In the news
Growthdeck in the news
Crowdfunders: Crowdfunding platforms are slowing down
8 November 2016
Crowdfunders is a weekly look at what's hot and what's not in the crowdfunding and peer-to-peer space, examining the latest news and developments in the fast growing world of alternative finance. Your host is Ed Bowsher, and on today's show he'll be investigating the drop in crowdfunding platform earnings, OFF3R's expansion into property and lending, and why Growthdeck would rather be known as a 'personal equity platform'.
Growthdeck Merges With Radius Equity & Announces New CEO
27 October 2016
Investment crowdfunding platform Growthdeck announced it has merged with merged with the established HNW investor club and syndicator, Radius Equity, to create a premium VC-crowdfunding hybrid. This news comes just a few months after Growthdeck secured over £1 million through its self-crowdfunding campaign.
Dundee sports games firm targets £1.5m funding goal
25 October 2016
A Dundee-based maker of sports simulation games is seeking to raise £1.5 million as it prepares for the launch of its debut title.
Digital Sports Arena (DSA), which is developing a mobile football management simulator called Gameday Live, has set itself the goal of netting £500,000 through online investment platform Growthdeck.
Growthdeck merges with private investor club, appoints new CEO
7 October 2016
Growthdeck, the latest in a string of platforms to seek to “professionalise” the equity crowdfunding space, is merging with professional investor syndicate Radius Equity. At the same time, Growthdeck has appointed Steve Robinson, former CEO of Tesco Direct, as its new CEO. Former Growthdeck CEO Gary Robins becomes strategy director.
Investment platform Growthdeck merges with private investor syndicator and appoints retail heavyweight as CEO
28 September 2016
The online investment platform Growthdeck, which launched in late January 2016 with plans to disrupt the sector, has merged with the established HNW investor club/syndicator Radius Equity to create a unique/premium VC-crowdfunding hybrid.
The enlarged Growthdeck brings two highly experienced teams together and will be headed by newly-appointed retail and finance expert Steve Robinson, whose past roles include CEO of Tesco Direct, FD at Argos, and Customer Director at B&Q.
Who should investors back in the £5.3bn equity investment industry?
10 August 2016
For investors who want to own a share in the alternative finance sector, there has been no end of opportunity this year as equity crowdfunding platforms line up to raise finance.
Growthdeck Raises £1 Million for Businesses in First Weeks of Crowdfunding
6 June 2016
Investment crowdfunding platform Growthdeck has announced it has raised £1 million in seven weeks of operation. The bulk of this amount came from Pinkster Gin. Growthedeck said that at ten weeks that number now stands at £1.5 million and is indicative of solid growth.
PInkster gin smashes crowdfunding target
20 May 2016
The pink gin brand, produced in Cambridge using fresh raspberries, launched its campaign on Growthdeck in April this year with the hope of expanding its UK on-trade presence and launching in international markets.
Pinkster on Share Radio
14 April 2016
Stephen Marsh, founder and MD of Pinkster Gin, talks to Ed Bowsher on Share Radio.
The Scotsman Big Interview: Derek Bond
2 April 2016
In less than five years, the church of UK crowdfunding has multiplied into an expansive congregation populated at its fringes by offers of varying frivolity.
Gin maker Ginmeister seeks £600k cash infusion through crowdfunding
2 April 2016
Ginmeister, the producer of raspberry flavoured Pinkster Gin, has launched a crowdfunding campaign on the new equity platform Growthdeck to raise £600,000.
Why equity crowdfunding platforms must take due diligence more seriously
10 March 2016
The growth of equity crowdfunding has been spectacular. It has delivered the kind of shot in the arm for the funding of small businesses that policymakers have been seeking for decades. And what is particularly interesting is that crowdfunding has done this without two components that most investors view as vital before they invest: proper due diligence and clear signs of profits, or a route to profitability. Should we be worried about this?
Is crowdfunding getting smart?
29 February 2016
Growthdeck offers what it describes as ‘private equity calibre investments’. It is borne out of a concern that many companies who seek crowdfunding are unsuitable and lack exit plans that would give investors returns. On Growthdeck, all businesses seeking capital would be put through private-equity style due diligence and would need to show a proper exit plan over a set number of years. Growthdeck is run by a team with private equity experience, which they say will give them unique skills to assess appropriate opportunities for investors.
Are we in a crowdfunding bubble that's about to burst?
15 February 2016
Following Rebus' crowdfunding failure, industry experts share their views on whether start-ups and investors should be cautious about crowdfunding.
The Times Money: The Risks and Rewards of Crowdfunding
13 February 2016
A high-profile failure and allegations of dodgy practices are threatening to take the shine off the investment phenomenon known as crowdfunding. The collapse last week of the claims management company Rebus, shortly after it raised £816,790 from more than 100 individual investors, is thought to be the largest equity crowdfunding failure to date.
Read more here
Growthdeck and Squareknot Join Equity Crowdfunding Operations
10 February 2016
Recently launched equity crowdfunding platform Growthdeck, has merged operations with Squareknot based in Glasgow, Scotland in perhaps the first merger of two online equity marketplaces.
Merger in the Equity Crowdfunding Space
10 February 2016
Newly launched equity crowdfunding portal Growthdeck has merged withSquareknot.
Growthdeck will in essence be absorbing the 5,000 strong investor base of the Squareknot platform. The vast majority of those investors are based in Scotland. The bulk of Growthdeck’s existing investors – which were sourced through a partnership with Radius Equity – are based in London and the Midlands. Squareknot MD Derek Bond will join Growthdeck in a “senior role” and will be bringing his team with him. Derek will continue to be based in Scotland.
Crowdfunding sites and finance houses merge
10 February 2016
Equity crowdfunding platforms are teaming up with professional finance houses as they look to move away from the mass market towards sophisticated private investors... Growthdeck, is combining with Glasgow-based Squareknot, which provides loans and equity deals. Both have pledged to vet companies thoroughly.
Just eight per cent of firms running crowdfunding campaigns are profitable
10 February 2016
Fewer than one in ten UK businesses launching crowdfunding campaigns are in profit, as a study revealed just eight per cent of firms are making financial gains. The study came from February-launched equity crowdfunding service Growthdeck, which sought to highlight the tricky challenge investors have when it comes to understanding the strength of the business opportunities before them.
Growthdeck on Share Radio
4 February 2016
Listen to Gary Robins and James Wrighton explain why Growthdeck is different to other equity crowdfunding platforms on Ed Bowsher's Crowdfunders show on Share Radio.
New UK crowdfunding platform Growthdeck launches today hoping to improve investment standards in the sector
28 January 2016
A new equity-crowdfunding platform is launching in the UK today, Growthdeck, which says it wants to improve the standard of investing in the burgeoning sector. The company says it wants to "marry up the speed and low cost of crowdfunding platforms with the investment rigour that institutional investors would get and that private investors deserve.”
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