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17th December 2019

Crowdcube doubles investment into overseas businesses in 2019

Crowdcube is announcing a record-breaking year for overseas businesses raising funds on Europe’s leading equity crowdfunding platform. Despite Brexit uncertainty, investment into businesses based outside the UK has doubled since 2018. 

In 2019, Crowdcube’s overseas raises drew in €26.6m, which marked a massive 100% hike from 2018. ID Finance, a Spanish based fintech, scoops the No. 1 place in terms of investment raised, pulling in €5.2m in November. More than 4,500 people also backed Bnext, the Spanish challenger-bank, which stands in second place. European entrepreneurs are matching their British counterparts in terms of investment raised and number of investors they attract, as they realise the benefits of building loyal communities alongside raising growth finance.

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