When you invest or top up your wallet, funds should be transferred to 'ShareIn Ltd'. Share In Ltd holds client monies in segregated accounts. Share In Ltd (Firm Reference Number 603332) is authorised and regulated by the Financial Conduct Authority. The transfer details will be available at the time of investing.
Crowdfunding is a method of funding a project or organisation by pooling the money of individual investors. It can provide a number of benefits beyond the financial including marketing, audience engagement and feedback. Crowdfunding allows good companies which don't fit the pattern required by conventional financiers, to break through and attract cash. There are a number of types of crowdfunding but the 3 main categories are:
Want to know more?
Please visit the UK Crowdfunding Association – ShareIn are one of the founding members.
NESTA have written a comprehensive introduction to crowdfunding. You can read it here.
Equity crowdfunding is the process whereby individuals or the "crowd" invest in an unlisted company (a company that is not listed on a stock market) in exchange for shares in that company.
Equity crowdfunding is a great way to match companies who need funding with individuals who wish to invest. Investors become shareholders and have partial ownership of a company. Individuals get a share in the future success of a company they believe in. If the company fails investors can lose some, or all, of their investment.
Investing in early stage companies such as those available on the LEOcrowdfunding website involves risks, including loss of all your capital, illiquidity, lack of dividends and dilution, and it should be done only as part of a diversified portfolio. This type of investment is only for investors who understand these risks.
A full risk warning can be found here.
Yes – equity crowdfunding is a regulated activity in the UK and each country across the world has specific regulations regarding the adoption of equity crowdfunding.
The Financial Conduct Authority (FCA) in the UK issued a Policy statement (14/4) - The FCA's regulatory approach to crowdfunding over the internet, and the promotion of non-readily realisable securities by other media, in March 2014.
People resident in the United Kingdom who are either a "Certified High Net Worth Individual" or "Self-Certified Sophisticated Investor" (as these terms are defined in The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended)) can invest. Individuals who can confirm that they will invest less than 10% of their net assets in eligible types of investments as a "restricted investor" (as this is defined in the FCA's Conduct of Business Sourcebook at Chapter 4.7) can also invest.
You must not participate in a fundraise or make any other investments via the Company's website if you do not meet any of these criteria and you must not complete the online registration process as an 'INVESTOR'.
No, you can lose all the money you invested but nothing more.
You can cancel your investment offer at any point before the funds are transferred by emailing [email protected]
Investment in a company such as those promoted on the LEOcrowdfunding website carries high risks as well as the possibility of high rewards. It is consequently very speculative. As an investor, you should be aware that no established market exists for the trading of shares in private companies such as those promoted on the LEOcrowdfunding website. There could be difficulty in selling your investment at a reasonable price and, in some circumstances, it may be difficult to sell them at any price.
For a significant investment, we would be more than happy to enter into separate discussions as to whether we can accommodate this. It will be dependent on your particular circumstances and the regulatory framework in your country of residence. Please contact us at [email protected] if this interests you.
There are no fees for making an investment in LEOcrowdfunding.
LEOcrowdfunding pay the fundraising costs associated with this funding round.
When you apply to purchase a bond or share on our investment platform, your application will be processed on a first-come, first-served basis. Once an investment offer is closed, investments are issued directly by the company to the investor. These investments are not traded on a market of any kind.
So what does this have to do with “best execution” rules?
As your transaction on our crowdfunding platform will not be carried out by an intermediary, third party or execution venue as defined above, nor do we provide a facility allowing you to resell your investment through an MTF, "Best execution" rules do not apply.
Some investments on this website are only available to investors who meet certain net worth or investment sophistication criteria.