Crowdcube reviews
Crowdcube reviews
Review summary
People rate this company as Average based on 14 product reviews
Latest positive rating
Wonderful way to start investing
Since joining Crowdfund as a novice I have invested in 18 companies that have all issued shares and progressed to trading on the stock market.
Latest negative rating
CrowdCube is not what it seems.
CrowdCube is not what it seems. Officially according to CrowdCube we raised £700k on the platform. This is very very far from the truth. We,... CrowdCube is not what it seems. Officially according to CrowdCube we raised £700k on the platform. This is very very far from the truth. We, the company, raised £630k ourselves from existing and new shareholders. CrowdCube riased £70k from it's network and yet claims to have raised the whole amount. In order to go live on the platform and induce FOMO we were told that we had to raise 75% of the minimum raise before they would put us live. What?!?! The whole point is to raise new money from new investors. It is not to raise money from our own sources and attribute this to CrowdCube. I would not use CrowdCube again as it simply does not deliver what it purports to deliver, is a lot of smoke and mirrors, is not telling the truth about sources of funds and who is responsible for them on it's site. I suspect this may be true of other crowd funding sites too now I dig into it in more detail and understand the actual process better having been through it. We had no option other than to accept the £70k they raised as still had to pay the minimum commission fee of £15,000. In order to cover this we had to take the money they raised. i would have preferred not to. I also had to accept investments from investors who wanted to buy 1 share. I mean really?!?!? The admin and time wasting in investing £20 just doesn't make any sense at all. The CrowdCube team were good and helpful and polite. The fundamental flwas in the CrowdCube model are not their fault. Overall a very unhappy and disappointing experience. 1 out of 10. Read more Read less
About Crowdcube
We want to give entrepreneurs the opportunity to take control of raising funding from their own network of friends, family, customers and strangers. Smart Money People is the place for Crowdcube reviews. Read and write reviews to increase trust and transparency in Financial Services.
Reviews for Crowdcube
Showing 11 of 14 company reviews
CrowdCube is not what it seems.
CrowdCube is not what it seems. Officially according to CrowdCube we raised £700k on the platform. This is very very far from the truth. We,... CrowdCube is not what it seems. Officially according to CrowdCube we raised £700k on the platform. This is very very far from the truth. We, the company, raised £630k ourselves from existing and new shareholders. CrowdCube riased £70k from it's network and yet claims to have raised the whole amount. In order to go live on the platform and induce FOMO we were told that we had to raise 75% of the minimum raise before they would put us live. What?!?! The whole point is to raise new money from new investors. It is not to raise money from our own sources and attribute this to CrowdCube. I would not use CrowdCube again as it simply does not deliver what it purports to deliver, is a lot of smoke and mirrors, is not telling the truth about sources of funds and who is responsible for them on it's site. I suspect this may be true of other crowd funding sites too now I dig into it in more detail and understand the actual process better having been through it. We had no option other than to accept the £70k they raised as still had to pay the minimum commission fee of £15,000. In order to cover this we had to take the money they raised. i would have preferred not to. I also had to accept investments from investors who wanted to buy 1 share. I mean really?!?!? The admin and time wasting in investing £20 just doesn't make any sense at all. The CrowdCube team were good and helpful and polite. The fundamental flwas in the CrowdCube model are not their fault. Overall a very unhappy and disappointing experience. 1 out of 10. Read more Read less
Con Artists and Censorship of Investors
I invested in 10 different businesses with Crowdcube. As one of them wanted to buy back shares at 75% of the price, I asked some... I invested in 10 different businesses with Crowdcube. As one of them wanted to buy back shares at 75% of the price, I asked some tough questions in the forums. Crowdcube "censorshiped" me, blocking my account for furhter investments. Unacceptable. Read more Read less
Products from Crowdcube
Showing all products offered by Crowdcube
Equity Crowdfunding
by CrowdcubeEquity Crowdfunding is a relatively new type of financial product. But with its popularity everincreasing, you too can find out more by reading Crowdcube crowdfunding reviews. Oh, and if you've...
Equity Crowdfunding
by CrowdcubeEquity Crowdfunding is a relatively new type of financial product. But with its popularity everincreasing, you too can find out more by reading Crowdcube crowdfunding reviews. Oh, and if you've...
Peer to Business Lending
by CrowdcubeCrowdcube peer lending reviews on Smart Money People help people like you thinking about what life is like as a Crowdcube customer to find this out. What is customer service...
Peer to Business Lending
by CrowdcubeCrowdcube peer lending reviews on Smart Money People help people like you thinking about what life is like as a Crowdcube customer to find this out. What is customer service...
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