News Briefing - Crowdfunding, SME And Alternative Finance

three women and a man discuss reports

1.UK – FinTech

The Financial Conduct Authority (FCA) has laid out its proposals to ensure a "smooth transition" for EEA firms conducting business in the UK in case of a no-deal Brexit and a failure to secure an implementation period, according to Investment Week.

Its proposals are part of one of two consultation papers published on Wednesday (10 October), as the City regulator readies itself for its role in the fallout of the UK's departure from the European Union (EU).

News Briefing - Crowdfunding, SME And Alternative Finance

Is your money in the best place? Join the crowd, but follow your instincts.

1. UK - Equity

The equity crowdfunding campaign just run by Mr & Mrs Smith wasn't just an enormous financial success - successfully raising £6.2 million - it was a brilliant piece of brand-building and international publicity, according to Growth Business.

The boutique hotel brand has been trading for fifteen years, and when it went to its customer mailing list and asked if they wanted to buy shares in the business the money flowed in.  The company told Growth Business: