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.
Yes – 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 nonreadily realisable securities by other media, in March 2014.
ShareIn Limited are the company that PANACEA investments are working with to deliver their debt and equity crowdfund. ShareIn are authorised and regulated by the UK Financial Conduct Authority (FRN 603332).
When you invest or top up your wallet, funds should be transferred to 'ShareIn Ltd'. ShareIn Ltd holds client monies in segregated accounts. ShareIn Limited (Firm Reference Number 603332) is authorised and regulated by the Financial Conduct Authority. The transfer details will be available at the time of investing.
Investing in early stage companies such as PANACEA 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.
You can lose all the money you invested but nothing more.
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)).
You must not participate in the New 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. PANACEA investments would like to keep their list of investors private.
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.
You can cancel your investment offer at any point before the funds are transferred by emailing [email protected] .
There are no fees for making an investment in PANACEA investments.
PANACEA investments pay the fundraising costs associated with this funding round.
One of your rights under data protection law is the right of access to the personal data that we hold about you. The process of requesting your data is called a Subject Access Request (SAR).
How to ask for a SAR
If you want a copy of the personal data we hold (or simply want confirmation as to whether or not we process data about you), you must make a request, either in writing or verbally. Our contact details are here.
Please include the following in your SAR:
What you can expect from us
Before releasing personal data we may have to take steps to confirm your identity. This could include requiring a piece of photo identification or answering a number of security questions related to your account.
Once we verify your identity, we will log your request, and we will search all databases to find any personal data we currently hold.
We will provide an electronic copy of your personal data within a month of your request.
Please be aware that there are circumstances in which the law allows us to extend the response time or charge an administrative fee. In either case, we will inform you by email within one month of receiving your request.
What you can do once you receive the data we hold
Once you receive the data we hold, you have the right to ask for data to be corrected or erased.
Please be aware that we may not always be able to erase personal data we may hold about you. If your personal data relates to an investment you have made, financial services regulation requires us to keep certain information on file for a period of 5 years.
In the event you have a complaint about the way we have handled your personal data or your SAR, you can count on us to take your complaint seriously.
If you feel your data protection rights have been violated and you do not feel you have had a satisfactory response from us , you have the right to lodge a complaint with the Information Commissioner’s Office (ICO).
We want to give you superb customer service but sometimes things might go wrong. We can usually resolve most issues straightaway, so please email us on [email protected] or call us on 0800 033 7679 to tell us how we can help.
What you'll need to tell us so that we can help you:
We'll be in touch with you as soon as we can and let you know what will happen next. We'll try to resolve your complaint within 3 working days. For more complex issues it's likely that we will need longer to look into what's happened and we may ask you for further information to help us reach a decision. We'll give you regular updates. And once we've dealt with your complaint, we'll go back and see what we can learn from your experience.
If you're unhappy with the outcome UK Residents can ask the Financial Ombudsman Service (FOS) to carry out an independent review of your complaint. In any event, you have the right to ask the FOS to review your complaint if we've been unable to resolve it within 8 weeks.
The FOS can help UK residents with most complaints if you are:
Their phone numbers are +44 (0)300 123 9123 or +44 (0)800 023 4567.
You can send an email to: [email protected]