Crowdfunding finally goes mobile in the US as OFF3R (formerly known as tendr) launches

‘Addictive’ investor app hits 250,000 interactions in first eight weeks and will now be linked to Angel.co and other top US platforms.

Tendr, the mobile crowdfunding discovery platform, rebrands as OFF3R and will now offer US crowdfunding investment opportunities from Angel.co and other leading US platforms. OFF3R is backed by super angel investment club QVentures and with investors in over 42 countries.

With the global crowdfunding market predicted to reach $96 billion by 2025*, the rise of crowdfunding has been meteoric. Investors have invested an average of $3,000 in the last month with $22m raised across UK equity crowdfunding platforms that are linked to OFF3R. The crowdfunding aggregator will integrate with over 68 platforms in the coming months offering investors a broad spectrum of opportunities across equity and debt.

“Our decision to rebrand from tendr to OFF3R facilitates our global expansion plans and is in response to international demand” commented Lex Deak, CEO at OFF3R, “our savvy users love the app as they can keep on top of crowdfunding investment opportunities whilst on the move. Now we are offering them US investment opportunities, making our app even more compelling.”

OFF3R was launched in the UK in June of this year, under the name of tendr, and is linked to UK crowdfunding platforms Crowdcube, Seedrs, AngelList, Angels Den, Envestors, Eureeca and OurCrowd.

About OFF3R:

OFF3R is the first ever mobile crowdfunding aggregator.

OFF3R provides smart investors with key details of crowdfunding opportunities so they can make sound investment decision with a few swipes and touches of a smartphone or tablet.

Off3R links investors to crowdfunding platforms and has transformed the way people can invest in new ventures. Investors can also enable alerts and notifications to signal new opportunities.

OFF3R is available on both Android and iOs and can be downloaded from Playstore, Appstore or www.OFF3R.com

Note:

OFF3R is not a crowdfunding originator. OFF3R is an aggregator of publicly available information, you will need to register on each platform and agree to specific terms to access additional investment information. OFF3R is targeted towards investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. Investing in early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. 

*2013 study commissioned by the World Bank

For further information please contact:

Marc Duke [email protected] +44 (0) 7764 950 953 @marcduke

Follow Off3R:

t: @off3rdeals https://twitter.com/Off3rDeals

f: https://www.facebook.com/off3r

li:https://www.linkedin.com/company/tendr---crowdfunding-aggregator

London Pensions Fund Authority names acting Chairman

The London Pensions Fund Authority today announced that Sir Merrick Cockell will take over as its acting Chairman. The position is a natural progression for Sir Merrick, who joined the LPFA Board in October 2010 and, as its Deputy Chairman since January 2013, has steered the organisation through much of its strategic shift. The LPFA recently announced its intention to move forward with a £10bn partnership with Lancashire County Pension Fund, which will initially be known as the Lancashire and London Pensions Partnership (LLPP). Commenting on the announcement, LPFA Chief Executive, Susan Martin said: “As the LPFA moves forward with its various partnerships including with Lancashire County and Greater Manchester Pension Funds, Sir Merrick’s skills and leadership are of great importance. He will continue to lead our discussions with Lancashire and other Local Government Funds and push for collaboration across the sector.” Sir Merrick has unrivalled knowledge of local government and infrastructure funding, having been appointed earlier in the year as Chairman of the UK Municipal Bonds Agency, an initiative formed by local government to assist with raising capital cost effectively. He was also recently named as the Chair of the Crossrail2 Growth Commission. Speaking about the future direction of the LPFA and his role, Sir Merrick said: “It’s an exciting time to be leading LPFA as we are take the unprecedented step of pooling two of the largest pension funds in local government. As joint shareholders with Lancashire in the LLPP we have been working closely together on every facet of its development and we expect this to continue going forward.” The formation of the LLPP is well underway, with the process of appointing an Independent Chair and Non-Executive Directors to its Board in advanced stages. The LPFA and Lancashire Country Pension Fund also recently announced the creation of a Strategic Investment Advisory Board that will report in to the investment function of the LLPP.

Dow Schofield Watts Corporate Finance advises the shareholders of Cascade Consulting Holdings Limited on their sale to Ricardo PLC for an undisclosed consideration

Ricardo said the deal follows a successful collaboration between the company which started in February and will bring additional capacity and reach in its water resources and water quality management units.

Cascade provides environmental consultancy services to the UK water sector, focused on water resource management, catchment management, water quality, water treatment, flooding and coastal management, and environmental impact assessment.

"Cascade Consulting has an established market reputation and when combined together with Ricardo-AEA will enable the Ricardo business to start to deliver on its strategic growth objectives within the water sector both in the UK and internationally. I'm delighted to be able to welcome Cascade Consulting to the Ricardo Group," said Chief Executive Dave Shemmans.

Kieran Conlan, CEO of Cascade Consulting, added: “Cascade Consulting has a 15 year history of growth serving the UK’s water industry and regulators. As climate change and population growth puts the spotlight on water supply and demand, Ricardo-AEA’s capabilities in adjacent topics, and in particular its international reach, will enable us to realize the full potential that our collaboration has identified. It is an exciting step for both our company and our employees.’

The deal team was led by Jon Schofield and Dave Graham, Directors of Dow Schofield Watts Corporate Finance.  Dave Graham commented; "DSW has worked with the owners of Cascade over the last couple of years to create significant shareholder value. This transaction marks the start of a new chapter for all at Cascade. I have no doubt that the business will go from strength-to-strength under Ricardo’s ownership.”