I think our money is protected up to £85,000 is that correct @acamp
I 'm still waiting for £12K
I’m not generally impatient, but it is slightly annoying reading about people who have got it while I’m still waiting
Thats crazy.
This investment was a ‘set it and forget it’ for me, so wasnt following any of the funding rounds after when i got in , but its scandalous anyone has lost money at this point unless the company completely failed and went bust.
The fact its being sold to one of the biggest UK trading firms before a IPO and people still lose money is ridiculous.
Not to preach or tell people what to do with their money once we are paid out, but we haven’t even seen the hard data roll over yet.
If you have a shorter term investment horizon, and are heavily long the market; treasuries seems the safer option currently or hedging a bit (£XSPS) given global uncertainty.
If you’ve got a 3-5 year investment horizon, then go wild buying the dip if that’s your prerogative. But to me it seems like the delay in the distribution of funds could actually have saved people buying in at elevated prices. Something to consider hastily putting the cash to work once recieved.
Given how this private investment has gone, I’d hate to see people financially disadvantaged just because we’ve all become conditioned to buy the dip.
Best of luck with putting that money to work
CrowdCube is continuing to protect me from buying the dip too early
Why? The money is in a ring fenced account.
It’s what you get from buying in on the £9 odd round. In fairness to my judgment that was a different time and place investment wise the world has changed considerably since then.
Still waiting on my £200 - I still can’t believe they betrayed everyone for a quick buck. Karma is a b…
Pursue them for interest on the funds held since the 1st of April 2025. Ask them for Base Rate + 8%
Such a fitting date for the transaction – April fools day.
We are the fools, I guess.
Still waiting into a Barclays account - thought it might have come through overnight but nowt.
Only received the Crowcube email on 3rd April, confirming the amount I’d receive and asking me to check my bank details. Didn’t have any setup, so added it then. No update since and no money in my account (Starling Bank).
Edit: just received an update from CC now
We received funds in our bank account on Friday, April 4, 2025 and the first payments were distributed on Tuesday, April 8, 2025. Payments will be processed as soon as possible for those investors who have already passed our Anti-Money Laundering (AML) checks and provided us with their payment details. Batches of payments are therefore being made throughout this week and next week.
I was joking but after their latest email I am now leaning to pursuing Crowdcube for Base Rate + 8%. What a difference a silly email makes.
What I don’t understand is why they didn’t start doing the AML checks much earlier. So they wouldn’t be holding funds over a week and look like they are incompetent. Not a good look for crowdcube.
Have to love Crowdcube quoting AML checks as the reason distribution of funds is slow. If we were really money launderers we’d be the worst money launderers in the world given we’ve wasted our money investing in this shambles of a company for the past few years.
Judge: You stand accused here today of laundering £10,000 into £1,000, what plead you?
Me: A numpty, your honour
Money laundering is about concelaing the (illegal) source of funds, not making profit.
The profit has already been made selling drugs / guns / whatever, and needs to be converted to clean transferrable cash.
You’d expect to have less face value at the end of it, but at least you can spend it.
Tying up your ill-gotten gains in a crowdfunded company would be a very strange method though.
We know, we’re just laughing at the ludicrousness of it all.
To be fair I think they are legally required to do AML checks. They should have done them sooner though
They are, the issue is they’ve known since January 2025 of this transaction and could have done the checks ahead of time.
In comparison, Wilmington Trust did the AML/KYC checks in under a day, I literally submitted the form the day before and I got the funds soon after.
So, how Crowdcube are arguing they need more time when we literally invested through their platform is beyond me.