Crowd for Angels (UK) Limited, the issuer of the Crowd Bond, is incorporated and registered in England and Wales under company number 03064807. Our offices are located in the City of London at 8 Little Trinity Lane, London, EC4V 2AN.

Crowd for Angels is an FCA authorised and regulated crowdfunding platform launched in 2014 for both debt and equity funding. It has, over a number of years, developed a sophisticated platform and has successfully funded a number of companies. CfA recently received an investment from Legendary Investments Plc, an AIM listed company (now known as Eight Peaks Group) that valued our Company at £3.7 million post money.

Bond Offer

Crowd for Angels intends to raise up to £4.25 million in tranches on its platform. This tranche of up to £250,000 is by way of a 3 year, asset backed Crowd Bond paying 5% interest per annum.

The Crowd for Angels’ Bond is eligible for inclusion in anInnovative Finance ISA (IF-ISA), which can be opened through our platform. Interest payments on IF-ISA eligible crowd bonds are able to be earned free of income tax. The bond will also be able to be traded on our secondary market, subject to demand.

Use of Funds

The Bond proceeds are to be used by Crowd for Angels to predominantly invest in or acquire secured crowd bonds listed on its own platform. Bondholders will therefore indirectly gain investment exposure to the bonds listed on the Crowd for Angels platform. In this way, they benefit from the advantages of a diversified mix of bonds.

How we invested our funds

Crowd for Angels has lent the majority of capital raised in previous rounds and is currently earning an annual return of 8.41% on those bonds. There is a small cash reserve for new bonds launching on the platform.

Repayment of Bond and Interest

Money raised via the Crowd for Angels Bond will be retained in a Designated Bank Account, with the funds being used to invest in other secured crowd bonds listed on the platform. The invested bonds will be held by a third party Nominee on behalf of investors.

We expect the amount raised under this issue to be at all times represented by cash in the Designated Account plus the amount of purchased bonds held by the Nominee on behalf of investors. The cash flow from repayments and interest on the invested bonds will be used to pay interest due on the Bonds and to redeem the Bonds on maturity. Crowd for Angels will benefit from fees and interest differentials. 

In addition, Crowd for Angels has a marketplace on its platform where bonds can be bought or sold depending on demand/supply. 

ANGEL Tokens as rewards

The Initial Token Offering (ITO) of our ANGEL Tokens was completed on 31st March 2018, with the tokens being listed on the GetBTC exchange on 12th April 2018. 

As part of this fund raise, each £1 Bond will have 50 tokens issued as a reward to investors for investing in the Bonds, at no additional cost to them. 

Payment Methods

Investors will be able to invest using the following payment methods

 *The minimum investment is £100

Tokens are being issued to investors as a reward for investing in the Bonds at no additional cost to them.