Despite the great complexity of moving goods around the world, digitalization in the freight industry is still at a very early stage.
We are one of the first online Freight Forwarders in Europe.
We believe in doing things differently and with our platform, our aim is to make logistics simpler, more efficient and transparent for our customers.
WE MAKE LOGISTICS SIMPLE!
• Instant quoting tool • Merchandise traceability • Shipment management • Digital documentation • Customer Service 24/7 • Business analysis • Integrations and consulting
• 70% International trade growth during the last decade • Global logistics market value: €5.5trn • Spain: one of the top 5 logistics hubs in Europe • Lack of digitalization in logistics
2019 - 57% growth in revenue
2019 - 81% growth in shipments
Services to 190 countries and 8K routes
COVID-19 Pandemic: 75% growth in revenue
Luis Sagüés - CEO
Tere Latorre - COO
Crowdcube is a crowdfunding platform that matches start-ups and scale-ups seeking investment with a wide range of investors who are passionate about their cause.
When you invest in equity you buy a percentage or share of a business in the hope that the value of that company will increase over time. Hopefully, the business you have backed goes on to make an ‘exit’ at a higher value than when you invested, and you will get a return on your investment and make a profit. Please be aware, investments of this nature carry risks to your capital.
Some of the companies on Crowdcube's platform issue shares to investors via a nominee. We have put together this guide to explain what this means for you.
How does the nominee structure work?
Rather than issuing the shares to you directly, the shares are instead issued to a nominee company: Crowdcube Nominees Limited. The nominee is named in the company’s register of shareholders and will be the legal holder of the shares. The company will communicate directly with the nominee and but may also send you updates directly. The nominee will hold the shares on trust for you, the beneficial owner, and Crowdcube will administer the holding on the terms set out in the Investor Terms to safeguard your rights and entitlements. You should read the legal review which will be attached to the email you are sent after the pitch closes to investment and the Investor Terms, which apply to every investment.
How does voting work?
If we need to get investors to vote on a matter, Crowdcube will poll all Crowdcube investors in that company electronically, and instruct the nominee to vote in accordance with the wishes of the majority of investors who respond.
We work out the majority according to how many shares the responding investors hold, so for example, if:
· the nominee holds 100,000 shares on behalf of Crowdcube investors;
· the beneficial holders of 60,000 shares respond; and
·of these, the holders of 54,000 shares (94% of the shares held by the respondents) indicate that they want to vote for the resolution, then the nominee would vote in favour of the resolution with all 100,000 of its shares (including those held on behalf of investors who did not vote or who voted against).
Will I get pre-emption rights?
Where the company offers its shareholders the opportunity to exercise pre-emption rights, Crowdcube will make the nominee’s allocation of shares available to you and the other investors via a private pitch on Crowdcube.
What happens if the company is sold or pays a dividend?
Returns on your shares (e.g. dividends or the proceeds of any sale) would be transferred to you by the nominee. In these circumstances, you would be asked to confirm your bank details.
Will my investment still be eligible for EIS/SEIS?
Provided the company, the shares being offered and the investor meet all of the requirements to qualify for EIS/SEIS, the fact that the shares are held by a nominee will not affect EIS/SEIS eligibility.
How do I know if my shares will be held by a nominee?
If the shares are being offered via a nominee, this will be noted in the “Share Types” section of the pitch page and the legal review/explanatory note attached to the pitch. Your portfolio will also note how the shares are held.
Can I transfer my shares?
In the vast majority of cases you can transfer the beneficial title to your shares to another Crowdcube member without any restriction. You just need to get in touch with the nominee team and they will assist you with transferring the shares into the name of the buyer. However, at this stage we can’t help you find a buyer - you need to find them yourself. We also do not get involved in the transfer of funds - we can recommend a secure transfer payment agent if you would prefer that security. We typically find that the most common transfers are transfers to family and friends - we can usually arrange this pretty quickly and at minimal cost.
There is a minimum investment amount of €15.00.
As a platform approved and regulated by the Financial Conduct Authority, Crowdcube reviews and approves every pitch on the site to ensure that all the information presented to the crowd is fair, clear and not misleading. They conduct thorough due diligence on the company, its legal structure and directors using leading third-party providers such as Creditsafe, Experian and Onfido. Crowdcube also verifies evidence supporting any claims being made by the business such as market size, contracts and partnerships to ensure the information provided is accurate. This process can take between 3-4 weeks, sometimes longer if the company or raise is complicated. To make this process more open and transparent to their members, their Due Diligence Charter outlines in detail the analysis and verification that is conducted by the Crowdcube team as part of the approval process. It is also regularly updated when they make improvements to their due diligence processes. In line with their company values, their guiding principles for this Charter are: Integrity; to act with integrity and treat the investors and fundraising companies fairly; Diligence; to act with skill, care and diligence; and Transparency; to be open and transparent with all the customers at all times.
**GDPR Consent - Your email address will be collected and stored by us for the purpose of receiving updates about FOB’s crowdfunding campaign. You may unsubscribe at any time. Your email address will not be shared with any third parties.