DOWNING Crowd has revamped its crowd bonds platform to offer greater flexibility and transparency for its investors.
The firm told customers in an email update that it is moving to a new, sector-based approach, where investors will be able to pick their sector and how long they want to invest.
As part of this new approach, Downing Crowd said it will offer “fewer, bigger bonds that stay open for a longer period of time and that are secured against a wider range of assets, such as care homes or solar farms.”
Other changes include the introduction of a new “bond book”, which gives investors data on all historic and current bonds issued to date. The new resource shows a full breakdown of the total funds raised.
The bond book is updated automatically when Downing Crowd issues new bond certificates and when bonds repay.
Downing Crowd has also moved all investment news from individual bond issues into a new ‘investment updates’ area of the website.
“We are encouraging bond issuers to send us more updates so you’re regularly kept informed on how your money is being put to work,” the firm added.
Downing Crowd has invited its customers to give feedback on the changes.