Richard Branson's ex-colleague launches new crowdfunder
By Chanice HenryThis week has seen the launch of Crowd2Fund the self-proclaimed most complete crowdfunding solution in the marketplace…
This week has seen the launch of Crowd2Fund the self-proclaimed most complete crowdfunding solution in the marketplace.
Crowd2Fund aims to give businesses the best chance of gaining capital, and investors a flexible way of managing risk and building a portfolio.
Entrepreneur and founder Chris Hancock, explains: “I have been fanatical about digital disruption since the early ages of the internet. I was first inspired by the power of Internet finance when I helped to deliver Richard Branson’s early social enterprise funding platform, Virgin Unite, in 2008. I have also been lucky enough to work on other landmark projects with brands such as the BBC and HSBC.
“Crowd2Fund has been two years in the making and the timing is right to enter the market with this new proposition. The UK is expected to see transactions top £1 billion this year in peer-to-peer business lending, while globally the World Bank forecasts $95 billion (USD) by 2025.”
As the market expands, Crowd2Fund aims to bring together five different models of crowdfunding of varying risk in order to allow investors to build a diversified portfolio. The company is also working to continue to innovate new funding models such as mini-bonds and crowd mortgages.
Crowd2Fund already has a proven team and has made key hires to its management team from other market leading debt and equity crowdfunding platforms.
Hancock continues: “I believe this is the perfect business model for the Social Age: the internet has democratised everything – Wikipedia did it for knowledge, Twitter did it for communication, and crowdfunding is doing it for finance.
NOTE: Risk warning and statutory statement
Investing in start-ups and 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. Investing in start-ups may expose the individual concerned to a significant risk of losing all of the money or other assets invested.
Keywords: Crowdfunding, launch, richard branson, p2p, crowd2fund, platform, investment, business finance, commercial property,