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P2P lender Crowd2Fund launches

Robyn Hall

September 16, 2014

Hancock said: “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 £1billion this year in peer-to-peer business lending, while globally the World Bank forecasts $95billion (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 added: “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.

“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.

Hancock has been consulted by Ebiquity founder and entrepreneur Sarah Jane Thomson and former HSBC Private Bank chief investment officer Nigel Webber.


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