City chiefs help entrepreneur to unveil first full service crowdfunding platform
Tech entrepreneur Chris Hancock, aided by an advisory panel of big names from the worlds of finance and business, is launching Crowd2Fund.
Chris is benefiting from the consulting input of a team including Ebiquity (floated on the Alternative Investment Market AIM) founder and entrepreneur Sarah Jane Thomson and former HSBC Private Bank chief investment officer Nigel Webber.
Chris said: “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 £1bn this year in peer-to-peer business lending, while globally the World Bank forecasts $95bn (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.
Chris continued: “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.
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.
Past performance and forecasts are not reliable indicators of future results. Tax treatment of any of the investment offers will depend on the individual circumstances of each investor and may be subject to change in the future. Investments in start-ups and early stage companies are high risk. Do not invest more than you can afford to lose. If you are unsure about any aspect of the information provided by the company, you should seek advice from an independent financial adviser. Peer to business lending is not regulated by the Financial Conduct Authority.
Crowd2Fund Limited, is an Appointed Representative of Resolution Compliance Limited, which is authorised and regulated by the Financial Conduct Authority (FRN 574048). Crowd2Fund Limited is registered in England and Wales. Registered No. 08472687 Registered Address: 1 Quality Court, Chancery Lane, London, England, WC2A 1HR.