Chester entrepreneur launches first full service crowdfunding platform
Tech entrepreneur Chris Hancock is launching Crowd2Fund, a complete crowdfunding solution built to support five different funding models including debt and equity.
Hancock is benefiting from the consulting input of a team including Ebiquity founder and entrepreneur Sarah Jane Thomson and former HSBC Private Bank chief investment officer Nigel Webber.
Crowd2Fund focusing on giving businesses the best chance of gaining capital, and investors a flexible way of managing risk and building a portfolio.
Crowd2Fund brings 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.
Chris Hancock 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 £1billion this year in peer-to-peer business lending, while globally the World Bank forecasts $95billion (USD) by 2025.”
“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.”
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