Member Article

Seven-figure investment to support Growth Capital Ventures new P2P lending platform

Private equity house Maven Capital Partners has invested £1.1m in London-based Growth Capital Ventures (GCV) to help support the development of GCV’s new peer to peer (P2P) lending platform.

The deal, which was funded through Maven’s Venture Capital Trusts, will fund GCV’s new platform which focuses on ‘pre-vetted, quality investment opportunities’.

The firm already has significant experience in the crowdfunding and P2P space, after launching its crowdfunding platform GrowthFunders in 2014 which matches innovative businesses to investors.

Norman Peterson, co-founder and CEO at GCV added: “As a result of Maven’s investment, we will be able to evolve the GrowthFunders platform, and add P2P lending to our model that will enable investors to access an additional number of asset classes and build a diversified and balanced portfolio.”

Bill Kennedy, Partner at Maven, commented: “Alternative finance, including crowdfunding and peer to peer lending is becoming an increasingly mainstream asset class.

“Maven is pleased to support GCV to enable it to further develop and enhance its highly sophisticated investment platform which has been uniquely designed to connect investors with opportunities across the real estate, technology and clean energy sectors.”