Crowdfunding platform Crowd2Fund closes £2m from international investors
UK start-up has facilitated over £1m in deals over the last three months and is now looking at partnerships with high street banks
Recently-launched crowdfunding platform Crowd2Fund has secured £2m Series A from a range of investors across Europe, China and the Middle East; taking the company’s valuation to £10m.
Active since August 2014, Crowd2Fund specialises in supporting funding for high-growth “innovative” UK companies with funding available in the form of loans, equity, revenue, donations and bonds.
It says that, as the “world’s only” FCA-regulated five-model platform, it offers an alternative to crowdfunding sites such as Seedrs and Crowdcubes.
It will be using the investment to expand in the UK and overseas markets and is also looking at developing strategic partnerships with some of the major high street banks with “talks underway”.
Discussing the Series A round, Crowd2Fund chief executive Chris Hancock commented:
“Crowd2Fund has taken on some well-connected Chinese investors which will not only help open the door to the Asia Pacific peer-to-peer market but will also facilitate investment into the European market from China.
“Working with international family offices gives us greater flexibility and immediate access to a global network of investors that can be leveraged as the business grows.”