Growth Capital Ventures (GCV), a London, UK-based developer and operator of specialist online investment and capital crowdfunding platforms, connecting entrepreneurs and earlier-stage businesses to investors, received a £1.1m investment.
Maven Capital Partners made the investment through its managed Venture Capital Trusts.
The investment will enable GCV to develop a new Peer to Peer lending (P2P) platform, tapping into the UK online alternative finance market which raised £3.2 billion in 2015.
Led by Norman Peterson, CEO, and Craig Peterson, COO, GCV launched its first crowdfunding platform, GrowthFunders, in 2014. The new platform will focus on providing access to pre-vetted, quality investment opportunities that have the potential to deliver strong investment growth, and support syndication between institutional, professional and retail investors.
Maven’s funding will also support the business in further developing its investment platforms and increasing deal flow for its expanding investor base, targeting a number of core sectors including high growth SMEs, real estate, technology and clean energy.
First appeared at FinSMEs