Peer-to-business lending platform, rebuildingsociety.com has launched three crowdfunding sites powered by its technology; Be The Lender, eMoneyUnion and Acorn Commercial Finance.
Crowdfunding is an online market that connects individuals and businesses looking to raise funds, either through an equity stake sale, a debt arrangement or rewards, with individuals willing to invest, lend or donate.
Since publicly announcing the availability of its technology on a white-labelled basis in June, the Leeds-based company has built a thriving sales pipeline with other sites currently in development. Enquiries have come from the UK, Europe, the US and the Middle East, evidence of the widespread appeal of crowdfunding and its many guises.
Be The Lender operates as a peer-to-business lending platform, while eMoneyUnion has targeted the personal loan space. Acorn Commercial Finance is a commercial finance brokerage looking to attract businesses looking for loans through crowdfunding, which will then be funded by rebuildingsociety.com’s lenders.
Dan Rajkumar, MD of rebuildingsociety.com explains: “My commitment is to rebuildingsociety.com, but also the crowdfunding market in general because I believe the financial services market is ripe for disruption, which will generate further opportunities. Technology is enabling efficiency and value in financial services in the same way it has done with the audio, retail and aviation markets through iTunes, eBay and easyJet.”
Rajkumar is buoyant about the company’s future plans: “We have the capability to design platforms to suit any crowdfunding business plan and this industry is set for substantial growth.”
Mark Butterwick, chief executive of Be The Lender said: “We chose rebuildingsociety.com as our technology partner because we were impressed with its operational platform and its demonstrable success.
“We’re excited about the potential of crowdfunding and there is a well-publicised gap in the market for business loans in the UK. The can-do attitude of the rebuildingsociety.com team is hugely refreshing and their knowledge of the industry adds tremendous value to Be The Lender.”
rebuildingsociety.com also offers retained administration, copyediting, digital marketing and legal services.
Potential new clients can register their interest at www.rebuildingsociety.com/white
Published on: 11:10AM on 13th August 2013