The AllBright platform with its three female founders emerged to address the funding gap that currently exists between male and female-led companies and aims to unearth, fund and support outstanding female talent in the UK.
AllBright’s unique platform combines an angel network with a crowdfunding platform. Investors can register to become a ‘Crowd Investor’ and invest as little as £100, or apply to become an ‘AllBright Angel’. AllBright Angel’s offerings have a minimum £1,000 commitment per deal.
The platform launched this week with three campaigns and investors are invited to register their interest before the campaigns start accepting investments.
The platform charges no upfront fees and takes a fee of 7.5 per cent of realised profits.
The duo behind the venture is Debbie Wosskow, the CEO of home sharing platform Love Home Swap, and Anna Jones, the former CEO of publisher Hearst Magazines UK.
AltFi is returning to Amsterdam for its second annual Summit in the city. The inaugural event last year was a roaring success, with key figures from across Continental Europe's alternative finance and digital banking sectors highlighted. These included Jeroen Broekema, managing director of Funding Circle Netherlands, and Mieke van Engelen, head of innovative partnerships at ABN AMRO's standalone lending platform, New10.