The House Crowd passes £40m milestone

By Lisa Walls-Hester on 20th April 2017

Equity CrowdfundingProperty

The HouseCrowd is extending its products and hiring new execs

The House Crowd passes £40m milestone

Property crowdfunding platform, The House Crowd is celebrating five years of growth, having raised more than £40m in capital since its 2012 launch.

The House Crowd, which claims to have been the world’s first property crowdfunding platform, now serves upwards of 15,000 investors who have received in excess of £7.1m in returns.

The platform is now focused on its next stage of business growth and is hiring its first chief technology officer, chief marketing officer and new business development managers.

The company is also planning to introduce a specialist bridging finance service, including the planned launch of HC finance and HC investment websites.

Frazer Fearnhead, founder and chief executive of The House Crowd, said: “We set out to make property investment accessible to as many people as possible, and five years on we’ve done just that.”

“Despite having to fight through reams of red tape to make it happen, property crowdfunding is already worth £700m a year in the UK with numerous other platforms having followed in our footsteps.”


AltFi Amsterdam Summit 2018

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.

5th November 2018

Companies in this Article:

The House Crowd