Peer2Peer Finance News
The UK's first peer-to-peer finance magazine for investors and the industry
  • Home
  • News
    • Personal Finance News
    • Industry News
    • SME News
    • Global News
  • Property
  • IFISA
    • IFISA Guide
  • Video
  • Open Banking
  • Cryptocurrency
  • Features
    • Joint Ventures and Promoted Content
  • Comment & Analysis
  • What is P2P?
  • Partners
  • Events
    • Past Events
  • P2P Power 50
    • Power 50 2020
    • Power 50 2019
    • Power 50 2018
    • Power 50 2017
  • Sign up to our e-newsletters
  • Magazine
  • Directory
  • Jobs
  • My Account
    • Manage Account
    • Change Password
    • Log In
    • Log Out
Funding target
October 22 2020

Charm Impact raises over £200,000 as it edges closer to P2P launch

Michael Lloyd Global News, Industry News, News, Top 3 Charm Impact, Crowdcube, Gavriel Landau, Rebuildingsociety

Ethical investment platform Charm Impact has raised more than £200,000 in an equity crowdfunding campaign on Crowdcube to edge closer to its launch into peer-to-peer.

The unregulated platform provides peer-to-business loans to help clean energy entrepreneurs in developing economies gain access to finance.

With eight days left of its crowdfunding campaign, Charm Impact has smashed its £100,000 campaign target by 200 per cent by raising £209,710 from 446 investors so far. This is up from £123,610 raised at the start of the month.

The platform will use some of the funds to launch into the regulated P2P space by operating as an appointed representative of Rebuildingsociety. It will also spend money on expanding its team, developing its platform and raising brand awareness.

Read more: Seedrs and Crowdcube: A P2P history

“It has been incredible to see our mission resonating with so many investors,” said Gavriel Landau, co-founder and chief executive of Charm Impact.

“As individuals we often feel powerless in the face of global issues to know how we can make a difference.

“Being part of the Charm community enables you to group together with other people to make money and do good at the same time in a transparent and traceable manner.”

Read more: Ethical property investing

To date Charm has launched five projects across West Africa and India that have enabled more than 1,800 people and 50 businesses to gain access to power through renewable energy.

Charm has been supported by Innovate UK and DFID, along with a private foundation focused on preventing climate change and mitigating its harm.

EstateGuru achieves strong third quarter More than £61bn borrowed via government-backed loan schemes

Related Posts

fintech sector

Industry News, News, Top 3

Fintechs feature heavily in list of best start-ups to work for

Spiel

Global News, Industry News, News, Top 3, Uncategorized

Bondora monitoring ‘see-sawing’ secondary market

uk home

Industry News, News, Property, Top 3

British Pearl nears completion of portfolio sale

Popular posts:

  • Government responds to P2P fraud query
  • The alternative lenders accredited for CBILS
  • FCA lumps P2P lending in with higher risk products again
  • 4th Way gives its views on Zopa and Funding Circle returns
  • Funding Circle to offer first and second draw PPP loans
  • SME lender warns many companies will not survive
Back To Top
  • Home
  • Contact
  • About
  • Team
  • Advertising
  • Subscribe
  • Privacy
  • T&Cs
  • Disclaimer

Follow Us on Social Media

© Peer2Peer Finance News 2020
• Additional design by