GrowVC is a crowdfunding company that has taken a portfolio approach. Recognizing that most finance is quickly migrating online, GrowVC is targeting all aspects of internet finance from debt to equity and advisory services. Today the company has 10 different subsidiaries providing services in alternative finance.
Co-founder and Executive Chair, Jouko Ahvenainen, explained their strategy on CNBC. Noting that the UK has been the leader in both debt and equity, due to the approach by the FCA, GrowVC is now looking at Asia and the emerging ecosystems that are gearing up across the region. A big focus of their business is providing back office services.
Interestingly the CNBC hosts are a bit befuddled and revert back to Veronica Mars….