Crowdfunding is 'Going to Change the World,' According to Bank to the Future Co-Founder

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Co-founder of Bank to the Future, Simon Dixon, has discussed why he believes the crowdfunding model is the future, and why the economy is in better shape than the analysts say - in an interview published on Find the Edge today.

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I really believe that this is going to be a mainstream product that’s going to change the world

Bank to the Future co-founder, Simon Dixon, has said the crowdfunding model will 'change the world' in an exclusive new interview with Find the Edge founder, Kenny Goodman.

The wide-ranging interview covers a variety of topics, including the wider economy, the benefits associated with investing in companies, and how Simon came to form Bank to the Future.

The website allows businesses to pitch to investors, and receive finance from multiple sources. In doing so, the businesses can bypass the traditional methods of approaching banks or angel investors.

Discussing crowdfunding, he said: 'I really believe that this is going to be a mainstream product that’s going to change the world.

'You’re about to see an amazingly large untapped industry emerge, which will be the whole sector of assisting people in crowd funding, and assisting people in marketing to make their idea appeal to the crowd.

'You know a very large sector is about to emerge when other people start building businesses around your business, and that's started happening with Bank to the Future.'

He also discussed why he believes entrepreneurs should not be put off from acting in the current economic situation.

He said: 'Don’t get caught up in the negativity of the economy - all we’re in is a shifting economy.

'In the case of the UK over the last eight years, the money supply has literally doubled, so there’s more money out there than there has been. It’s just simply not making its way to the right places.

'We’re in a shifting time. People want to see what’s happening with their money, there’s record levels of scepticism with traditional finance and banking and there’s double the amount of money in the economy.'

The interview can be watched, listened to, or downloaded here:

Simon Dixon co-founded Bank to the Future to give businesses more control when seeking external finance. The company has been endorsed by Sir Richard Branson, and won the British Innovation of the Year award. More about him can be found here:

Kenny Goodman, founder of Find the Edge, said: "It was great to catch up with Simon and learn about how he got Bank to the Future up and running, as well as to pick his brains about the current economic situation we're facing.

"This is the first part of a two-part interview, with the second due to go live tomorrow."

Find the Edge is a business website that offers news, insight and advice designed to help business leaders.

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Kenny Goodman
Find the Edge
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