TheCarCrowd
Information by Research TrustFinance
Founded in 2018, TheCarCrowd aims to make the ownership of desirable cars accessible to a wider audience through a fractional investment model. The company sources collectible vehicles and creates a separate UK limited company for each one. Investors can then buy shares in that specific company, effectively owning a stake in the car. TheCarCrowd manages the vehicle's storage, insurance, and maintenance, and when the car is eventually sold, the net proceeds are distributed among the shareholders. The platform is an Appointed Representative of Kession Capital Limited, which is authorised and regulated by the UK's Financial Conduct Authority (FCA).
United Kingdom
Industry
- FundraisingPRIMARY
- Other Service
Financial