The Start-Up

How Beam is using crowdfunding as a force for good

Leah Montebello talks to Alex Stephany about how his friendship with a homeless man led him to create a crowdfunding platform to support those on the streets

Wednesday 20 October 2021 21:30
Comments
<p>Beam founder Alex Stephany befriended a homeless man and is helping more into work </p>

Beam founder Alex Stephany befriended a homeless man and is helping more into work

The idea for Beam, the world’s first platform to “crowdfund” training for homeless people, came after Alex Stephany became friends with a homeless man outside London’s Archway station. The man had been out of work for “longer than he could remember” and saw no way out.

In contrast, Alex had recently left his role as chief executive of JustPark, Europe’s biggest parking app, at which he had led its largest crowdfunding round, raising £3.7m from the public.

The pair exchanged life stories and Alex would buy him coffees and warm socks in the winter until, one day, he disappeared…

Join our new commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged in