Here’s why fintechs are turning to equity crowdfunding for investment

Equity crowdfunding refers to when investors, including the general public, invest in an unlisted company in exchange for shares. It’s usually facilitated through a digital platform. Recently, we’ve seen a number of fintechs leverage equity crowdfunding platforms for funding rounds — and investor interest is growing. UK fintechs GoHenry, Mondo, and Tandem all raised over £1 million ($1.3 million) using equity crowdfunding earlier this year. Revolut received £13 million ($17 million) in pledges this week before its round even opened, while Crowdcube …

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Here’s why fintechs are turning to equity crowdfunding for investment

Equity crowdfunding refers to when investors, including the general public, invest in an unlisted company in exchange for shares. It’s usually facilitated through a digital platform. Recently, we’ve seen a number of fintechs leverage equity crowdfunding platforms for funding rounds — and investor interest is growing. UK fintechs GoHenry, Mondo, and Tandem all raised over £1 million ($1.3 million) using equity crowdfunding earlier this year. Revolut received £13 million ($17 million) in pledges this week before its round even opened, while Crowdcube …

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