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Monday, May 16, 2022

Invesdor Raises €1.2 mln From Crowd

Finnish equity crowdfunding platform Invesdor raised 1.23 million euros in its own campaign, the largest crowdfunding campaign in Nordics so far this year.

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Invesdor got 316 new investors who in total own around 10 percent of the company.

The company had a flying start to its campaign on May 17 and in less than 9 hours reached the 750,000 euros it had set as a minimum target for the campaign.

The firm said the investment would strengthen its position in the maturing market which has seen a wide number of entrants in just a couple of years. “The consolidation game is starting and we are well positioned for it,” the firm said in a statement.

Invesdor’s campaign was launched just a day after its Swedish rival Fundedbyme launched its funding campaign. The Swedish rival has so far raised 948,000 euros, with 8 days to go in their campaign.

In late April also the top Nordic banking group Nordea unveiled plans to launch its own crowdfunding service.

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Tarmo Virki
Tarmo Virki
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