2 years ago
InvestEngine Secures £1.94 Million in Crowdfunding to Expand Platform
InvestEngine, an ETF investment platform, has successfully closed a £1.94 million crowdfunding round from 1,134 individual investors
The company plans to use the funds to expand its platform by adding features such as savings plans, workplace investing, and self-invested personal pensions
This marks InvestEngine's second successful crowdfunding round, following a previous raise of over £1.5 million in June 2022
The company, regulated by the Financial Conduct Authority (FCA), has over 25,000 accounts and more than £170 million in assets under management.
ProblemFinancial Services
"Investing can be complex, time-consuming, and expensive, especially for those unfamiliar with ETFs."
Solution
"InvestEngine provides a user-friendly, affordable ETF investment platform that simplifies the process, making it accessible to both new and experienced investors."