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Crowdstacker has passed its fundraising target of £800,000 on Seedrs, which is its first major external investment into the business.
The business peer-to-peer lender has been running a private fundraise on the equity crowdfunding platform, offering 3.93 per cent of equity.
Crowdstacker's Seedrs raise was featured in Crowdfund Insider.
Crowdstacker is planning to launch cash and stocks and shares ISAs to offer greater diversity to its customers.
Crowdstacker a UK-based peer-to-peer (P2P) lending platform, recently announced it has exceeded £50 million in funds raised for UK businesses that are featured on its portal.
Crowdstacker, a UK-based peer-to-peer lending platform, is now seeking £800,000 through its equity crowdfunding campaign on Seedrs. Founded in 2014, Crowdstacker describes itself as an award-winning FCA regulated online alternative investment platform that provides ISA eligible P2P loans, bonds, and loan notes.
"Crowdstacker is looking to raise £800,000 via Seedrs, which will be its first major external investment into the business."
"The business peer-to-peer lender has been running a private fundraise on the equity crowdfunding platform, offering 3.93 per cent of equity, and has already raised half of its target." Read the full article at P2P Finance News.
Crowdstacker has announced it will no longer charge fees on any of its investment products.
Charging fees is at odds with the transparency often associated with disruptive finance, the firm believes.
Peer to Peer business lender Crowdstacker has ditched its charge for transfers, meaning investors no longer pay any fees for using the platform.
Crowdstacker is today named "Best Crowdfunding Platform', in 2018 ADVFN International Financial Awards, which recognise and celebrate the best of breed products and services from across the financial industry, both nationally and internationally.
ADFVN.com is an online resource for private investors to monitor and track many different types of investment.
Karteek Patel, CEO of Crowdstacker, comments: "Ever since we launched, our platform has gained recognition from key industry awards for the quality of our investor offer.