AltFi.com uses cookies on this website. They help us to know a little bit about how you use our website, which improves the browsing experience and marketing - both for you and for others. They are stored locally on your device. By continuing to use this site you accept this use of cookies. Go to the Privacy and Cookies page for more information. You'll see this message only once.
Not signed in. Log in here.

Your daily download of all things alternative finance and fintech, from us at AltFi


 

Invesdor doubles its equity crowdfunding platform investment in 2016 and plans to do the same in 2017




By Lisa Walls-Hester on 5th January 2017


Invesdor, the equity crowdfunding platform based in Finland announced that funds raised through its platform surpassed €25m just before 2016 ended and says it is on track to reap the same success for 2017.

 

The platform raised €7.1m of investment in 2015 and doubled that number in 2016 to €14.7m. The company says “Our goal for 2017 is to keep up with the habit of doubling investments, and reach €30m in new investments via our platform.”

 

It plans to achieve this target by focusing on bigger transactions and says “IPOs and other transactions concerning listed companies will most likely play an increasingly large part in our efforts to reach that goal, as we’ve seen the demand for digital fundraising among listed companies is growing quite nicely.” 

 

“Ultimately we want to bring both listed and unlisted European growth investments under our umbrella.”

 

The platforms rapid growth in 2016 was fuelled by its own fundraise, it secured €1.2m from investors which included its existing largest external investor. Taaleri Oyj decided to substantially increase its ownership of Invesdor during the hidden phase of the offering, bringing its ownership of Invesdor to more than 10 per cent.

 

Invesdor, founded in 2012, claims to be the largest equity crowdfunding platform in the Nordic region. It has so far expanded into the UK, Norway and Denmark. In 2015 it acquired a Europe-wide Markets in Financial Instruments Directive or “MiFID” investment firm license. The license eases the process of establishing operations in many EU countries and the company told AltFi that as well as increasing its marketing in its established markets it is also considering entering Sweden, and is actively exploring partnership opportunities elsewhere in Europe.

 

Its vision is to become the go-to-place for European growth investments through a cross-border funding ecosystem. 

Comments


Enter your name:

Enter a comment in the box below:

More like this:

Property Crowd secures IFISA success
7th December 2017
Emily Nicolle
How to succeed in PropTech
10th November 2017
Emily Nicolle
Is healthcare the next big thing in crowdfunding?
22nd November 2017
Emily Nicolle