The fintech start-up is raising £500,000 through Seedrs. The money will support its mission of making impact investing accessible and affordable for all.
Impact investment app tickr has launched a £500,000 crowdfunding campaign.
The firm launched in December 2018 with Initial funding of almost £1m coming from a range of investors including Dutch VC firm SLJ Investment Partners B.V. The tickr team has now expanded to 11 full-time members, with offices in London and Liverpool.
It aims to disrupt the self-directed investor market by specifically funneling younger and new investors towards ‘impact investing’.
The round, which went live on Seedrs today, will raise funds to accelerate user acquisition and building several new features including a visual newsfeed.
It boasts a young and diverse users base with 40 per cent of users women and 90 per cent of users are between the ages of 25 and 39, and 65 per cent are first-time investors entirely.
Tom McGillycuddy, co-founder of tickr, says millennials are twice as likely to invest in a portfolio that reflects their “values and beliefs” but many believe this is at odds it’s still the wide held view that investing into companies doing good and promoting change in the world is difficult or even impossible.
“Tickr was built to smash this perception by providing a simple and forward-thinking way to invest in truly transformative companies combating social and environmental injustices, while potentially earning strong returns on their cash.”
“We’ve been amazed with the uptake so far and we’re confident this crowdfunding campaign will take us one step further in realising our ambitions.”
You can view the campaign here