Wealthify has hit its £1m crowdfunding target

We’ve hit our £1m crowdfunding target

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We’re delighted to announce that we’ve hit our £1m crowdfunding target with a week still to go.

As many of our customers and regular blog readers will know, we launched our £1m crowdfunding campaign via Seedrs back in September in order to raise capital for the next phase of our expansion plans.

The response has been phenomenal. Within 24 hours of the campaign launch we’d attracted over half the required funding, and by the time we hit our target recently, over 650 people had already invested in the business – and it’s still growing. Seedrs tell us this one of the highest ever investor responses to a crowdfunding campaign on their platform.

We know some of you will be among those investors and we want to extend a huge thank you to everyone who chose to become a shareholder of Wealthify. Your support means a great deal to us. We firmly believe that this new way of investing will play an increasingly important role in people’s long-term financial planning and the fact that so many supported us, shows the level of public confidence in our mission and business model, even at this early stage in our development.

Our efforts will now focus on using the capital raised through crowdfunding to initiate our customer acquisition and growth strategies. In the coming weeks, we will begin work on a national brand awareness campaign, as well as making plans to introduce new sales channels and extending our product range to include pensions and other types of ISAs. We’ll continue to keep you up to date on this and other exciting plans via this blog and customer communications, so watch this space.

 

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The comments and opinions expressed in this article are the author's own and should not be taken as financial advice from Wealthify.

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