UK crypto app Ziglu is closing in on raising 拢3m in their latest Seedrs crowdfund campaign after smashing their initial target of 拢1m in just 81 minutes.
Ziglu was launched in 2018 by Starling Bank founder and CTO Mark Hipperson and its technology gives customers easy and insured access to cryptocurrencies.
Ziglu has proved popular with investors as it鈥檚 one of the few FinTechs that builds its own cloud banking platform.
Their technology provides customers with a current account that enables them to instantly and competitively buy, sell, hold, send and spend both digital and traditional currency.
Ziglu also plan to launch euro accounts with market-leading FX rates.
The tech firm’s previous crowdfund campaign on the Seedrs platform in September 2020 had a target of 拢1m but raised more than 拢6m from 1,245 investors and was oversubscribed within three hours.
Their latest target was to raise 拢1m but the current total stands at 拢2,871,580 from 984 investors with 21 days left.
On Twitter Ziglu posted: 鈥淲e鈥檙e blown away by the support and incredibly excited about the future.鈥�
We reached our target of 拢1M on Seedrs in just 81 minutes, gaining 500+ a day later… and now we鈥檝e just passed our next milestone of 拢2M, only three days after launching our crowdfund!! 馃殌
We鈥檙e blown away by the support and incredibly excited about the future! 馃ぉ馃コ鈥� Ziglu (@ZigluMoney)
Ziglu has raised a total of 拢12m to date and was the largest Seedrs equity campaign in 2020.
It鈥檚 been a good week for the award-winning company as they鈥檝e just been chosen to be part of Tech Nation鈥檚 FinTech 4.0, which is an exclusive network of high growth UK FinTech companies.
Crowdfunding