Last week, Crowdcube caught up with CEO of GoHenry, Alex Zivoder, who revealed why he decided to invest in the equity platform during its latest crowdfunding round. Crowdcube launched its campaign a few weeks ago and quickly raised over $6.7 million from 3234 investors. It was the first equity crowdfunding platform to launch in the UK and since its debut, the website has captured over £160 million for over 350 businesses, including GoHenry.
GoHenry, which is an application and pre-paid debit card that is designed for kids from 8 to 18 to help them learn to manage their finances, launched its Crowdcube earlier this year and secured £3.99 million, which topped JustPark that raised £3.5 million in 2015. Crowdcube stated at the time GoHenry’s campaign was the 38th deal on its platform that has raised more than £1 million.
Speaking about his investment in Crowdcube, Zivoder explained:
“As the CEO of goHenry my mission is to make the next generation of young people better at managing their money than the last. There’s a social cause to goHenry and we’re doing our part to make our society better. Crowdcube is just the same, their cause is to provide everyone with the opportunity to invest their hard earned money in businesses and causes they believe in. There are some natural synergies between goHenry and Crowdcube, we’re a platform for people who believe in a particular idea and Crowdcube provides a platform for people to put their money to support a cause, business or entrepreneur they believe in – it’s a platform that allows causes to grow and that’s something I’m eager to support.”
Zivoder added the reason why he and his team chose Crowdcube for GoHenry’s campaign was due to the fact that Crowdcube had more raises over £1 million than any other UK equity crowdfunding platform.
“Considering the amount we wanted to raise, choosing Crowdcube was the obvious choice and best fit for goHenry.”
Crowdcube’s campaign is set to close mid-August.
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