In an email distributed by the platform, Invesdor notes that it has now raised “2.1 million euros in just 72 hours.”
Christopher Grätz, CEO of Invesdor, said the results so far confirm their business model:
“We want to consolidate and expand our position as a leading crowdfunding platform. Therefore, we are planning to expand into two new countries’ markets. Additionally, we want to improve the tradability of all our products.”
Invesdor is the combination of three different platforms – Finnest (Austria), Kapilendo (Germany) and Invesdor – now the main brand.
Invesdor aims to take advantage of the relatively new pan-European securities crowdfunding rules that allow issuers to raise up to €5 million across all member states.
If you invest in this funding round, you are purchasing a convertible bond with a 20% discount at the end of the term while paying 8% interest.
Invesdor states that it will use the funding to expand into other European markets, pursue new verticals and add secondary market trading.
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