European Fintech start-up Mintos has broken crowdfunding records on Crowdcube by raising €5.3 million from nearly 5000 people in just 24 hours.
Mintos a leading alternative investment platform shattered its initial €1 million target on Crowdcube in only 15 minutes upon opening up to its community in the early access stage of the campaign.
While speaking on this development, Martins Sulte CEO and Co-Founder of Mintos said, “We are thrilled to have such a response from our community. This result is a huge endorsement of our vision and it goes to show how strong the relationship with our community is.
“We are looking forward to having our newly joined shareholders aboard and continuing our growth plans.
“However, this is just the beginning as today we are opening the campaign to the public and continuing to crowdfund.
“After such validation by our own community, we are very excited to see what the next stage of crowdfunding has in store for us.”
Since launching about five years ago, Mintos has built up a base of 340 000 investors from 90 countries and now claims to hold about 45% of investing in loans market in Europe.