August 12, 2015

Invesdor raises EUR 1 million to launch its European expansion

Invesdor is a Helsinki-based financial technology (fintech) company that runs a pan-European debt and equity crowdfunding service.
Invesdor is a Helsinki-based financial technology (fintech) company that runs a pan-European debt and equity crowdfunding service.
Invesdor

The Finland-based, licenced equity and debt crowdfunding platform Invesdor has raised a million euro crowdfunding round through its own service. The round had all together 143 investors from 16 different countries. Invesdor is using the funding and its EU licence to expand into other European markets. 

“There are currently no truly cross-border platforms in the European crowdfunding market. We aim to be the number one source of European cross-border deal flow for investors around the world,” says co-founder and CEO Lasse Mäkelä.

Mäkelä, an ex-Merrill Lynch investment banker, sees crowdfunding as a fairly straightforward digitalisation of the tried-and-true fundraising process.

“We have simply removed inefficiencies from the old process and made the deals more transparent, efficient and accessible to the public,” he says. “The one major element in the crowdfunding model, and fintech in general, is understanding the regulation. It is a hurdle we are confident we have crossed.”

The transaction sizes in North European equity crowdfunding have spiked since the Finnish financial supervisory authority made equity crowdfunding a regulated activity and granted Invesdor the first operating licence.

Invesdor is the first European crowdfunding platform to have been granted a MiFID licence for investment advice, reception and transmission of orders, and placing of financial instruments. The breadth of the licence will make it possible for Invesdor to not only accept investments from international investors but also to organise funding rounds for companies from anywhere in the EEA. 

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