Wealth-tech platform Prosper opens crowdfunding to public

Wealth-tech platform Prosper has opened its crowdfunding round to the public, in partnership with Crowdcube.

The firm hit its early access target in just hours after raising over £700,000 on its mission to “disrupt the wealth industry in favour of the customer”.

Prosper suggested the crowdfunding presents a “unique” opportunity to invest alongside recognised founders, investors and operators in fintech.

Shareholders so far include founder of Monzo, Tom Blomfield, co-founder of Capital One, Matt Cooper, former COO of robo-adviser Nutmeg, Phil Bungey, as well as the founders of fintechs WorldFirst, Embark, Azimo, and Tandem Bank.

Prosper CEO, Nick Perrett, said the firm was “blown away” by the support of its investors.

“Beating our £600,000 target in just four hours, and now closing on £750,000 – before we’ve even opened to the public – is a fantastic endorsement of the team and proposition we have built, Perrett commented. “I’m excited now to open this offer to the public.”

Prosper has confirmed that supporters can invest from £118 up to £500,000, with the low threshold for investing designed to ensure as many of the platform’s customers as possible can be part of its community.



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