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.



Share Story:

Recent Stories


FREE E-NEWS SIGN UP

Subscribe to our newsletter to receive breaking news and other industry announcements by email.

  Please tick here to confirm you are happy to receive third party promotions from carefully selected partners.


Helping the credit challenged get mortgage ready
A rising number of borrowers are finding it harder to access mortgages due to being credit challenged - whether that’s from historic debts, a county court judgment, or having little to no credit history.

In the latest episode of the Mortgage Insider podcast, Phil Spencer is joined by Eloise Hall, Head of National Accounts at Kensington Mortgages, and Alastair Douglas, CEO of TotallyMoney.


Inside the world of high net worth lending
The mortgage market continues to evolve, and so too does the answer to the question: what is a high net worth individual in today’s market? In this episode of the Mortgage Insider podcast, host Phil Spencer is joined by Stephen Moroukian, Head of Product and Proposition for Real Estate Financing at Barclays Private Bank, and Islay Robinson, founder and CEO of Enness Global. Together, they explore what brokers really need to know when supporting high net worth individuals.

The future of the bridging industry and the Autumn Budget
MoneyAge content editor, Dan McGrath, is joined by head of marketing at Black & White Bridging, Matt Horton, to discuss the bridging industry, the impact of the Autumn Budget and what the future holds for the sector.