Wednesday, June 28, 2017

EUROLOAN SETS NEW CROWDFUNDING RECORD FOR FINTECH COMPANIES IN FINLAND

The share issue of Euroloan Group PLC on Privanet Group PLC's crowdfunding platform Around was oversubscribed a week early, setting a new FinTech crowdfunding record with a total of EUR 5.6 million. The focus is now on growing the business, says Euroloan Group CEO Hickson.

HELSINKI, Finland, June 28 (Bernama-GLOBE NEWSWIRE) -- Euroloan Group PLC issued new shares on Privanet Group PLC’s crowdfunding platform Around. The statutory maximum limit of EUR 4.995 million for the issue was reached on Thursday, June 8, eight days early. The subscription was at termination at 5,599,031 EUR, i.e. 377% of the minimum target of EUR 1.5 million and 112% of the statutory maximum.

http://mrem.bernama.com/viewsm.php?idm=29465

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