Funding Cellular App Wombat Make investments Surpasses £250,000 By Seedrs Marketing campaign

Wombat Make investments, a UK-based funding app, has efficiently secured its preliminary £250,000 fairness crowdfunding goal on funding portal, Seedrs. The corporate is at present providing 9.07% in fairness by means of the funding spherical, at a £2.5 million pre-money valuation. The newest crowdfunding marketing campaign comes lower than two years after the corporate raised £210,000 from greater than 490 buyers on Crowdcube.

As beforehand reported, Wombat Make investments permits buyers to commerce at no cost in corporations that match their existence, pursuits, and beliefs. The corporate’s mission is to empower generations to handle, save and develop their cash in addition to breaking down boundaries that forestall folks from investing. Customers might select from 16 themed funds, which embrace ‘The Social Media Guru,’ ‘The Foodie,’ and ‘The Inexperienced Machine.’ Buyers might also auto-invest a specific amount every month and/or use a round-up operate linked to a checking account.

“Wombat makes investing simple. Open a FREE account in minutes and get began with simply £10. Select from a variety of rigorously chosen themed funds that features firms akin to Netflix, Google, Tesla, and Amazon.”

Wombat additionally famous that since launching in Summer season 2019, the cell app has attracted greater than 5,000 customers and has joined the Natwest Accelerator Fintech Program.

Funds from the Seedrs marketing campaign shall be used for the next:

• Person acquisition: Wombat will proceed to construct our buyer base and fulfill its progress technique with a big enhance in advertising and marketing spend to drive buyer progress.
• Product Growth: Elevated app growth spend to cater for the next;
  • Referral program to additional drive buyer progress and funding on the platform.
  • Promo codes by means of advertising and marketing partnerships
  • On the spot Funds: Integration with Apple and Android pay.
  • New Funds: Launching a variety of further themes within the Wombat portfolio.
• Buyer Expertise – Proceed our mission to teach our prospects about investing and develop our neighborhood of first-time buyers.

The marketing campaign is ready to shut on the finish of March.