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Digital Wealth Creation Fintech Platform Infinity Circle Surpasses £300,000 Funding Goal on Seedrs
Infinity Circle, a UK-based digital wealth creation fintech platform, has efficiently surpassed its preliminary £300,000 by means of its fairness crowdfunding marketing campaign on Seedrs. The funding spherical, which launched in February, has attracted greater than 175 Seedrs traders thus far.
As beforehand reported, Infinity Circle is ready to supply the “freeway” to unique alternatives in any other case solely normally accessible to the ultra-rich.
“Infinity’s imaginative and prescient is to create an ecosystem the place wealth administration meets social media in a method which is cyber safe, respects person’s privateness and anonymity; complies with the Monetary Conduct Authority’s guidelines; and may develop globally. Why? As a result of we consider that the incumbents are principally unexciting, lack transparency of their operations and pricing, and true wealth administration is presently solely accessible to a ‘completely happy few.’ How? By offering one of the best one-stop-shop INDEPENDENT and HYBRID wealth administration platform and app.”
Infinity Circle additionally reported it’s going to function a mixture of B2B (Enterprise to Enterprise) subscription price mannequin and aggressive B2C transaction price.
“All product suppliers pay the identical charges to affix the platform and guarantee no product is favoured above one other. There’s subsequently no incentive to “product push”, and the platform shall be tailor-made to facilitate the person’s self-direction if no recommendation is requested. The person could have entry to Infinity Circle without spending a dime, as there aren’t any becoming a member of charges, and the transaction prices shall be saved as little as doable.”
Product suppliers shall be charged 15,000 (GBP, USD, EUR) annual subscription price and Infinity Circle is aiming to onboard 500 such Companions. There shall be no restrict to the variety of customers the platform can serve. That is an infinitely scalable international Monetary Expertise (Fintech) mannequin.
Funds from the Seedrs spherical shall be used to develop and persevering with the event of the Infinity Circle platform. The corporate is now providing 7.53% in fairness at a £3.7 million pre-money valuation by means of the marketing campaign, which is ready to shut subsequent week.
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