Dutch Crowdfunding Platform Lendahand Set to Shut Seedrs Marketing campaign With Extra Than €1.1 Million Raised

Lendahand, a Netherlands-based for-profit crowdfunding platform for influence investing, is ready to shut its fairness crowdfunding marketing campaign on Seedrs with greater than €1.1 million secured from over 620 Seedrs traders.

As beforehand reported, Lendahand describes itself as a for-profit firm that’s on a mission to eradicate poverty everywhere in the world utilizing crowdfunding. The platform provides traders in Europe the change to spend money on individuals and companies in rising markets that would not have entry to the capital they desperately must perform.

“By offering debt financing to SMEs and monetary establishments which have robust observe data and confirmed enterprise fashions, we’re in a position to assist their companies succeed and develop. In consequence, they’re in a position to create new jobs and enhance their native economies.”

Lendahand additional defined that it was created to make use of influence investing as a means to assist carry individuals out of poverty.

“Lendahand was based to make use of influence investing as a means to assist carry individuals out of poverty. By enabling small companies and entrepreneurs to be the drivers of their native economies, we’re making a sustainable answer that goes past charitable giving.”

Funds from the Seedrs spherical can be used for the next:

• Broaden funding portfolio: Including to its funding crew, introducing AI-based “Algo-lending” into its acquisition processes, increasing its “Co-financing” operations, introducing native forex, and USD investments into its portfolio.
• Scale-up investor progress: Including to its internet growth crew, increasing into the Nordics & Germany, together with new model consciousness initiatives within the Netherlands & Germany.

Lendahand is now providing 5.41% in fairness at a €17,499,842 pre-money valuation by way of the marketing campaign.