Ikigai Invest secures £1.9m through a Crowdcube campaign to expand its fintech platform.
The Crowdcube campaign overfunded by 158% and attracted 1,731 new investors.
Ikigai Invest operates a digital banking and wealth management application tailored for young and affluent users in the United Kingdom. The platform combines everyday banking with investment services.
Ikigai Invest has secured £1.9m through a successful Crowdcube campaign, exceeding its initial target by 158%. The fresh capital follows a previous £2.2m pre-seed raise and brings total funding to date to £4.1m.
The proceeds will be directed towards expanding the team and accelerating the company product roadmap, which includes integrating advanced financial technologies and new digital banking features. The campaign attracted 1,731 new investors and coincided with the launch of stocks and shares ISAs under the wealth product tier.
From the founder
"The success of the Crowdcube campaign has demonstrated an appetite to align premium financial services with the digital world, especially when it comes to combining everyday banking with Wealth management. The one-size-fits-all does not resonate for the growing number of young people who are seeking a financial partner where they feel valued and heard. This demographic is demanding a certain level of experience from its bank; one that educates on the purpose of wealth management in a safe, technologically secure, and practical manner – without compromising on the high tech and high touch personalised service."
Maurizio Kaiser
co-founder at Ikigai Invest
Use of funds
- 01Grow the team
- 02Continue product development
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About the company
Ikigai Invest
Ikigai Invest combines premium digital banking and wealth management into a single mobile application.