Environment-focused investing app tickr said to raise £2.5m in funding

tickr, which enables consumers to invest into positive social and environmental change, has reportedly raised £2.5m in a funding round.

UK venture capital firm Ada Ventures supplied the capital, according to a report from Business Cloud.

This capital injection will enable the company to bolster its team, accelerate its product roadmap and further its customer growth.

tickr is an investment platform that enables consumers to grow their money while backing companies that have positive social and environmental change.

tickr co-founder Tom McGillycuddy told Business Cloud, “We believe that within the next 5-10 years ‘impact investing’ will just be called ‘investing’. It’s the only way our generation wants to invest, and because of that they’re driving industry-wide structural change. We think this change has only just started, and within the next few years it will completely transform financial services and how people think about their money.”

The FinTech raised £860,000 in its seed round of funding. Investors included SLJ Investment Partners B.V. and a number of unnamed key figures from the investment management industry.

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