Mintos, a multi-asset investment platform, has announced the closure of a remarkably successful crowdfunding campaign via Crowdcube.
According to FinTech Finance, the campaign drew an impressive €3.1m from over 3,300 backers in just two weeks, marking it as the second largest of its kind in the EU this year.
The funding round commenced with a bang, as Mintos reached its initial €1m goal within the first 40 minutes, indicating robust investor enthusiasm. The momentum didn’t wane, as the campaign saw consistent participation from across Europe, culminating in the substantial €3.1m total.
As a company, Mintos stands out by offering a blend of alternative and traditional investment assets, making it a unique player in the FinTech sector. This approach not only diversifies investment options but also broadens the appeal to a variety of investors.
The newly acquired funds are earmarked for several ambitious projects. Mintos plans to leverage this investment to broaden its footprint across the European Union, roll out new product offerings, and enhance its platform to improve user experience and functionality.
The successful campaign adds another feather in Mintos’ cap, complementing its previous crowdfunding achievements. Notably, in 2020, Mintos attracted €6.5m from 6,100 investors, underscoring the enduring trust and support of its investor community.
Mintos CEO Martins Sulte expressed his appreciation for the community’s support, “We are thrilled with the incredible response to our crowdfunding campaign. The rapid success of the campaign underscores the strong confidence and support of our investors in Mintos’ vision and growth potential.”
Crowdcube Co-CEO Matt Cooper also shared his thoughts, “Mintos’ successful crowdfunding campaign highlights the strategic value of engaging the community and transforming customers into owners. We’re proud to have played a part in Mintos’ journey and look forward to seeing their continued growth.”
Previously, Mintos had already demonstrated significant fundraising prowess, with a notable €6.5m raised through a prior crowdfunding effort in 2020.
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