Investment app, tickr, is today launching its crowdfunding campaign on leading investment platform Seedrs.
Funds raised will be used to accelerate user acquisition, while building several new features including a visual newsfeed giving users an interactive overview of the companies in their portfolio and the work they are doing to make an impact on the world.
tickr’s user statistics demonstrate the scale of appetite for disruption in the investment market; 40% of users are women, while 90% of users are between the ages of 25 and 39, and 65% are first-time investors entirely.
The campaign kicks off at a time of rapid development for tickr, which marked its formal launch into the market in December 2018 on iOS, with Android following in February 2019. Initial funding of almost £1 million came from a range of investors including Dutch VC firm SLJ Investment Partners B.V in summer 2018, who said “the technology has the power to be an insightful force for good within the financial services industry, and appeal to a whole new generation of investors.”
tickr was recently named as one of Tech Nation’s 2019 10 rising stars and one of the world’s most innovative companies by WEALTHTECH 100.
The tickr team has expanded to 11 full-time members, with offices in London and Liverpool.
Commenting, tickr co-founder Tom McGillycuddy said: “Millennials are twice as likely to invest in a portfolio that reflects their values and beliefs, but it’s still the wide held view that investing into companies doing good and promoting change in the world is difficult or even impossible. tickr was built to smash this perception by providing a simple and forward-thinking way to invest in truly transformative companies combating social and environmental injustices, while potentially earning strong returns on their cash.
“We’ve been amazed with the uptake so far and we’re confident this crowdfunding campaign will take us one step further in realising our ambitions.”