Kogopay raises £200,000 via Crowdcube

Kogopay, a London based FinTech, has secured over £200,000 in an equity crowdfunding

In Brief:

• 281 investors took part in the fundraising on Crowdcube.

• Each received 2.01% equity at a £10mn valuation.

• Kogopay raised 100% of its target.

What does this mean?

The funding will enable the company to expand across Europe and Asia in 2020. It’s also focused on technology development, looking to use AI for a better customer experience and increased efficiency.

Read more here.