OneBanx, a business aiming to offer branch banking to those underserved, has raised £1.27mn funding.
In Brief:
OneBanx is a bank branch operator that aims to offer kiosks for access to various banks.
It also aims to include as many customers as possible by having wheelchair-friendly kiosks and sign language.
The business has raised £1.27mn on Crowdcube.
What does this mean?
OneBanx exceeded its target which was just £250,000 on the crowdfunding platform, selling 9.22% of its equity.