Passion Capital, which has invested in FinTechs like Monzo and GoCardless, has opened up its latest fund to the general public.
In Brief:
The £45mn fund has been placed on crowdfunding platform Seedrs.
Private individuals will be able to back the Passion Capital portfolio on the platform.
Initially £350,000 has been allocated for investment by the general public.
What does this mean?
Crowdfunding has grown in popularity over the past few years as a way for FinTechs not only to gain capital but also gain the backing of members of the public who, it’s hoped, then become loyal customers.
You can hear more about crowdfunding on today’s webinar.
