10 March 2020

Wombat Invest launches cannabis investment fund

Written By FinTech Alliance in Investor Solutions

Wombat Invest launches cannabis investment fund

Thematic micro investing app Wombat Invest has launched a fund around cannabis.

In Brief:

  • Wombat allows users to invest in funds based on their lifestyle, interests and beliefs.

  • Users can invest in the cannabis fund starting at just £10.

  • There are 18 other themed funds including “the social media guru” and “the foodie”.

What does this mean?

This is the first fractional investment platform to offer access to the emerging medical cannabis sector.

Kane Harrison, CEO, said: “We know from our own customers that demand for exposure to the sector is high and so we’re particularly proud to able to increase accessibility by setting entry to our fund at just £10.”

Read more here.

 

Up Next ...
17 December 2024

Nubank Leads $250 Million Investment in African Digital Bank Tyme, Valuing It at $1.5 Billion

The funding will support Tyme's expansion into Southeast Asia, including Vietnam and Indonesia, as it aims to become a top retail bank in South Africa within three years....

17 December 2024

FIS Reportedly Set to Acquire UK-Based Fintech Demica for Around $300 Million

The acquisition is expected to enhance FIS's portfolio, following its recent purchase of San Francisco-based Banking-as-a-Service fintech Bond.

17 December 2024

AHAM Capital, leading asset manager in Malaysia, selects Temenos Multifonds SaaS to modernize its fund accounting platform

AHAM Capital is replacing legacy, on-premises systems with Temenos Multifonds Global Accounting on SaaS to drive scalable automation and future growth in the Malaysian ma...

16 December 2024

Astra Tech’s Quantix Secures $500 Million for Regional Expansion

The funding will drive the growth of its consumer lending platform, CashNow, and improve its Ultra app ecosystem

More in Investor Solutions

London Stock Exchange invests in private markets business Floww

16 March 2022

The London Stock Exchange has made a strategic investment in ...

UK’s Robinhood rival Freetrade raises $69mn 

23 March 2021

Freetrade, a stockbroking platform, has raised $69mn Series B funding. In ...

Public raises $65mn from Tony Hawk, others  

16 December 2020

Social investing app Public has raised $65mn Series C funding.   In Brief:  ...

Posted By The Community

Finding The One: How important it is to find the right investor for your start-up

10 August 2020

Covid-19 has the start-up community in a frenzy. Funding rounds plummeted by 22% in March, valuation...

Written By: Globacap

There are no Knowledge Bank in this category

There are no Events in this category