Coconut to launch crowdfunding campaign  

June 10, 2020 | Crowd Funding

Written by FinTech Alliance

 Coconut to launch crowdfunding campaign  

SME banking platform Coconut will start a new crowdfunding campaign next week.  

In Brief:  

  • The campaign will take place on Crowdube.  

  • Coconut raised £2mn crowdfunding in 2018.  

  • The company has placed its pre-money valuation at £12mn.  

What does this mean?  

Coconut originally planned its crowdfunding for March 2020 but decided to hold off due to the uncertainty surrounding Covid-19. In the blog post that announces the crowdfunding, Coconut discusses its ‘vision’ for the future and states its continued commitment to support freelance workers.  

Read more here.  

 

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