SME banking platform Coconut will start a new crowdfunding campaign next week.
In Brief:
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The campaign will take place on Crowdube.
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Coconut raised £2mn crowdfunding in 2018.
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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.