Etcho, an investment screening platform, has launched a crowdfunding campaign on Crowdcube.
In Brief:
The FinTech’s app enables users to invest in companies they morally agree with.
Its target on Crowdcube is £175,000 and it’s already raised £149,075.
The pre-money valuation is £1.3mn.
What does this mean?
Etcho is aiming to empower people to tailor their investments. It currently has its MVP in development and hopes to release this during Q1 2022.
The product is built around the UN’s Sustainable Development Goals (SDGs) and is aimed at millennial and Gen Z customers primarily.
Etcho says: “Those in their 20s and 30s are the most frequent entrants to the stock market in Britain and 95% of millennials are interested in responsible investing.”
