We plan to raise a total of €1.3 million in a seed funding round. SeedBlink accounts for €400 000 of the total round, following investment from the lead investor, Tolaram Fintech, which is part of the Tolaram Group.
We will use the proceeds to expand the team, continue product development of our mobile app, and create a better overall user experience on the platform. We also seek to add more loan companies to list their loans onto the Income platform, launch a secondary market, and onboard more institutional investors.
” We believe our focus on safety and the simplification of the overall investment experience are keys to moving loans more into the mainstream as the leading investable alternative asset class. There is no other investment platform on the market that does what we do and it is super exciting for us to see our product within the reach of all investors. Doing an equity crowdfunding campaign allows us to raise awareness and involve investors to participate in our journey to build a world-class business and change investing in loans for good. We chose Seedblink as an up-and-coming platform due to their tech focus, and because we know how important it is to support new platforms such as them. Income is a forward-looking, industry-defining technology company that aims to reach exponential growth “, states Kimmo Rytkönen, CEO and Co-Founder of Income.
SeedBlink is the fastest growing investing platform specialized in sourcing, vetting, financing, and scaling European tech start-ups. The company aims to simplify the investment process for retail and accredited investors by combining crowd reach, business angel flexibility, and Venture Capital expertise, all in one internet platform. For more information, please visit www.seedblink.com.