findependent launches crowdinvestment on July 1
Fintech start-up findependent has received a further CHF 1.5 million from existing investors and is now giving the public the opportunity to invest directly in the fast-growing company for the first time. At least CHF 2 million is to be raised through crowdinvesting. The money will be used for expansion, growth and further development. The Board of Directors has also been strengthened with the addition of banking and risk specialist Matthias Moser.
The growth of findependent (known from the TV show "The Lion's Den Switzerland) has accelerated in the last six months, not only increasing the number of clients to over 12,000, but also boosting assets under management to over CHF 110 million. According to Findependent, it was able to manage this growth with its existing team. The start-up is still very lean with seven employees.
The existing investors are convinced by the development. They have therefore provided additional growth financing totaling CHF 1.5 million in recent months. This means that findependent has received CHF 3.5 million since it was founded by Matthias Bryner and Kay Foerschle and has remained independent of a bank or other companies throughout all financing rounds. "Matthias and his team continue to impress me. They work with passion and dedication to make the benefits of investing accessible to everyone," says Roland Brack, explaining his commitment. He has been an investor in findependent since 2021.
Now, for the first time, crowdinvesting gives everyone the opportunity to not only with independent but also in findependent as a company. "We want our customers to be even more closely involved in our journey and at the same time fulfill a frequently expressed wish," says Matthias Bryner, CEO and founder of findependent, explaining the decision. From July 1, 2024, there will initially be an exclusive subscription period for existing customers for 3 days. The general public will then also be able to invest in findependent between July 4 and 14. At least CHF 2 million is to be raised. "To expand our product, further develop the app and position ourselves appropriately for future growth," says Bryner, explaining the use of funds.
Matthias Moser was newly elected to the Board of Directors in order to broaden the Board's support in the context of future growth. Moser has broad and long-standing experience in the banking business, particularly in risk management. He is 61 years old and lives in Frick.
Source and further information: findpendent
