Picture credit: Change
Amsterdam-based Change, a cryptocurrency platform for retail buyers, introduced on Friday that it has secured €2M in funding from Switzerland-based non-public fairness agency Andromeda Capital Companions Suisse AG.
The Estonian-born firm says it would use the funds to cement its place available in the market.
In 2021, the corporate raised €3.7M in crowdfunding from 50 non-public buyers at a €175M valuation.
Change: What you want to know
Based by Kristjan Kangro (CEO) and Gustav Liblik (CPO) in 2016, Change is a Dutch-Estonian community-driven investing platform that’s on a mission to ‘take away the boundaries and complexities to wealth creation’.
Thus far, the corporate has raised over $21M (roughly €18M) in funding backed by over 7,000 non-public buyers.
Roger Prepare dinner, former world CEO of DHL, and Hans van der Noordaa, former CEO of the Retail Division of ING Financial institution and Chairman of the Supervisory Board of Deloitte Netherlands, additionally again the corporate.
Final yr, the corporate acquired a brand new Dutch license that may allow it to supply providers with conventional and new-age monetary belongings all through the EU.
Change Group, the mother or father firm, acquired approval from the Dutch Central Financial institution (DCB) to supply its monetary providers to the 453M folks dwelling within the European Financial Space.
Because of this, the Dutch firm ramped up its funding choices, together with shares, shares, exchange-traded funds (ETFs), and even commodities, in addition to its established crypto and DeFi merchandise.
Change goals to make investing and wealth creation easy, inexpensive, and accessible with a variety of conventional and new-age digital monetary belongings.
