Invstr 1m series azevedotechcrunch
Invstr 1m series azevedotechcrunch, a UK-based fintech company, recently announced the completion of its 1M Series A funding round led by Azevedo, a Portuguese family office. The investment will be used to expand Invstr’s financial education and investment platform, which aims to make investing more accessible and engaging for everyone.
The Investment Round
The 1M Series A funding round was oversubscribed and saw participation from existing investors, including FinTech Collective, as well as new investors such as Azevedo. The round brings Invstr’s total funding to $8.2 million. The company plans to use the investment to expand its platform’s capabilities and reach. Invstr’s app provides financial education and investment tools to help users learn about investing and make informed decisions. The app offers features such as a virtual trading simulator, educational content, and social networking for investors.
The Future of Invstr
Invstr’s CEO, Kerim Derhalli, stated that the company plans to use the investment to expand its user base and develop new features for the app. The company aims to reach a wider audience and provide more personalized investment advice. Derhalli also noted that the investment from Azevedo is a significant milestone for Invstr. He stated that Azevedo’s expertise in finance and technology will be invaluable in helping Invstr achieve its goals.
Invstr’s 1M Series A funding round is a significant milestone for the company as it looks to expand its platform and reach a wider audience. The investment from Azevedo will help Invstr develop new features and provide more personalized investment advice to its users. With the support of its investors, Invstr is well-positioned to continue its growth and make investing more accessible and engaging for everyone.