FinTech Magazine - January 2022 | Page 135

TECHNOLOGY

“ CROWDFUNDING FOR A FINTECH HAS AN ADVANTAGE I DID NOT EXPECT ; AN INSTANTLY- ENGAGED FANBASE OF OVER 1,000 PEOPLE ”

HARRIS SCHACHTER CO-FOUNDER AT LENDGROW
UK - an excellent location since it offers a well-developed financial services industry , large GDP per capita , and a receptive regulatory jurisdiction .
The company raised £ 640,000 on Seedrs in 2018 , and the stock is still available on the secondary market . Its primary service is invoice finance , and it has helped to fill the gap in cash flow financing available to small businesses caused by the financial crisis .
" I like them because of the sector they operate in , their tech is good from what I can see , and they have that essence that a lot of
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