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Income closes €1,3 million Seed round of funding, valuing the company at €10 million
Income has closed its Series Seed funding round, led by Tolaram Fintech with participation from leading equity crowdfunding platforms Seedrs and Seedblink, with other new and existing early-stage investors. The Founder and CEO of the company also invested in the round.
The company raised €1,3 million and uses the funds to develop further and improve the product and scale its business.
“Income is well-positioned to benefit from the fast growth of Fintech lending globally. The past year has shown us that we are no longer proving a concept, but there is a demand for our product from investors and fintech partners. The growth opportunities are nearly endless. We already see established fintechs connecting with us to arrange a listing of their loans for investment,” announced Kimmo Rytkönen, CEO and founder of Income.
The funding round values Income at €10 million, post-money.
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