September 4, 2019 - No Comments!

Crowdfunding: an update

Just a quick update from our Seedrs campaign...

Last month, Paperclip launched it's very first crowdfunding campaign on Seedrs to top-up our existing investment round. Our target was £300,000 and 200 investors. Within a few days, we had already surpassed the £250,000 mark with 250 new investors from all over the world wanting a piece of the action!

A former professional Australian Rules Football Player, a board member at Lamborghini and the owner of a bank in the Middle East all reached out to us and secured their shares in one of the NatWest #PowerUp top 50 startups of 2019.

We then reached out to our own users to see if they wanted to own a slice of their favourite online marketplace. It didn't take long for our inbox to light up with scores of traders looking for more information on their next investment.

seedrs, paperclip, crowdfunding
4th September 2019: we're almost there!

Speaking about the campaign, our CEO Rich said, "We are delighted with the volume and calibre of our new investors this round. This round will allow us to broaden our UK market share from 30 universities to 70, adding significant depth to our userbase. Furthermore, it's a fantastic opportunity for us to strengthen and rollout our propositions for schools and corporates, and trial a new entry into some new markets such as India with our new growth partners. Our platform design and infrastructure has been overhauled over the past year, and this hard work - along with a newly introduced payment gateway - will help our open marketplace start to challenge incumbents. Overall, this is an incredibly important stepping stone on our road to making Paperclip a household name over the next few years, and the team could not be more excited."

Get involved!

There's still time to invest in the UK's leading marketplace provider. Head to our Seedrs page to get started today.

Published by: Paperclip HQ in News

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