London-based trading platform Coinrule secures €570K on Seedrs
By Megha Bhattacharya
UK-based automated trading platform Coinrule recently announced that its round on Seedrs has secured over 200% of its target, raising around €570K, with a valuation of around €5 million. The fresh funds will allow Coinrule to grow its team, expand into the fast-growing market of tokenized stock trading, and further democratize access to finance.
The team commented, “This gives our users, normal people and fintech enthusiasts the opportunity to support a business they believe in and in return benefit from the company’s success.” CEO and founder Gabrielle Musella also said, “Today is a big validation that our vision for financial inclusion and fair financial markets is a shared one that we, at Coinrule, promise to deliver despite any unexpected storm”.
Coinrule, founded in 2017, lets users automate investments across multiple platforms to protect the user’s funds. It aims to offer a unique tool for all non-professional traders, hobbyist investors, aspiring traders and the general public looking to manage their savings.
The company stated that this year, it has doubled its user base, grown its headcount, and now has more than ten thousand trades running on the platform every single month. The development will further its aim of democratizing access to investment opportunities through automated trading.
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