Cringle looking for ‘new money’ through second crowdfunding campaign
Summary
Since launching the second equity crowdfunding campaign, Cringle, which is currently valued at 6 million euros, has already raised €175.500 from 288 investors, called . This successful equity crowdfunding campaign, back in 2016, completed Cringle’s financial goal 200% ahead of their target, thanks to more than 1400 . Cringle, a German FinTech start-up founded in 2014, used the investment to further develop their mobile payment solutions and is currently a reliable partner for many banks and app providers in Europe. Well-known investors, Axel Springer, Yabeo Capital and Michael Brem are among Cringle’s strategic funders. Since launching over 3.5 million euros have been sent via Cringle, with a monthly growth of more than 10%, the FinTech-platform seeks to establish itself as Europe’s leading provider of mobile payments between private individuals.