HeavyFinance raises €3 million

HeavyFinance raises €3 million

European investment platform HeavyFinance has raised 3 million euros in a seed funding round. The company will use the capital injection to drive an expansion within Europe. It will also add new sustainable finance options to the platform.

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Wefunder launches in the Netherlands

Wefunder launches in the Netherlands

Equity crowdfunding platform Wefunder has opened an office in Amsterdam, the Netherlands. The company has already received the ECSP license. The platform is now able to offer its services in Europe.

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Trade volumes on Secondary Markets are down dramatically

Trade volumes on Secondary Markets are down dramatically

While tech companies have historically received high valuations, company shares have been traded below asking price on secondary markets lately. According to secondary markets platform Forge Global, the gap between asking price and bids is currently 22 percent. This has resulted in a dramatic decrease in trade volume.

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P2P platform EvenFi raises 2.2 million euros

P2P platform EvenFi raises 2.2 million euros

EvenFi, a peer-to-peer investment platform from Italy, has raised 2.2 million euros. The startup will use the investment for further growth as well as product development. The funds came in part from its own investor community.

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Trade Republic introduces 2% interest on cash

Trade Republic introduces 2% interest on cash

German trading app Trade Republic is giving all of its customers a yearly 2 percent interest on their cash balance. It is calculated in real time and deposited each month, enabling users to accrue compound interest. The interest applies to cash balances up to 50,000 euros.

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