The company is seeking £300,000 for eight per cent equity. The new capital will be used for new hires, marketing, technology and initial funding for a guarantee account.
The company has so far funded over £62,000.
Welendus plans to launch its platform in the first quarter of 2017 and says it will help people with short-term financial needs borrow directly from other people at a much cheaper rate with no hidden costs or...
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