Cashboard, a Berlin, Germany-based curated marketplace for retail investment, secured a €3m in Series A funding.
The round was led by Digital Space Ventures, with participation from Redalpine Capital, Earlybird, 500 Startups and a number of renowned business angels.
The company intends to use the funds to continue to expand operations.
Co-founded in 2014 by CEO Robert Henker, Marius Schulze, Stephan Henker and André Holdschick, Cashboard provides clients with diversified portfolios selected from more than 6,500 financial products from over 100 different providers.
As a first in the retail investment space, the company’s portfolios include novel investment products like P2P lending or equity crowdfunding alongside traditional products such as daily deposits and ETFs.