Celsius Network, a London, UK-based interest-earning platform, closed its $18.8M equity funding round.
This round has been raised through BnkToTheFuture, an online investment platform for investing in FinTech & crypto companies, and other investors.
Led by CEO Alex Mashinsky, Celsius addresses the financial needs of today’s consumers worldwide through a high-interest income and low-cost loans accessible via a mobile app. It is a Blockchain-based no-fee platform.
Celsius has previously announced that it has raised $10m from www.Tether.to at a $120m pre money valuation and further decided to give its community access to Celsius’ equity via BnkToTheFuture. Qualified investors were able to participate in their equity round with as little as $1,000.