Irish fintech company Squid, known for its digital loyalty app, is preparing to launch a crowdfunding campaign aimed at raising €1.35 million through Crowdcube. This initiative is part of a broader funding strategy that targets a total of €20 million. Pre-registered investors will have early access to the campaign starting Monday. Squid's approach follows a trend among social media startups, which are increasingly inviting their users to invest in their growth. The company aims to transform how businesses reward their customers, positioning itself similarly to successful fintechs like Revolut.
Squid Loyalty is on a mission to change how businesses reward their customers—and now, you can invest in it. https://t.co/mcGEk5bTDx
Social-media startups target a new set of investors: their users https://t.co/j5FPckZV8T
Social media company Spill launches equity crowdfunding round https://t.co/tIn86fFKz1