Change, a Northern Europe-based investment app, announced on Wednesday a a 782% increase in the price of its shares since the company began trading on global equity funding and trading platform Funderbeam. Change reported it listed a portion of their shares in November 2020 and as of March, more than 800 people have already invested through Funderbeam.
Founded in 2016, Change describes itself as a fintech company that is on a mission to enable everyone in the world to invest. The mobile app offers a “simple yet effective” way of trading cryptocurrencies, as well as other instruments for those within the European Economic Area (EEA). Change also previously raised €14.6 million through crowdfunding, attracting 7,000 investors. While speaking about the milestone, Kristjan Kangro, CEO of Change, stated:
“The expansive growth we’ve experienced in the past few months demonstrates the power of democratising investing. By offering shares on a platform like Funderbeam, we have made it possible for investors around the world who share our mission to be part of the world’s success.”
Change added that currently, its 2021 monthly trading volumes total more than €100 million.