Eversend secures US$1m investment from equity crowdfunding on Seedrs

Eversend launched its Seedrs campaign targeting a raise of EUR550,000 (US$613,000) in return for 7.67 per cent equity but ended up raising substantially more. In the end, the startup raised EUR897,000 (US$1.015 million), valuing the business at EUR6.6 million (US$7.4m). Founded in 2017, Eversend also provides multi-currency wallets and currency exchange that allows one to exchange, spend and send money at the best possible rates. It plans to offer personal loans, savings, group savings, merchant payments and investments in the future. Available on Android and iOS, the startup has over…

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