(The Romania-Insider)
iFactor, a Romanian fintech that aims to democratize SME lending, has raised close to EUR 700,000 in an equity crowdfunding campaign on the London-based equity crowdfunding platform Seedrs. The Romanian startup was aiming to get EUR 625,000 for 15.2% of its shares at a valuation of EUR 3.9 mln for the whole company.
Romanian venture capital fund ROCA X, part of the local Impetum Group, led the financing round with an undisclosed investment.
