Coinrule, an automated trading platform, recently announced that its round on Seedrs has secured over 200% of its target, raising around €570K, with a valuation of around €5 million. The fresh funds will allow Coinrule to grow its team, expand into the fast-growing market of tokenized stock trading, and further democratize access to finance.
Founded in 2017, Coinrule lets users automate investments across multiple platforms to protect the user’s funds and catch the next great market opportunity without having to learn a single line of code. In other words, it’s a unique tool for all non-professional traders, hobbyist investors, aspiring traders and the general public looking to manage their savings.
2020 has been a phenomenal year for Coinrule, having more than doubled its user base, grown its headcount, and now has more than ten thousand trades running on the platform every single month.
Democratizing access to investment opportunities through automated trading is their mission, and ties nicely into their recent crowdfunding round. The team commented that this “gives our users, normal people and fintech enthusiasts the opportunity to support a business they believe in and in return benefit from the company’s success.”
CEO and founder Gabrielle Musella went on to say: “Today is a big validation that our vision for financial inclusion and fair financial markets is a shared one that we, at Coinrule, promise to deliver despite any unexpected storm”.