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UK Challenger Bank Mondo Crowdfunds £1M In 96 Seconds

Demand for equity investment in the bank was so strong it crashed Crowdcube’s servers on 1 March when the campaign was initially launched.

Demand for equity investment in the bank was so strong it crashed Crowdcube’s servers on 1 March when the campaign was initially launched. Mondo capped investment per person at £1,000 in an attempt to allow as many people as possible to invest in the company. This resulted in 1861 people investing an average of £537 in order to share proportional slice of the offered 3.3% equity share in the startup.

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challenger bank, uk