Posted on October 24, 2018 by staff

Social impact investment app bags £860k funding


New FinTech platform Tickr has raised £860,000 in seed round funding ahead of its launch.

The new social investment app, which enables people to back globally listed businesses that are committed to making positive social change, scored the funding from key figures in the investment management industry.

Tickr is launching in the App Store in the coming weeks and allows users to invest in publicly listed global businesses that are dedicated to solving key issues affecting the world today.

Companies are grouped into themes, making the app easy to use for first time investors. Tickr facilitates a growing demand amongst a new generation of investors for greater transparency, alongside a rising interest in businesses having a positive impact on the environment and society.

Tickr co-founders Matt Latham and Tom McGillycuddy both have over eight years’ experience in the investment management industry.

They founded Tickr on the belief that, firstly, investments can, and should, provide lasting positive benefits across the globe, whilst also generating impressive financial returns.

Secondly, they believe that impact investing should be accessible to everyone, not just the wealthy and large institutions.

“Our success raising £860,000 investment at the seed stage is indicative of the wider changes sweeping the investment management industry,” said McGillyCuddy.

“We’re responding to a real appetite for socially conscious investing from the next generation of investors.

“We’re confident in the power of our platform to generate tangible, positive social change across the globe, and it’s a real indicator of the strength of our proposition to have received the trust of key figures from the industry as we approach our launch.”

The company has also secured funding from SLJ Investment Partners B.V.