Intergreatme is a regtech startup from South Africa, which recently closed its equity crowdfunding campaign on Uprise.Africa after securing $2.19 million (ZAR32.436 M) from 406 investors.
The startup developed a web and mobile app platform that revolutionizes onboarding for businesses and has digitized personal information for more than 25 million credit-active people in South Africa.
Integreatme took to Uprise.Africa on May 17 with a goal of raising $1.67 million for 20% equity in its shares. In six days, the campaign received $1.98 million (ZAR28.5 m) from 169 investors.
It closed the campaign shortly after hitting the ZAR32 million mark, but in return, it forfeited 25% of its equity to the investors. Integreatme says the money raised will be put towards creating a self-service platform for SMEs and adding more features and functionalities to its mobile app.
Some of the new features and functionalities said to be currently in work includes a digital affidavit, QR information sharing, driver’ license, digital ID, and trusted connections.
Three years ago, Intergreatme was started with a purpose to solve a real problem that affects millions of people in South Africa and billions …read more