A global business-to-business crowdfinancing platform, Investly, that helps companies finance their growth and development by enabling both private and institutional investors to provide business loans on an online platform, has been launched in Estonia.
According to the company, Investly’s investment process is conducted through a reverse auction process, whereby all investors are allowed to make bids on the investment. As a result, the final winning interest rate is determined and then the financing agreement is made. All investment opportunities offered have undergone a thorough pre-screening process, including business plan validation, financial analysis as well as credit evaluation.
The first investment opportunity on Investly platform has already gone live.
To accelerate the development of the service, Investly will be participating in the BusinessTech accelerator run by Startup Wise Guys – a technology accelerator with a global reach based in Tallinn, Estonia.
Cover photo: Investly’s CEO Siim Maivel presenting the company in Tallinn.