The Hague-based NPEX BV, a secure platform that enables companies and investors to trade securities, announced on Friday that it has raised €2M in a fresh round of funding.
This round was led by existing investors, including CEO Mark van der Plas. With a share of just under 10 per cent, Icecat Capital, the financial arm of Icecat NV, has also joined this round as a new investor.
Capital utilisation
NPEX says it will use the funds for the platform’s growth moving forward and open up more opportunities for SMEs.
Entrepreneurs and investors come together on the NPEX stock market for funding, impact and financial gains. As a result, SMEs get the chance to collect money through the issuance of bonds and depositary receipts for shares.