Ziglu, the challenger and fully FCA authorised Electronic Money Institution, have hit their funding target within 3 hours after the openning of their public crowdfunding round today. The company has raised over £1 million from 144 investors, 112% of their target raise.
Ziglu have decided to accept over-funding due to the unprecedented demand and so that more people have a chance to be part of their community. During the pre-registration phase and private launch, Ziglu has already raised £300,000.