If you've been following us over the last couple weeks, you will have heard us talking quite A LOT about our crowdfunding campaign. With the support Seedrs and each and every one of our 118 investors, KANKAN has raised just over £328,000 meaning we've hit 94% of our total funding! In honour of this occasion ... we've answered some your most frequently asked questions about KANKAN's crowdfunding from who can invest? To why we're seeking investments?
What kind of crowdfunding are you doing?
Equity crowdfunding so you will own shares in our business, meaning there is the potential for your investment to grow as we grow!
What is Seedrs?
It is a reputable UK crowdfunding platform we have chosen to use. They've helped raise funds for many reputable and successful brands we admire -such as Oddbox and Allplants.
Why do you need investment?
We are launching 10 new products that covers the full bathroom including haircare. PLUS we've designed a new innovative dispensing system to make using KANKAN unique, easy and gorgeous to use. PLUS we need capital to scale the wholesale arm of our business.
But it looks like you are on your way to hitting your targets - do you need my investment?
Yes we really do! Our hope is to go into 'overfunding' whereby we give away even more equity in exchange for more investment to help accelerate our growth. With more investment we can do more.
How much can I invest?
You can invest from as little as £15 up to the full amount we are raising. You can pay by credit or debit card and choose to stay anonymous.
Who can invest?
You have to be 18+ and be a resident of UK, Europe or any other country supported by Seedrs. To invest you need to open an account with Seedrs and be verified to be able to invest. It only takes a few minutes we promise!
What happens when the campaign ends?
Seedrs will take care of all the admin on your behalf. You will receive an electronic share certificate confirming you are officially an investor in KANKAN. You will be kept up to date in the same we do with our existing shareholders, with regular updates and progress reports.
If you want to learn more about the story of how KAKKAN started and what we have planned for the future then check out Co-Founders Mary and Eliza's live Q&A in which they answered even more questions about all things KANKAN.
*Capital at risk. Approved by Seedrs.