This contains our press releases, blog posts and selected external articles about Coop Exchange
Fintech platform start-up Coop Exchange has hailed the completion of its pre-seed funding round as “a significant milestone“ which underscores its “potential as a major disruptor in co-operative and sustainable finance”. The funding round saw the venture reach a £10m valuation, with Canadian insurer Co-operators leading the investment with a contribution of over CA$2m, acquiring a 12.4% stake.
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We were also honoured to be joined by Jean Louis Bancel, former president of France’s Crédit Coopératif and of Co-operatives Europe. Jean Louis spoke about different structures for our research to explore, including Coop Exchange, a mobile app that allows anyone in the world to invest in coops.
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A stock exchange is a place where the public can buy and sell securities, such as shares of stock, bonds and other financial instruments. What if there was such an exchange specifically for co-operatives? This was a question Stephen Gill began to think about last year: how can you grow the number of co-ops, while at the same time putting the ability to generate wealth into the hands of those who need it most?
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