The UK-based current account provider, Arro Money, seeks £1 million through an equity crowdfunding campaign, Crowdfundinsider reports. Arro Money stated it is on a mission to create the most straightforward current account that makes managing money easy. The company plans to target international students that need an account at the start of the academic year and need money paying in from overseas.
Funds from the campaign will be used to continue the expansion. Since its launch, the campaign has secured more than £530,000 from over 200 investors.