OVIVO, a London, UK-based Mobile Virtual Network Operator (MVNO), raised £150k in equity crowdfunding.
69 investors acquires a 12.5% stake in the company via Crowdcube.
The company intends to use the capital to continue the development of its product and platforms, recruit new people and expand its marketing efforts.
Led by Dariush Zand, Founder and CEO, OVIVO is a SIM only, Pay as You Go provider that gives customers free calls, texts and data each month, without the need to top-up their account or provide a minimum monthly commitment in exchance of ads about products and services.
http://youtu.be/tLgLZLiAmBo
FinSMEs
25/03/2013