readfy | Updates

By Miriam Behmer

Readfy Completes Another Financing Round


Dear Companists,

Following the BLSW fund investment in mid-January, we from readfy gained a new investor with the KfW banking group. This means the total investment amount raised this year has reached 1 million euros.  The special thing about the KfW banking group's investment is that it is an investment in the conventional sense as opposed to usual promotional loans granted. 

Throughout our entire financing campaign, 1 million euros was the goal we were aiming to achieve. Having reached this target with the BLSW fund and the KfW banking group, we are in an ideal position to continue expanding. 

The revenue generated by the financial campaign will be put towards marketing activities, an ad-free payment model and the expansion of our e-book portfolio as well as our team of staff. 

To put things simply, we now have the chance to really scale up our model! Growth, growth and more growth. Our future is looking bright. Our marketing campaigns are kicking off and in the past two months alone we have managed to double the amount of our active users.

We are really looking forward to the months ahead!

Best regards,
The readfy team


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€ 500,000




33.33 %

Share Offered

Please note
The acquisition of this asset involves considerable risks and can lead to the complete loss of the assets used. The expected yield is not guaranteed and may turn out to be lower.
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