28th Sep 2015 07:22
LONDON (Alliance News) - AIM-listed investing company Teathers Financial PLC on Monday said it has launched its crowd equity application.
Teathers said "The Teathers App" will allow private investors to invest in listed companies using the mobile app. It has been launched in tandem with broker Shard Capital Partners LLP and has been released via the iTunes, Google Play and Android platforms.
"This app is revolutionary in the sense that it is the first crowd equity mobile solution allowing private investors access to IPOs and placings in publicly trading companies. Previously few private investors had the opportunity to participate in fundraisings on the same terms as institutional investors. However, the Teathers App will help to change this," said Teathers Executive Chairman Jason Drummond.
Teathers shares were up 15% in early trade to 4.6675 pence, one of the best performers in the AIM All-Share.
By Sam Unsted; [email protected]; @SamUAtAlliance
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