(Alliance News) - CrowdFundMe Spa let it be known on Friday that it is supporting iVision Tech Spa together with Frigiolini & Partners Merchant and Fundera in the launch of a minibond with a six-month coupon.

The minibond has a maximum amount of EUR5.0 million with a maturity of 7 years amortizing, with two years of pre-amortization.

The issue is also open to retail investors and a minimum unit denomination of EUR10,000 has been set.

"The funds raised will be used by iVision Tech in order to accelerate the growth path, mainly with regard to the opening of new foreign markets and the implementation of new products to complement the current range," the company notes.

CrowdFundMe rises 5.0 percent to EUR2.10 per share.

By Chiara Bruschi, Alliance News reporter

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