ECF sees first round of exits


Going beyond: The MyCash Online team is ready to go to bigger markets with the new round of funds.

EQUITY crowdfunding (ECF) investors are starting to see early returns as liquidity continues to flow into tech-based startups.

Last week, ECF platform pitchIN saw its first exit after a group of MyCash Online investors accepted a buyout offer for their shares from venture capital (VC) firm 500 Startups. The offer, which gave them 44.2% returns over two years since the ECF deal, was made alongside an investment by 500 Startups into MYCash Online.

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