ETFL Limited, the trade finance fintech offering finance to Cypriot and overseas companies selling goods and services on credit of up to 120 days raised a total of €335,000 through its latest crowdfunding offering via the EU regulated CrowdX.eu platform.
The trade finance fintech was offering a fixed return of 4.5% per annum on its zero-coupon bonds, aiming to raise a minimum €200,000. Due to exceptionally strong demand, ETFL closed its Series 6 crowdfunding round at €335,000 for a 67.5% overfunding.
During 2025, ETFL raised a total of €575,000 in 3 crowdfunding rounds, bringing its total fund raises via crowdX to €910,000.
ETFL provides alternative finance solutions to suppliers in Cyprus and abroad, selling their products on credit by securing credit insurance from Allianz Trade and Atradius to cover its risk. Based on this operating model, ETFL does not require personal guarantees, or mortgages from businesses. The only collateral is the assigned invoices. The duration of the bonds was one year, maturing 30th March 2027. ETFL gives the option of early exit for investors looking to redeem their bonds before maturity.
CrowdX (https://www.crowdx.eu/) is an EU Crowdfunding Service Provider (license number CSP 2/24 from CySEC) helping EU based companies raise money to finance the expansion of their business, or for working capital use via equity or debt issues from retail investors.
Following the latest crowdfunding success, the total amount of money raised by crowdX for its clients is now €3,135,000 making it the largest and most successful crowdfunding platform in Cyprus.
Small investors may invest in any deal on the CrowdX platform from as little as €1000 without paying any account opening, brokerage, custody or other fees.
CrowdX is the trading name of Eurivex Ltd (https://www.eurivex.com/), an EU Investment Firm authorized and regulated since 2010 by the Cyprus Securities and Exchange Commission (CySEC) under license number 114/10 for the provision of investment services.
