Canadian cooperative Co-operators Financial Services, with over $58 billion in assets, invested over $2 million in London fintech startup Coop Exchange.
Co-operators’ president, Rob Wesseling, acquired a 12.4% stake, emphasizing their alignment of financial security with community impact. They aim to address the market’s interest in values-aligned investments, breaking barriers to a sustainable economy.
Coop Exchange strives to establish a regulated stock exchange for cooperative financial instruments, promoting cooperative principles. CEO Stephen Gill highlights their role in combating wealth inequality.
Co-operators’ leadership in the pre-seed round signifies their commitment to cooperation and forward-thinking.
