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Ovivo Mobile looks to online crowdsourcing for additional investors

Mark

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UK mobile virtual network operator Ovivo Mobile is using online investment platform Crowdcube to find new financial backers. Ovivo, which was founded by Dariush Zand last year, offers its customers a bundle of free calls, text messages and data usage each month.

The company is aiming to raise £150,000 in exchange for 7.5% of equity, valuing the business at £2 million.

Investors can choose a series of amounts from £200 to £5000, with each level offering additional benefits.

We spoke to Dariush Zand, founder and CEO of Ovivo Mobile, in May last year. You can listen to the interview via the built-in audio player on our website or by downloading the MP3 file.

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