Business

Croatian Startup Revuto Announces Brand New Project, Shares Offered

By 18 April 2023

April the 18th, 2023 - The Croatian startup Revuto launches a new project which allows for the close engagement of the public who can become owners of shares in the company.

As Poslovni Dnevnik/Josipa Ban writes, the Croatian startup Revuto, which developed an application (app) for managing subscriptions, has recently announced a brand new project in the launch of which, through a crowdfunding campaign, people can also participate as investors, and in return they will receive shares in the company.

The plan is to raise about 1.7 million US dollars in total, and as far as the project itself is concerned, the Croatian startup Revuto has announced the launch of a card programme for the overall better control of subscriptions.

With it, as they explained, Revuto's users will get the opportunity to use virtual debit cards to make payments and have greater subscription control. They will be able to top up with debit or credit cards and through cryptocurrencies, and the main goal is to provide privacy and protection from any irritating and unwanted costs.

The app's users will also have an overview of all subscriptions in one place, so it will be easier to manage them. Small investors will also be able to participate in the launch of this programme.

"Through all the activities so far, we have achieved significant growth, secured all of the necessary regulatory permits, integrated with our partners and are fully ready to launch our most important product on the market, Revuto debit cards. With this crowdfunding campaign, we want to offer small investors a share in our company so that the project remains in the hands of the community that supports us, and our community grows alongside us," Vedran Vukman, the co-founder and CEO of the Croatian startup Revuto, pointed out.

It's important to note that the number of investors is limited. As such, today, on Tuesday, April the 18th, 1,500 investors will be free participate in the crowdfunding campaign, which will last only 24 hours.

From Revuto, a startup that raised 10 million US dollars of investment back in 2021 and whose services are used by more than 355 thousand active users at this moment in time, they also note that by investing, the investors will, in addition to a share in the company, also receive a return of up to 15% of the investment in the form of the REVU token.

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