WeSwap, the currency swapping service, has raised just over £2.4 million through a crowdfunding campaign on Seedrs.

The peer-to-peer service, startup pitch here, raised the funds with 2,961 people investing in it – a record for an independent business on a UK crowdfunding platform.

WeSwap plans to expand its business further, with the input of its new investors.

The investment comes on top of a venture capital round of £6.5 million raised in July and led by Ascot Capital Partners, EC1 Capital and IW Capital.

WeSwap founder and CEO Jared Jesner says:

“The aim of WeSwap’s crowdfunding was to make as many of the public – people who use travel money abroad every year – part-owners of the company. We want all our investors to help shape the future of the travel money industry and attracting such high levels of support is really encouraging ahead of a year of international growth.”

The startup received Series A funding of $7.5 million in late 2014 and said it planned to expand to new markets.

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