Hundemaxx aims to expand through crowdfunding

The pet supplies retailer Hundemaxx aims to expand its megastores in Nuremberg and Munich and move into other big cities like Berlin, Hamburg, Cologne and Stuttgart.
Its expansion is to be financed by crowdfunding. This initiative was launched on 9 February at www.companisto.com, the website of Companisto, which claims to be the market-leading crowdfunding platform. The initiative is to fund a venture loan, a loan attracting eight per cent interest annually over a period of four years.