Chilango's second Burrito Bond raises over £1.6 million

The brand's second crowdfunding initiative offers an 8% interest return annually for four years.

After reaching their target earlier this month, Chilango's Burrito Bond 2 crowdfunding campaign has now raised over £1.6 million already.

In an newsletter, the brand said the amount was raised from over 220 people, including some executives previously affiliated with Domino's Pizza UK, McDonald’s UK, and Itsu.

"Aside from the 8% cash interest return we're also offering loads of investor rewards, which you can either use yourself, or gift to your family, friends, or colleagues. The Chilango Black Card is by far the most popular, offering free food for 4 years, in addition to the 8% APR, in return for an investment of £10,000," Chilango said.