Seedrs launches programme for financial intermediaries in equity crowdfunding

By Emily Nicolle on 2nd November 2017

FintechEquity Crowdfunding

Equity crowdfunder Seedrs wants to introduce wealthy individuals to early stage equity deals as a digital alternative to EIS funds.

Seedrs launches programme for financial intermediaries in equity crowdfunding

The platform has reported an increase in interest from financial intermediaries looking for early stage opportunities for wealthy clients to expand their growth investment portfolios.

Its recent partnerships with RBS, Fidor and the Law Society have proved enticing for the intermediary community, as well as Seedrs’ digital product features such as tax certificates and real-time portfolio performance.

In addition, the equity crowdfunding sector has become more attractive in recent years as Seedrs suggests that the potential for serious capital growth has increased, alongside the appeal of supporting innovation.

Data from Beauhurst shows that over £3.6bn was invested into equity deals in the UK last year, showing an increased appetite for start-up investing. Seedrs reported that it was responsible for completing 11 per cent of those deals, rounding up its total amount of deals funded to 540.

Under the new programme, a portfolio of EIS and SEIS qualifying investments on Seedrs will offer investors an alternative to discretionary managed EIS and SEIS funds. The platform will offer intermediaries a non-advised solution while handling all legal and tax admin online.

There are already a number of high-growth portfolio companies available on Seedrs, including the digital banking app Revolut and accountancy software business FreeAgent.

Adam Reeve, Investors Manager at Seedrs, said: “Investors and advisers are more conscious than ever about fees eroding portfolio returns, and achieving growth. Self-directed execution-only platforms for traditional asset classes, such as listed equities and bonds, have existed for many years and are a common route for sophisticated investors who wish to construct their own portfolios, without paying significant management fees.

“Previously there has been little or no equivalent for private equities, particularly seed and venture investing with only structured, managed products provided only to HNW investors. Seedrs offers this service.”

Comments

AltFi Amsterdam Summit 2018

AltFi is returning to Amsterdam for its second annual Summit in the city. The inaugural event last year was a roaring success, with key figures from across Continental Europe's alternative finance and digital banking sectors highlighted. These included Jeroen Broekema, managing director of Funding Circle Netherlands, and Mieke van Engelen, head of innovative partnerships at ABN AMRO's standalone lending platform, New10.

5th November 2018


Companies in this Article:

Revolut
Seedrs

More like this:

Property crowdfunding platform set to launch

15th October 2018
George Geddes

$500m fintech fund launches in Europe

17th October 2018
George Geddes

Is Agrifintech the next big thing?

19th October 2018
David Stevenson