By Daniel Lanyon on 28th August 2018
The deal with Republic will allow US investors to invest in UK start-up firms.
Equity crowdfunding platform Seedrs has struck a partnership with Republic, a US platform, according to a statement from the firm, creating the opportunity for the two platforms to run joint crowdfunding campaigns simultaneously.
The strategic partnership will allow firms looking to raise raising on Seedrs to engage U.S. customers via co-raises on the Republic platform and vice versa.
New York-based Republic is the sister company of AngelList, a U.S. website for startups, accredited angel investors, and job-seekers looking to work at startups. It has been in operation for two years, funding more than 50 American startups. Seedrs currently operates a pan-European platform with its headquarters in London and entrepreneur hubs in Berlin, Amsterdam and Lisbon.
Ben Aronsten, Chief Marketing Officer at Seedrs, said: “The partnership was a natural fit as Republic is aligned with Seedrs’ best practice views on how to do equity crowdfunding properly, and we share in our pursuit of of democratising both fundraising and investment.”
The partnership coincides with Seedrs passing the £400m mark of investment on the platform with over 670 deals funded. It also has recently annouced its automated investment service AutoInvest.
The UK's oldest and best-loved conference for fintech and alternative finance insiders returns for its sixth iteration at etc.venues. We'll showcase the best of the UK's digital banking, online lending and digital wealth sectors through a series of uniquely in-depth discussions and presentations. Open Banking will be in full flight, just over a year on from its launch, and will be a central theme at the event.