Startup investment platform Seedrs welcomes Crowdcube into the regulated space…
Seedrs, the world’s first online crowdfunding platform for investing in startups to gain regulatory approval, today welcomes the news that Crowdcube has followed in its footsteps this week by gaining authorisation from the Financial Services Authority.
Jeff Lynn (pictured), co-founder and CEO of Seedrs said:
“This is great news for the growth of this exciting new sector which is helping an increasing number of new businesses to get off the ground. The UK has no shortage of clever and determined entrepreneurs with great ideas for new businesses, and we are offering a wonderful new way for them to achieve the initial funding they need, with obvious benefits for the economy. Seedrs has always believed that FSA approval is essential—both because it is legally required, and in order to ensure investor protection and the new sector’s credibility and reputation—for any platform offering equity investment in startups. This is why we did not launch Seedrs until we had achieved full FSA authorisation last year, and we’re thrilled to see that Crowdcube has now followed suit.”
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