Crowdcube and Seedrs today announced that they have agreed terms for a merger, in a move that will accelerate their plans to create the world’s largest private equity marketplace and further democratise investment. By joining forces, thousands of ambitious fast-growth businesses and millions of investors will be able to benefit from the best expertise, services and returns offered by the investment platforms of Crowdcube and Seedrs.
Jonathan Sibilia Partner at Draper Esprit:
“As a publicly listed company we understand just how important democratising capital can be. By joining together Crowdcube and Seedrs, thousands of entrepreneurs and investors will be able to benefit from the best of both companies’ expertise, services and returns investment platforms. We believe in the need for a de-facto standard player with scale in the crowdfunding space to serve companies and the investors who support them. We look forward to the combined strength of both companies’ as they build a global marketplace to fund businesses, deliver returns and essentially transform the industry"
To read the press release click here.