19 October 2017
Find out more

Seedrs joins NatWest alternative finance panel

30 May 2017  |  2878 views  |  0 Source: Seedrs

Today, Seedrs announces that it will join a handful of leading alternative finance firms as the sole equity finance provider in an exclusive partnership with a new NatWest programme for British SMEs called Capital Connections.

Capital Connections offers NatWest’s business and commercial customers introductions via their relationship managers to a handful of alternative funding solutions available in the UK. The panel signposts business customers to innovative sources of finance including equity crowdfunding and marketplace lenders. There is no commission paid as a result of any referrals, ensuring maximum transparency and no conflict of interest.

NatWest has selected Seedrs, the most active equity investment platform in the UK, as the only equity based finance provider due to a history of funding successful early-stage businesses. Among the companies Seedrs has funded are FreeAgent, which IPO’d on AIM in December last year; Tossed, the healthy eating company; Chapel Down, the English wine company quoted on the NEX Exchange and Landbay, a marketplace lender focused on prime residential mortgages.

Capital Connections currently includes two peer-to-peer lending platforms Assetz Capital and Funding Circle; iwoca, which offers working capital financing to small businesses; Together, a property secured lender; and NatWest Social & Community Capital for social enterprise and charity lending

Alison Rose, CEO of Commercial and Private Banking at NatWest, said: “We are pleased to welcome Seedrs onto our esteemed panel of alternative finance providers. Sometimes traditional funding routes are not always the best option for hyper-growth startups. As the biggest supporter of British business, we are committed to improving the support we can offer, which is why we have teamed up with a fantastic range of alternative funders through Capital Connections. The scheme is instrumental in offering funding solutions to the many innovative businesses we are seeing coming out of the UK right now.”

Jeff Lynn, CEO and co founder of Seedrs, said: “Our partnership with NatWest provides us a great opportunity to facilitate investment into more ambitious early stage businesses. As the most active equity investor in UK private companies, Seedrs has already funded over 500 investment rounds for fast-growth SMEs, with more than £210 million invested into campaigns on our platform to date. Through the partnership we look forward to working with many more entrepreneurs with exciting growth focused businesses across the UK to deliver the funding they need from seed to Series A and beyond. It is encouraging to see a high-street bank embracing fintech and recognising the importance of alternative finance for funding the UK’s startup ecosystem.”

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.innotribe.comvisit www.capgemini.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15537 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8726 views comments | 16 tweets | 22 linkedin
hands typing furiouslyHow artificial intelligence can deliver a...
8371 views 0 | 8 tweets | 9 linkedin
satelliteGates Foundation backs Ripple collaboratio...
7819 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
6975 views comments | 9 tweets | 17 linkedin

Featured job

Competitive base, commission, benefits
London, UK

Find your next job