Seedrs to streamline payments with Form3 and LHV collaboration
Crowdfunding investment platform Seedrs has chosen fintechs Form3 and LHV UK to make it easier for retail investors to support innovative UK and European businesses.
Form3 is a cloud-native payment technology provider, which will allow Seedrs users to make real-time payments for account funding.
Meanwhile LHV provides banking services to more than 200 fintech and crypto companies, including Coinbase, Railsr, and Trustly. Its technology will be used to ensure that real-time payments for account funding and reconciliation services are in line with banking regulations.
“As a leading private investment platform, we need partners that can provide payments and services that makes investing on our platform seamless, transparent and quick to support,” said Charlie James, Seedrs’ head of finance and business intelligence.
Read more: Seedrs officially launches in the Netherlands
“In Form3 and LHV we’ve found agile and reliable collaborators who can help Seedrs expand its UK and European offering.”
Seedrs has been used by many peer-to-peer lending platforms to raise funds for their expansion. Assetz Capital – currently the largest P2P platform in the UK – raised £1.5m through a Seedrs funding round and the government’s future fund in October 2020. It is now planning a second Seedrs campaign.
Meanwhile, EstateGuru launched its third Seedrs funding round earlier this year.
Seedrs’ new payment collaboration is due to go live in August.
Read more: Peer2Peer Finance Awards: Nominations open!