Seedrs enters exclusive partnership with NatWest to help boost British businesses
Capital Connections introduces NatWest business customers to alternative sources of finance through Seedrs, Funding Cirlce, Assetz Capital, and iwoca
Seedrs has entered into an exclusive partnership with NatWest to launch a programme that will help UK businesses access the “best sources of alternative finance”.
Capital Connections is available to NatWest’s business and commercial customers, introducing them via a relationship manager to “innovative sources” of funding including equity crowdfunding and marketplace lenders.
The programme is striving for transparency, with no commission paid as a result of any referrals, and is hoping to highlight the importance of alternative finance sources such as crowdfunding in the UK’s start-up ecosystem.
Seedrs has joined five other alternative finance providers including Funding Circle, Assetz Capital, iwoca, Together, and NatWest Social & Community Capital; but is the only equity-based provider.
Seedrs recently announced the launch of a secondary market, aiming to encourage more investment into early-stage companies by improving liquidity for investors.
Jeff Lynn, CEO and co-founder of Seedrs, commented: “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 start-up ecosystem.”
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 start-ups.
“[…] The scheme is instrumental in offering funding solutions to the many innovative businesses we are seeing coming out of the UK right now.”