Seedrs partners Form3 and LHV UK for real-time payments
Investing platform Seedrs has partnered with cloud paytech firm Form3 and core banking vendor LHV UK to enable real-time payments for account funding and reconciliation services.
The partnership will provide Seedrs with access to UK Faster Payments and SEPA Instant Payments in Europe.
Underpinned by Form3’s cloud-API technology and LHV UK’s banking infrastructure, Seedrs says the move will “augment its customer offering” and make it easier and faster for retail investors to invest in European businesses, with the new payment collaboration due to go live in August.
Seedrs head of finance and business intelligence, Charlie James, says the firm needs partners “that can provide payments and services that makes investing on our platform seamless, transparent and quick to support”, adding Form3 and LHV UK are “agile and reliable collaborators who can help Seedrs expand its UK and European offering”.
Seedrs was acquired by US-based private investment platform Republic in a $100 million deal last year.