One of the UK’s pioneering p2p lenders has announced that for the first time an alumnus company has listed on a public market. FreeAgent got its start by attracting equity investment on Seedrs in 2013 and this week successfully completed its IPO on the AIM.
The news came in the week that Seedrs announced another bumoper year amid expansion into Europe. Having completed 122 deals by the end of Q3 Seedrs has beaten its 2015 figures, and now more than £160 million has now been invested into campaigns on Seedrs since July 2012
‘This asset class is very fruitful for investors’
Jeff Lynn, CEO and Co Founder of Seedrs: “We are breaking records this year and by the end of Q3 we had exceeded the amount invested on the platform across the whole of 2015, while opening new offices in Berlin and Amsterdam as we push forward our European expansion.
“We congratulate FreeAgent following today’s float on AIM and for becoming the first equity crowdfunded IPO. As the early stage investment space matures in the coming years, we look forward to seeing many more Seedrs companies floating or exiting. We strongly believe that this asset class will be very fruitful for investors with diverse investment portfolios, and FreeAgent’s listing is an early example of that.
“Despite Brexit, the UK is still attractive and safe for inward investment and will continue to be one of the number one destinations for entrepreneurs to set up a business with its favourable tax reliefs, streamlined business incorporation and simple transport abroad.”