Private investment platform Seedrs has chosen LHV UK and Form3 to enable faster payments throughout the UK and Europe.
Linking with the duo allows Seedrs to utilise real-time payments more efficiently and effectively, augmenting its customer offering. This will be provided to UK customers as well as boosting its SEPA instant payments across Europe.
LHV UK and Form3 will support Seedrs’ attempts to create faster payment capabilities for retail investors looking into growing European businesses. This is underlined by Form3’s real-time payments for accounts solution, whilst LHV UK provides the investment platform with a regulated banking infrastructure.
Charlie James, Head of Finance & Business Intelligence at Seedrs, said: “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.
“In Form3 and LHV UK we’ve found agile and reliable collaborators who can help Seedrs expand its UK and European offering.”
Form3 is a fintech aiming to ‘revolutionise the world of payment processing’, with innovative AI and cloud-native systems to enhance the Payments as a Service (PaaS) model.
Its CCO, Julian Colls, commented on the recent partnership with Seedrs, stating: “Form3 provides cloud-based payments solutions to benefit everyone from tier one banks to the thriving startup investor space.
This is part of our drive to reimagine payments technology, ensuring all companies – established or new – can have access to best-in-class services. Working with Seedrs, in partnership with LHV UK, further supports our UK and European market expansion.”
LHV UK, a banking service who submitted its UK banking licence in February 2022, supports various fintechs and digital asset companies to offer a range of banking services which includes virtual IBANs, and safeguarding multi currency and FX accounts.
“Seedrs is one of the most reputable fintechs, having launched in the UK ten years ago. They continue to democratise equity crowdfunding across the UK and Europe, and LHV UK, in partnership with Form3, is thrilled to support their continued expansion,” added Andres Kitter, Deputy CEO of LHV UK.
The payment collaboration between the trio is expected to go live in August 2022.