Seedrs has just acquired Junction Investments, a California-based online investment platform, and is going to use this acquisition to expand to the United States.
Seedrs, a company based in London that deals with equity-based crowdfunding, announced yesterday that it has acquired Junction Investments. Junction’s vision and ethos were similar to Seedrs’: they wanted to provide a simple and straightforward way for a wide range of investors to access growth assets and have decided to focus initially on investments in entertainment assets, including Hollywood films, before expanding more widely.
Additionally, over the past two years, the Junction team has done a remarkable job of building the foundation of a great business. Among other things, they have built out an exceptional set of relationships in the investment and business communities, and they have gone through the arduous process of establishing a registered broker-dealer and an investment adviser (the two regulated entities that cover the equivalent of our FCA permissions).
Therefore, as Seedrs is planning to expand its presence to the USA, this acquisition makes a lot of sense. Consequently, Adam Kaufman and Brian Goldsmith, the founders of Junction, are joining the Seedrs team as Co-Heads of Seedrs America. Adam and Brian believe that combining with a platform that already had significant reach and resources would allow Junction to move further and faster than it could have done on its own.
Over the next few months, Seedrs will launch in the U.S. market. In the meantime, American residents are welcome to sign up to Seedrs and have a look around, although they will not yet be able to invest or raise capital.