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Due diligence and equity crowdfunding

13 Jan 2019
Any business that comes on to Eureeca has already passed our due diligence checks but, more importantly, the very nature of crowdinvesting (crowdfunding for equity) is that businesses are exposed to the crowd who will themselves ask questions, conduct due diligence and filter businesses over the 90 days they have to raise the funds. 

We have created a stable platform to provide the first opportunity for investors to connect with SMEs and entrepreneurs and invest money in exchange for equity. All funds are held in a segregated escrow client account away from Eureeca’s own money. Monies can only be transferred once the shares have been issued in the name of those investors.  

As with any other business in the world, when you are looking for investment to grow or scale your business, you have to provide potential investors with important and sufficient information to be able to make an informed decision. Eureeca has a number of mechanisms including non-disclosure and non-competence agreements that are designed to protect entrepreneurs and business owners.

Meanwhile, all investors planning to invest via Eureeca are required to take an investor suitability test. This ensures that any investment they make on the platform will be made under regulatory approval from the UK Financial Conduct Authority (FCA).

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