Crowdfunding platform seedinvest is being acquired by rival startenginela as circlepay finalizes its divestment to focus on stablecoins. thesamreynolds reports
“SeedInvest was acquired by Circle a few years ago, and it's one of the largest players in equity crowdfunding. We are one of the top firms in the field. By acquiring SeedInvest, it puts us in a leadership position in the marketplace by having more investors than anyone and a lot more customers, companies that need to raise capital,” StartEngine CEO Howard Marks told CoinDesk.
Marks believes this opens up an opportunity to raise capital for those who have a promising future but not enough support from venture capitalists. “With the acquisition of SeedInvest, we're going to almost double the number of users we have on our platform,” he said.
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