Crowdnetic, a data and research source for the financial crowdfunding industry, has partnered with Digital Look for the launch of a new crowdfunding portal. The new portal aims to aggregate data from numerous UK crowdfunding platforms to create a ‘one stop shop’ to view open deals, review financials of companies, and monitor which firms are getting funded fast. In its initial release, the portal will feature data from numerous UK equity crowdfunding platforms, with Seedrs being its main contributor.
A media brand of Web Financial Group, Digital Look provides news, analysis and trading tools for US and UK shares, as well as FX, commodities and equity index markets. The partnership with Crowdnetic provides a new asset class for Digital Look to provide coverage for their readers. On this, Julio Bueso, CEO of Web Financial Group, stated in the public release about the news: “Our partnership with Crowdnetic increases our ability to provide investors with a comprehensive view of information on this rapidly growing asset class.”
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For Crowdnetic, the news coincides with the firm expanding to the UK where it is opening a London office. The office will be led by Adam Braggs who was hired in August. The UK expansion makes more sense from an industry perspective as financial regulation in the country, as well as mainland Europe, has been more accommodating to equity and debt related crowdfunding as an investment than in the US.
Commenting on the Digital Look partnership and UK expansion, Luan Cox, CEO and Co-founder of Crowdnetic stated : “The London office will be our first permanent physical presence outside of the U.S. and as such signifies an important milestone in Crowdnetic’s strategy to expand globally.” Cox added: “There is a proven demand for Crowdnetic’s solutions in Europe, and the launch on Digital Look aids in our goal to bring transparency to the global crowdfinance marketplace.”