Crowdcube has teamed up with Seccl to provide customers with API-based access to public markets as it launches its Community IPO product later this year.
Octopus-owned Seccl is an investment technology company which offers a suite of infrastructure solutions.
These will augment Crowdcube’s existing capital markets technology and offer an all-in-one experience as it looks to power retail participation on a mass scale.
The Community IPO is the latest in a line of new products for Crowdcube as it scales to become the European marketplace for retail investment into private and public companies.
It says it will offer retail investors the most diverse set of equity investments anywhere in Europe, enabling investors to back businesses from startup to IPO alongside VCs and institutions.
Crowdcube also recently announced the launch of Cubex, its secondary marketplace that allows retail investors to buy and sell shares in high-growth private European companies.
Sam Lawson, VP of Capital Markets at Crowdcube, said: “We have real alignment with Seccl on our vision to disrupt public markets, at first allowing retail investors fair access to IPOs.
“Together we have the right technology to include retail investors in a seamless and customizable way.
“The quality of Seccl’s team and solution is exactly what we need as we embark on our next step to democratise primary investment in the public markets, and double down on our mission of supporting entrepreneurs, from inception to IPO.”
Dan Marsh, Head of Customer at Seccl, added: “Since it was founded in 2011, Crowdcube has played an instrumental role in the growth of a huge number of ambitious and disruptive companies. We’re really excited to see them extend their impact into the public markets, too, through their innovative Community IPO product.
“It promises to give everyday retail investors a new and exciting opportunity to get a piece of the IPO action – an incredibly exciting and worthwhile mission that we’re delighted our technology will help make possible.”
Seccl’s technology powers a growing number of disruptive investment platforms, some of which – like Chip and Penfold – have completed successful funding rounds on Crowdcube.