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US start-up investing platform Republic announced this week that it has bought Seedrs in a $100m deal as part of a push into European markets. The merged companies will aim to take advantage of new EU legislation this month that has harmonized rules for crowdfunding across the bloc, opening the market for larger-scale operations.
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“The regulatory fragmentation has made it nearly impossible to build platforms of scale — this [reform] gives platforms access to 27 different countries, all under a single regulatory regime.”
https://www.ft.com/content/d8949f4b-e8c9-4548-9244-123496127611
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