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Monday, 12 November 2018

Seedrs' Weswap aims to launch listing on AIM in December



At last some potentially good news. Weswap raised £2.45m on Seedrs two years ago. Valued then at £24m pre money, the company has raised £20m in total and is looking to list on AIM next month at around £40m


The company has almost doubled its 200,000 customer base since using Seedrs.

Investors in the Seedrs round will have to wait a year to realise their gains if they want to keep their EIS benefits but at least this gives them some liquidity options.

This is a massive gain for the Seedrs platform and investors should now be better able to see what we have been saying for years - this platform is a better bet than it's rival Crowdcube.

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