Linklaters has forged an exclusive legal partner to work with Crowdcube as part of their post-funding service delivery programme to tech companies. The partnership aims to boost investment and provide solid grounding for tech businesses, and supports the recently launched Thrive for Fintech programme, which helps SME financial inclusion fintech companies to secure lead investment.
Crowdcube, the UK’s largest equity crowdfunding platform, will have an exclusive 12 month partnership with Linklaters to be its legal advisor for the ongoing service delivery to technology companies post-funding. The partnership is central to Crowdcube’s strategy of establishing longer term relationships with clients through the ongoing service delivery beyond initial funding. The agreement will allow Linklaters to support a select number of tech companies and provide access to invaluable legal advice at a time when they most need it. This will include: free access to Linklaters’ recently launched ‘TechLinks,’online portal designed specifically for small and start-up tech businesses; ccess to its client knowledge portal; workshops and legal training; and, invitation to Linklaters’ tech-related events. The selection of companies qualifying for post funding support will be by mutual agreement between Crowdcube and Linklaters. Companies also shortlisted for the recently announced ‘Thrive for Fintech’ investment programme will also qualify for this support.
Tomorrow’s tech giants
The partnership, Linklaters believe, will also place it in an ideal position to identify developments in the rapidly evolving area of legal tech. Nicola Rabson, partner at Linklaters, said, ‘the partnership provides a fantastic opportunity for both Linklaters and Crowdcube to establish longer term relationships with the most exciting emerging technology companies. It will also provide the type of broader support that these companies need to establish themselves at the earliest stages in their development in order to give them the best chance to flourish and grow into the tech giants of tomorrow.’