Launched in June, InvestDen, an innovative equity and debt crowdfunding platform operating in the UK, and KPMG, one of the leading global professional services firms, today announced their new alliance to support UK business, particularly KPMG’s support for UK SMEs.
“This alliance is important because it provides companies raising capital through InvestDen access to the tools and skill sets required to prosper,” InvestDen Chief Executive Matt Novak commented. “From an investor perspective, it brings a level of robustness to the market and validates the crowdfunding industry. Crowdfunding is now a viable route of financing and plays a part in a balanced and diversified portfolio.”
Through this alliance, KPMG will offer a range of services and advice to those businesses raising capital through InvestDen. The alliance equally benefits start-ups and mature companies by providing direct access to capital and expertise in a cost-efficient manner.
“In our conversations with entrepreneurs, we hear time and again that the funding landscape for small businesses can be complex and difficult to navigate, something which is spurring the growth of alternative finance providers which are able to provide clarity and simplicity in their offerings,” stated Ben McDonald, Head of Enterprise for London Region at KPMG. “We see crowdfunding as one such alternative source of capital for ambitious businesses, which is why we’re delighted to enter into this alliance with InvestDen. The alliance is fully aligned with KPMG’s strategy to work with companies at all stages of development across the UK.”
The newly-launched platform partnered with NYC-based Crowdnetic in August.