Fintech Whitehall Finance Seeks £350,000 on Seedrs

Whitehall Finance, a working capital platform, is crowdfunding on Seedrs. The Fintech is seeking up to £350,000 for equity at a pre-money valuation of £3.5 million. As of today, the EIS qualified offering has raised £114,000 from 21 individual investors.

The company reports that it has a “significant pipeline over £15 million of potential transactions.” Currently, Whitehall offers several different services including:

  • Supply Chain, Revolving Credit and Trade Finance: a flexible revolving credit facility which can be drawn in GBP, USD or Euro
  • Treasury Management/Supplier Early Payment and Dynamic Discounting
  • FX service for companies and individuals
  • Corporate Data and Marketing Service

In a company statement, Colin Levins, CEO of Whitehall Finance, stated:

“We have invested significantly in developing one of the most comprehensive and flexible finance facilities and supplier early payment solutions available to companies in the UK today and we can provide facilities in GBP, USD or EURO. In the last year, we have added a currency exchange platform and a corporate database to enhance our product set.”

The company believes that since the easing of lockdown, it is now more important than ever that companies have flexible working capital facilities.

Whitehall notes that last week it was placed in the Business Cloud Disrupter Top 100 list.


Have a crowdfunding offering you'd like to share? Submit an offering for consideration using our Submit a Tip form and we may share it on our site!

Sponsored Links by DQ Promote


 

Send this to a friend