How do I become authorised to invest?
As Seedrs is a financial services business regulated by the FCA, we have a responsibility to our investors to ensure that each has the judgement and understanding to appreciate the risks of investing in businesses. We do this by asking each investor to complete our investor quiz, or self-certify as either a High Net Worth individual or sophisticated investor upon first login.
We are also required to verify the identity of each of our investors prior to accepting the first payment for any investment, in line with FCA regulations on fraud and money laundering. This is a simple process that will often be completed in the background using the details provided at sign up, but we will sometimes require scans of certain identity documents before funds can be deposited into your account. You’ll be informed on the platform if we need these documents, and once we’ve received them, it wont take us long to manually verify your identity and authorise you to invest and deposit.