Republic / NextSeed 2020
Republic acquired NextSeed on November 1, 2020.
- Target
- NextSeed
- Acquirer
- Republic
- Announced
- November 1, 2020
- Sub-sector
- Wealthtech
Transaction overview
- Republic announced the acquisition of NextSeed on November 1, 2020.
- The deal is expected to close pending customary conditions.
Strategic rationale
Republic expands into small business debt crowdfunding and gains NextSeed's $20M+ facilitated investment base; NextSeed gains access to Republic's diverse asset classes and million-user platform.
Deal terms & multiples
Frequently asked questions
When did Republic announce the acquisition of NextSeed?
Republic announced the acquisition of NextSeed on November 1, 2020.
What sub-sector is NextSeed in?
NextSeed is tracked in the Wealthtech sub-sector.
Sources
- crowdfundinsider.com /2020/12/170500-nextseed-and-republic-discuss-acquisition-see-opportunity-in-blockchain-plan-for-global-expansion/