by: Grow VC Group
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The British voters indicated that they want the UK to leave the EU, and Grow VC Group and its companies carefully follow and analyze the situation. At this point it is impossible to make any detailed analysis, when we have no information what the relationship of the EU and the UK will be in the future. UK based finance services that have been a part of EU’s internal market, including the ‘passport’ model to be able to offer services in each EU country are unlikely to continue as is.

EU is a very important market, the world biggest common market comprising of 500 million people. That’s why we plan to invest more in the EU market and start more operations within the EU. At the same time we increase our activities in the US and Asian markets. In the near future we will announce two new operations in Grow VC Group. We are just in the final process to choose the locations and jurisdictions for those operations. We hope to see that the UK and London play a part as important finance and fintech hubs also in the future.

You can read more from Grow VC Group memos (in 5 European languages):

EU fintech cities

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Crowd Valley, Startup Commons, Kapipal, Grow Advisors, TradeUp Fund, Deal Index, Crowdcitee, p2p Safety, Crowd Index Fund, Commoditarian

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Grow VC Group The Grow VC Group is the world leading, global pioneer of securities crowd funding, peer to peer marketplaces, new investment models and global business development. Established in 2009, the Group has developed new investment models on six continents and continues to innovate the global market.

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This entry was posted on Wednesday, June 29th, 2016 at 5:59 am and is filed under Business Updates. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.