Each step of the investor sign-up journey, including the certifications and quiz, is in place to make sure that investments are made in your business in accordance with regulations, and that investors understand the risks involved in investing.
The KYC (Know Your Customer) checks are in place to ensure there is no money laundering activity on Seedrs. Most investors will be able to pass KYC automatically by inputting their details, however some may require a manual check. This mostly happens if, for example, the investor has recently moved and it isn’t yet reflected in various online databases. If the investor needs to pass a manual check they will be asked to send the following supporting evidence to firstname.lastname@example.org and we will aim to get them approved as soon as possible:
- government issued photo ID; and
- a proof of address document (utility bill, bank statement, or letter from a local / national authority) showing your full name residential address and dated within the last three months.