“This event represents the conclusion of a first collaboration between ASF, as a legally competent institution nationally in the field of participative financing, and entities requesting authorization as providers of such services, also reflecting the ongoing involvement of the Authority in this pioneering field for the local capital market,” stated Ovidiu Petru, general manager of the Financial Instruments and Investments Department of ASF.
SeedBlink was set up in early 2020 and started expanding in Europe by opening own offices in Bulgaria and Greece.
Participative funding is carried out via a financial technology solution offering SMEs an alternative funding instrument to the banking one.
(English version by Catalina Apostoiu)