inov8uk
Joined: 8/6/2024
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SEIS for Fintechs
According to the guidelines for SEIS, EIS and VCT, (ITA07/S192(1)(c); ITA07/S303(1)(c) excludes banking, insurance, money-lending, debt-factoring, hire-purchase financing or other financial activities. In light of the above, how can a startup in the fintech space (acting as a tech solution intermediating loans between customers and institutional lenders) raise funding competitively through a tax incentivised scheme such as the ones above?