London, July 25th 2018 – Avenir Registrars Ltd, a provider of registrar services, has today announced a white label partnership with the UK’s leading positive investment platform, Ethex. Avenir and Ethex will now be providing social enterprises and mission driven companies with a comprehensive suite of high quality registry services.
Avenir and Ethex have joined forces to combine their extensive experience to provide issuers with seamless, robust and high-quality registry services. The partnership works as a natural extension of the organisation – reducing the administrative burden of keeping investor records up to date, whilst also ensuring that investors are receiving regular and responsive communications. Developed to meet the highest industry standards of data security and adhering to the latest GDPR regulations, the service also includes the ability to automatically generate relevant tax, share and bond certificates.
Lisa Ashford, CEO, Ethex, commented:
“We know that the people who invest through our platform want to be closely aligned with the businesses and social enterprises they invest in. To this extent it was vital that any registry solution we proposed came with functionality that would be intuitive, provide investors with a user-friendly interface and use future-proof technology. We believe that our white label partnership with Avenir fits that bill.”
All companies have a legal duty to maintain an up-to-date register of securities ownership. Although this obligation can be conducted in-house, typically a third-party registrar is appointed to manage this responsibility. Unlike legacy registrar service providers, Avenir’s technology has been built from the ground up in recent years to deliver a revolutionary pricing model, with client support delivered by a team of experienced advisers.
Dr. Hardeep Tamana, Managing Director of Avenir Registrars Ltd, commented:
“Although we now work with over 100 issuances, our flexible approach to technology allows us to develop white label partnerships with entities like Ethex who operate in specific market sectors. They benefit from our specialist knowledge, our technology and powerful investor relations tool. We are delighted to be powering the registrar services for Ethex and their issuers, providing a cost effective and fully scalable solution to meet their registrar needs.”
14 Ethex social enterprises have now migrated a total of 64 issuances onto the Avenir-powered platform.
For more details, visit www.avenir-registrars.co.uk
Notes to editors
About Avenir Registrars
Avenir Registrars Limited was founded in 2014 by Stuart Turner and Hardeep Tamana. The company provides CREST and non-CREST registrar services to over 100 different issuers.
Avenir Registrars clients include both privately and publicly held businesses who have issued both debt and equity. Collectively, their instruments are listed at venues including NEX, the International Stock Exchange, the Gibraltar Stock Exchange, Nasdaq OMX and the London Stock Exchange.
Ethex brings together on one platform the best positive savings and investment opportunities to make it easy to make money do good. On the platform, you can browse, compare and invest in a range of products from bank accounts and ISAs to equity investments and charity bonds that offer a social and environmental as well as a financial return. Since 2013, Ethex has helped raise over £65 million of investment from over 13,000 investors into more than 65 social businesses, charities and community organisations helping them to scale and grow.
For further media information, please contact:
Tel +44(0) 7973 284 749
For any Social Enterprises wanting to find out about these registry services please contact:
Tel: +44(0)1865 403304