Mach D Trading Secures SEIS Advanced Assurance

We’re excited to announce that Mach D Trading has been granted SEIS Advanced Assurance, a significant milestone as we prepare for our first funding round. This accomplishment reflects the dedication and resilience of our team as we navigate the complexities of building an innovative business.

Navigating the SEIS Application Process

The SEIS application process is known for its stringent requirements, particularly for businesses in emerging sectors like crypto trading. Initially, our aim to enable live trading on crypto exchanges posed considerable challenges, as financial operations are subject to strict scrutiny from HMRC. These complexities called for a careful and strategic approach to our application.

We partnered with SeedLegals to guide us through the process, and their expertise was invaluable. They helped us:

• Ensure our business activities were clearly explained in layman’s terms, avoiding any ambiguity around our platform’s purpose.

• Refine our pitch deck to better illustrate our growth potential while removing terms or phrasing that could cause complications, such as “partnerships” or “acquisitions.”

• Align critical documents, like our cap table and financial forecasts, with Companies House filings and HMRC expectations.

• Address potential pitfalls, such as demonstrating the risks to capital and presenting our funding gap in a way that aligns with SEIS requirements.

SeedLegals’ detailed review and actionable recommendations gave us the confidence to submit a thorough and compelling application. Their support likely played a key role in the process going smoothly and swiftly.

Pivoting to an Educational Platform

Midway through this journey, we made the strategic decision to pivot our business model to focus on an educational crypto trading simulator. This decision wasn’t driven by regulatory concerns but by our commitment to empowering users with the tools and knowledge to succeed in crypto trading.

While our original vision of live trading would have involved more regulatory scrutiny, the pivot likely contributed to a smoother and less stringent approval process. Educational platforms are generally simpler for HMRC to evaluate, which may explain why our application was approved within a single day of submission. This pivot has not only clarified our mission but also streamlined our journey toward building a compliant and scalable product.

Concurrent Pilot Testing to Validate the Product

As we worked on the SEIS application, we were also busy with pilot testing for MVP 1, engaging directly with B2C customers to validate our platform. These efforts have been instrumental in shaping our product by:

• Capturing real-world feedback to refine our educational tools and user interface.

• Demonstrating demand for an interactive platform that combines learning, risk management, and simulated trading.

• Strengthening our case for investment by showing clear market interest and readiness.

This dual-track approach of ensuring compliance while validating our product has placed us in a strong position as we move forward.

Looking Ahead

With SEIS Advanced Assurance secured, we’re now preparing for our first fundraise. This approval offers significant tax incentives for investors and highlights the strength of our business model. Combined with the progress we’ve made on our MVP, we’re confident in presenting Mach D Trading as an exciting opportunity for forward-thinking investors.

We’re incredibly grateful to SeedLegals for their guidance and to everyone who has supported us so far. As we continue to grow and innovate, we invite you to join our journey.

Want to experience Mach D Trading firsthand? Join the waitlist for our pilot testing, be part of the group, and receive an Amazon voucher as a token of our appreciation: https://machdtrading.com/waitlist

Stay tuned for more updates as our journey unfolds!