Regulatory barriers to capital lowered as ASIC issues first crowd-sourced funding licenses

By James Harkness · 15 January 2018 · Finance

Regulatory barriers to capital lowered as ASIC issues first crowd-sourced funding licenses

Regulatory Hurdles Fall for Aussie Startups

Seven pioneering companies have just received the green light to revolutionize the way Aussie businesses raise capital. But what does this seismic shift in the finance landscape mean for you?

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Summary

Seven companies have become the nation’s first crowd-sourced funding (CSF) intermediaries after receiving Australian Financial Services (AFS) licenses from the Australian Securities and Investments Commission (ASIC). Under the CSF framework, which commenced in September 2017, Big Start, Billfolda, Birchal Financial Services, Equitise, Global Funding Partners, IQX Investment Services and On-Market Bookbuilds have been authorised to […]

Tags: Asic, Big Start, Billfolda, Birchal Financial Services, crowd source funding, crowdfunding, Equitise, Equity