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Tuesday, 09/10/2019 1:40:31 PM

Tuesday, September 10, 2019 1:40:31 PM

Post# of 24
As of January 1st, There Are 46 FINRA Approved Reg CF Crowdfunding Portals

There are three different crowdfunding exemptions, including Reg CF, in the US that enable online capital formation; Reg A+ (up to $50 million) and Reg D 506c (unlimited funding but accredited investors only) that provide several options for firms to raise money without becoming a reporting company (IE publicly listed).

Most of the funding to date has been dominated by just a few of the platforms: Wefunder, StartEngine, SeedInvest, NextSeed, and Republic.

Basic requests such as an increase to the funding cap (up to $20 million), removal on restrictions for accredited investors (everyone does a workaround now), allowing a special purpose vehicle (SPV), are frequently requested. There are others.
https://www.crowdfundinsider.com/2019/01/142996-as-of-january-1st-there-are-46-finra-approved-reg-cf-crowdfunding-portals/
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