What is equity crowdfunding?

Crowd-sourced funding (CSF) is a financial service where start-ups and small businesses raise funds, generally from a large number of investors that invest small amounts of money.

Under the CSF regime, eligible public companies and proprietary companies will be able to make offers of their shares, via an intermediary CSF service, using an offer document.

From 19 October 2018, the Corporations Amendment (Crowd-sourced Funding for Proprietary Companies) Act 2018 makes further changes to the law to extend the CSF regime to eligible proprietary companies. 

With expertise in finance and information technology, Galaxy Crowdfunding facilitates the fundraising process for both businesses and investors.

Was this article helpful?
0 out of 0 found this helpful

Comments

0 comments

Article is closed for comments.