Crowdentials & NIN Ventures Partner on Investor Verification

Crowdentials_LogoCrowdentials, an investor verification, Regulation D and equity crowdfunding compliance software provider, has announced a partnership with Venture Capital Firm NIN Ventures.  NIN is a venture capital fund that will invest in early / growth stage financial services, education software, internet and digital media, mobile communication, cloud computing, 3D printing, and other companies.

The partnership comes in response to recent legislative changes which require issuers to verify the accreditation status of their investors if the offerings is made via general solicitation and general advertising, Nin Desaipermitted by the JOBS Act and Rule 506(c) under Regulation D of the US Securities Act.

“We plan to make the accreditation process simple and confidential for our investors so they do not have to worry about disclosing their income, asset, and other personal documents to everyone,” said Nin Desai, CEO of NIN Ventures.

The Crowdentials Investor Verification tool allows for quick and easy verification of an investor’s accreditation status in a seamless, cost-effective way while maintaining investor security. The company’s first to market solution uses the principles-based verification preferred by investors and promoted by the Angel Capital Association.

richard-rodmanCrowdentials developed a program that strives to go above and beyond the minimum “reasonable steps” outlined by regulators.

“As an entrepreneur, I recognized the inherent obstacles in getting attention and funding for new ventures. We don’t believe that platforms and issuers should be weighed down by legislation that negatively impact the deal flow. Crowdentials relieves the burdensome verification process to give investment platforms and businesses peace of mind in a highly scrutinized regulatory environment,” says Richard Rodman, co-founder and CEO of Crowdentials.

Crowdentials provides portals, entrepreneurs and investors with compliance solutions to easily navigate and comply with the JOBS Act.



Sponsored Links by DQ Promote

 

 

Send this to a friend