Co-Authored by CommunityLeader CEO Joseph Barisonzi and and Breakaway Funding founder Kim Kaselonis, the pair have published a white paper on the importance of community banking and the impact that crowdfunding will have on their business. Part of a three part series the document addresses the decline of community banks and tackles the forthcoming challenge ranging from regulatory oversight to competition from non traditional entities.
Kim Kaselonis is the former CEO/Chairman of Circle Bank – a community banking company based in Northern California. Breakaway Funding is a new crowdfunding platform connecting entrepreneurs to investors seeking alternatives to conventional equity investments.
CommunityLeader is a white label platform that powers investment crowdfunding platforms.
Keselionis commented on crowdfunding;
“What we are seeing is an enormous interest in crowdfunding among bankers, investors and businesses. The pace of adoption and demand promises to grow steadily as more and more companies successfully fund their companies through this emerging market. Everyone recognizes that our capital markets and investment opportunities are evolving quickly and they seek to learn and educate themselves to see how they may benefit by being part of this economic tsunami.”