Real estate crowdfunding software provider, Katipult, announced this week it is looking to establish its compliance solution in various countries outside the U.S. including UK, Singapore, Australia & Canada.
The announcement came at a private investor event facilitated by the Global Fintech Group, where the company had expected to reveal its product roll-out for Title III regulations in the U.S. under the JOBs Act. Katipult had been largely focused on Regulation D (Reg D) offerings including 506c and 506b, and Reg A+ in 2015 for U.S. markets. Now, it has opened its service up in some of the world’s hot property markets for foreign and domestic investors alike.
Katipult commented:
“We are the only solution in the market that can truly adapt to the unique requirements regulators permit from country to country. The ability to localize our investment crowdfunding software for language, currency, banking and escrow, compliance, and business culture provides an unparalleled adaptability yet to be seen in the industry.”
While the U.S. remains Katipult’s main market, the company noted that it will use its international presence to assist its North American client base to better tap into the global investor pool, while migrating best practices between markets.
“The reality is most investment firms have a technology gap within their operation and require a trusted software partner to guide them through this dynamic environment.”