Netshares Financial Services, a U.S.-based digital investment bank and regulation crowdfunding (Reg CF) platform, announced earlier this week that the Financial Industry Regulatory Authority (FINRA) has approved its New Membership Application to commence operations as a registered broker-dealer. Netshares revealed that it will bring offering a digital investor marketplace for private capital serving both accredited and unaccredited investors.
“Netshares’ primary focus will be serving the capital needs of the franchising industry by identifying development, acquisition, and special opportunities within the franchise hospitality space.”
Speaking about the milestone, David Lee, CEO and Founder of Netshares, stated:
“We are delighted to achieve this milestone and excited to officially launch our digital investment bank. Private markets represent a massive part of the modern global economy. Raising private capital and opening investment opportunities in private businesses can provide much-needed stimulus for our economy and create thousands of jobs. We look forward to working with both the business and investor communities to provide streamlined access to capital and quality alternative investments.”
Lee further shared that he and his team will be working with restaurant, hotel owners, and landowners, to bring these businesses back and restore jobs impacted by the COVID-19 pandemic.
“For investors, the current situation in the hospitality industry represents a unique opportunity.”
Netshares went on to add that Ken Noresberg, Managing Director of Luxor Financial Group, enabled the platform to receive regulatory approval.
