Tagged: microventures

May 21, 2024 @ 7:05 pm By JD Alois  |  

Synapse, a Banking as a Service (BaaS) provider labeled in 2023 as one of the World’s Best Fintech Companies by CNBC, is in the throes of bankruptcy. In just a few short months, things have changed dramatically at Synapse it seems. It has been reported… Read More

August 17, 2023 @ 4:57 pm By JD Alois  |  

The Association of Online Investment Platforms (AOIP) provides feedback on FINRA’s request for input on improving capital formation. This past May, FINRA announced a request for comment on how FINRA rules may impact capital formation. The goal was to look for ways to increase efficiency… Read More

March 22, 2022 @ 9:48 am By JD Alois  |  

MindWise, a fraud prevention provider is raising capital on MicroVentures in a Reg CF offering available to all investors. As you know, fraud is everywhere these days. The digitization of just about all commerce and financial transactions has created a huge opportunity for crooks looking… Read More

December 14, 2021 @ 4:42 pm By JD Alois  |  

Rewards platform Indiegogo has posted a blog boasting about a partnership with StartEngine that pairs an e-commerce offering alongside a securities sale. You may recall, that Indiegogo was launched with the intent of morphing into an investment platform once the rules were in place to… Read More

September 22, 2021 @ 10:36 am By JD Alois  |  

MicroVentures is a broker-dealer that raises capital under the various crowdfunding exemptions including Reg CF+, Reg D, and Reg A+. An early entrant into the sector, MicroVentures got its start catering to accredited investors but expanded its portfolio of services following the enactment of the… Read More

September 8, 2020 @ 11:10 pm By JD Alois  |  

In a public statement, the Association of Online Investment Platforms (AOIP) has asked the Securities and Exchange Commission (SEC) to move quickly and to improve the regulatory environment to support small businesses during the ongoing COVID-19 health crisis. Addressed to SEC Chairman Jay Clayton, and… Read More

March 25, 2020 @ 7:00 pm By JD Alois  |  

On March 4th the Securities and Exchange Commission (SEC) published a proposal to amend multiple securities exemptions. If enacted, the proposed amendments would be the largest changes to securities law since the passage of the JOBS Act, and will strengthen the small business and startup… Read More

March 20, 2020 @ 1:02 pm By JD Alois  |  

The New Business Preservation Act. Senator Amy Klobuchar, fresh off the Presidential campaign trail, has introduced legislation to help boost entrepreneurship and SMEs during a time when the economy is being pummeled by the Coronavirus pandemic (COVID-19). Senators Chris Coons and Tim Kaine have co-sponsored… Read More

March 6, 2020 @ 9:50 am By JD Alois  |  

This week the Securities and Exchange Commission released a proposal to amend multiple securities exemptions. The proposed amendments to the exemption ecosystem may dramatically impact online capital formation for the better. These changes could make it easier for firms to raise money online while helping… Read More

December 24, 2019 @ 11:40 am By JD Alois  |  

The number of FINRA regulated “funding portals,” investment crowdfunding platforms that have been approved to issue securities under Reg CF, has continued to move upward since the new entity was created under the JOBS Act of 2012. Today, there are well over forty funding portals…. Read More

September 23, 2019 @ 7:22 pm By JD Alois  |  

The Association of Online Investment Platforms (AOIP) visited both House and Senate staffers last week, along with a meeting at the US Department of Treasury. The goal of the trip was to review the status of current crowdfunding exemptions and what must be done to… Read More

August 15, 2019 @ 6:09 pm By JD Alois  |  

Adam Carolla, a comedian/actor etc., visited the studios of CNBC earlier this month to talk about a securities crowdfunding offering which recently closed on Microventures. Carolla has bounced around the rewards space a bit raising funds on Indiegogo and the now-defunct FundAnything site. While on… Read More

June 26, 2019 @ 9:29 am By JD Alois  |  

The Association of Online Investment Platforms (AOIP) has published a series of policy recommendations encouraging Congress to act and improve the online capital formation marketplace by fixing existing flaws in crowdfunding rules. The AOIP is a newer advocacy group formed in the last year. The… Read More

March 31, 2019 @ 5:25 pm By JD Alois  |  

Indiegogo, the second largest rewards-based platform in the US, has quietly exited equity crowdfunding. Indiegogo entered the securities realm in November of 2016. The platform partnered with Microventures, a Texas-based broker-dealer, to create First Democracy VC – a FINRA approved funding portal. At the time… Read More

January 16, 2019 @ 9:07 am By JD Alois  |  

MicroVentures, an equity crowdfunding platform, has just announced the elimination of all fees associated with issuers using Regulation Crowdfunding (Reg CF). MicroVentures says “gone are the days of high commissions and equity compensation for funding portals.” A quick visit to their site and you may… Read More

October 21, 2018 @ 1:23 pm By JD Alois  |  

StartEngine has published their tally of Reg CF crowdfunding campaigns for the month of September. According to their numbers published on their StartEngine Index, September showed a solid increase in total raised on active CF funding portals. StartEngine reports that $8.7 million was raised under… Read More

September 25, 2018 @ 9:00 am By Samantha Hurst  |  

Association of Online Investment Platforms Seeks to Boost Trust, Educate Investors & Help Businesses in Need of Funding The investment crowdfunding industry in the United States was launched following the signing of the JOBS Act of 2012. This bi-partisan legislation enabled online platforms to promote… Read More

August 27, 2018 @ 11:02 am By JD Alois  |  

Last week, it was announced that Indiegogo, via its partnership with broker dealer Microinvest, was launching a security token offering (STO) for Aspen Digital. The “Aspen Coins” represent a single share in common stock offered under the Reg D 506c exemption for the St. Regis Aspen… Read More

August 23, 2018 @ 10:17 am By JD Alois  |  

Indiegogo was conceived as an investment platform but got a bit ahead of securities law so it started as a rewards platform. Today, Indiegogo now offers securities crowdfunding via a partnership with Microventures.  Last December, Indiegogo announced it was moving into the initial coin offering… Read More

July 23, 2018 @ 5:03 pm By JD Alois  |  

In a letter forwarded to Securities and Exchange Commission (SEC) Chairman Jay Clayton, a group of Fintech leaders demanded the Commission to increase Regulation Crowdfunding (Reg CF) from the current $1.07 million max amount to $20 million – a substantial increase to current rules. The… Read More