Tagged: regulation cf

Snowball Money Offers Higher Interest Bearing Accounts for Savers, Looks for Investors on Republic

Snowball Money is an app-based platform that seeks to help users generate more money from their crypto investments. Staking/crypto lending platforms have risen in popularity as crypto-holders look to put their money work. A good amount of crypto is parked doing nothing yet there is… Read More

On Anniversary of Reg CF, there are Now 51 Active Funding Portals. Almost 1,500 companies Have Raised $367 Million

This past week, Reg CF (or Regulation Crowdfunding) celebrated its 4th birthday. Reg CF is one of three securities crowdfunding exemptions that were created by the JOBS Act of 2012. While Reg CF became law back in 2012, it took the Securities and Exchange Commission… Read More

A Discussion with StartEngine CEO Howard Marks

StartEngine is one of the largest investment crowdfunding platforms in the US by funds raised. A full stack platform, StartEngine is raising capital under Reg CF, Reg A+ and, in the past, under Reg D. But the platform’s vision for the future of online capital… Read More

Hello Cleveland: Honeycomb Credit, a Loan Platform, Reports 7 Cleveland based Offerings

Pittsburg-based FINRA regulated funding portal Honeycomb Credit is currently running seven Cleveland based securities offerings. Honeycomb Credit is a Reg CF platform that seeks to provide a bank-replacement type service with loans to SMEs. Honeycomb reports that 3 of the investment offerings are regular loan… Read More

SEC Relaxes Certain Reg CF Rules to Aid Smaller Firms in Need of Funding

The Securities and Exchange Commission (SEC) has announced that temporary rule changes regarding Reg CF (Regulation Crowdfunding) in light of the COVID-19 pandemic. According to a release, the SEC is following suggestions made by members of the SEC’s Small Business Capital Formation Advisory Committee. The… Read More

StartEngine Files New Reg A+ and Concurrent Reg CF, Seeks $41+ Million

StartEngine, a leading US-based investment crowdfunding platform offering securities under the full stack of available exemptions (Reg CF, Reg A+, Reg D) has filed for another funding round Filed with the Securities and Exchange Commission (SEC), StartEngine has posted a Reg A+ offering seeking $41… Read More

Go Digital Or Die: Capital Market Players Have A Known Answer Sheet

What happens when a business is forced to try something new amid a crisis? Usually a lot of pain and a lot of failed attempts. But today’s capital market players may have it easy. While major Wall Street banks and asset managers are being forced… Read More

Sondors Raises $570,000 on StartEngine, Says its Not Enough

The Sondors Electric Car Company, founded by Storm Sondors, has closed its securities offering on StartEngine having raised $569,413 from 761 investors. The Reg CF offering was seeking the max amount of $1.07 million. According to the offering page, investors are receiving common equity at… Read More

Crypto to Fiat Visa Card Provider Ternio is Crowdfunding on Republic

BlockCard by Ternio allows people to buy anything they want with cryptocurrency thus making crypto more bankable, usable and, well, practical. Ternio is in the midst of a crowdfunding round on Republic as it seeks to raise additional growth capital and expand its business. Blockcard… Read More

NextSeed Launches New Product: the NextSeed Community Bridge Note

NextSeed, launched as FINRA regulated funding portal and now a broker-dealer offering the full stack of securities exemptions, has announced a new product to assist small businesses impacted by the Coronavirus pandemic. According to NextSeed, the NextSeed Community Bridge Note (CBN) will leverage Regulation Crowdfunding… Read More

Huge: Republic Acquires FIG Game Crowdfunding Platform

Republic, an offshoot of AngelList and sister company to CoinList, has acquired FIG – a securities crowdfunding platform in the gaming space. Details of the acquisition were not immediately available. Founded by Justin Bailey, Republic states that he will stay actively involved as a Fig… Read More

Crowdfunding Industry Insider Criticizes SEC Proposal on Special Purpose Vehicles for Reg CF

Special Purpose Vehicles or “SPVs” have long been requested by FINRA regulated platforms participating in the Reg CF sector of crowdfunding. Under current rules, SPVs are not allowed to be utilized. This may soon change as the Securities and Exchange Commission (SEC) has proposed enabling… Read More

A Bank Loan Alternative: Honeycomb Credit CEO Provides Insight into Crowdfunding Platform Performance During Coronavirus Crisis

George Cook, the CEO of Honeycomb Credit, is a sixth-generation community banker who started a loan crowdfunding portal to support main street small businesses. A FINRA regulated funding portal, Honeycomb is a debt only seeing an opportunity to supplant bank lending or competing Fintechs that… Read More

Perspective: What the Proposed SEC Changes Mean for the US Crowdfunding Industry

Earlier this month, The Securities and Exchange Commission (SEC) announced a set of amendments to the exemptive framework under the Securities Act of 1933. This includes a notable update to Reg CF – increasing the funding cap from its current $1.07 million to $5 million…. Read More

Reg CF: After an Initial Pause, One Platform Says Crowdfunding is Back to Normal

Chatter continues to disseminate as to how venture capital is pulling back or funding is simply vaporizing. At best, some deals are being reconfigured as pre-pandemic pricing is being called into question. The COVID-19 crisis is hitting early-stage firms hard. Private companies that may be… Read More

Backed by Tim Draper, Tony Robbins & Pitbull, GRIT BXING Quickly Tops Minimum Funding Goal on Republic

If spinning or standard cross-fit classes are too tame for you, a startup providing fitness boxing may be just what you need. Grit Bxing is an early-stage firm that has already received the backing of multiple high-profile investors, according to the company. Names like Tim… Read More

In Final Hours of Reg CF Offering, Rocket Dollar Tops $400,000 on Republic

Rocket Dollar is nearing the end of a securities offering on Republic and with less than 2 days in the offering, the Fintech has topped $400,000 on the crowdfunding platform. Rocket Dollar is a Fintech that helps to match investors with alternative finance offerings. The… Read More

Ammo Delivery Service Ammo² Raises $313,000 on Wefunder

Ammo² (or AmmoSquared) has closed on a crowdfunding round on Wefunder raising approximately $313,000 at a $4.49 pre-money valuation. Investors received preferred stock in the company. Started in 2015 by husband and wife team, Ammo² has generated over $1m in revenue to date through its… Read More

Online Capital Formation: Reg A+ and Reg CF Issuers Receive Some COVID-19 Induced Relief from SEC

Yesterday, the Securities and Exchange Commission (SEC) announced that it is providing temporary regulatory relief to market participants in response to the effects of COVID-19. The actions involve filings on the EDGAR system as well as certain company filing obligations under Regulation A (Reg A+)… Read More

Reg CF Portal Fundopolis Announces Services to Help Small Business During COVID-19 Crisis

Fundopolis is the most recent crowdfunding platform to provide specific initiatives for issuers during the challenges engendered by the COVID-19 pandemic. As has been widely reported, millions of small businesses are seeing revenues drop as people comply with COVID-19 quarantines and social distancing practices. Fundopolis… Read More

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