Is the picture changing for Crowdfunding in the EU? An MiFID

licence was granted recently from the European Commision to Invesdor, a Nordic finance technology company in order to expand debt and equity crowdfunding services across all European Union (EU) and European Economic Area (EEA) countries (Iceland, Norway and Liechtenstein).

With the new licence, Invesdor will be able to operate freely in Europe, without having to start from scratch in each country, and apply for a new operating licence every time. Its the first crowdfunding platform to receive this level of operational licence, part of the European Commission’s drive to harmonise financial regulations across Europe.

“Making the fundraising process fair, transparent and standardised for all participants is very important for us. At the same time we give growth companies an alternative way of fundraising”, stated Lasse Mäkelä, co-founder and CEO of Invesdor.

Global crowdfunding almost tripled last year, becoming a $16 billion dollar industry.

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