To get all this information in spreadsheet format, along with more details not given above, download our 2019 Reg CF intermediary comparison matrix for founders. Obviously, you may get more hand-holding and guidance with some of the smaller portals, which may be suitable for your situation. Bizhare is a business investment platform through equity crowdfunding. ), you may be better off going with the portals that don’t require due diligence. The repaid funds will be continuously recycled for future students. Using Peer-to-Peer lending, TaniFund focuses on connecting agriculture stakeholders to working capital by utilizing a crowdfunding platform. Hope this helps! Its lending partners also collect the loan repayment and provide a protection guarantee for its lenders’ money. StartEngine Owner’s Bonus – Is It Worth It? The company has big plans for 2020, and has set goals to build up its capabilities in portfolio management, risk management, and network distribution, as well as add new technology to its platform. Issuers (e.g. This is not only a vote of confidence in those platforms, but shows that they know how to raise capital themselves and thus can “walk the walk” when it comes to helping companies raise funds (especially those that raised using crowdfunding). Mekar’s mission is to improve access to finance to small businesses, grow businesses that create jobs and deliver good financial and social return on its lenders’ money. In Indonesia, crowdfunding is a relatively new concept. We have broken down the best crowdfunding platforms in terms of the number of investors, capital raised, fees, and other key areas. One popular fintech all around the world is crowdfunding. Keep in mind that many portals tend to see a 50/50 split between on-platform investors vs. new investors brought in by a campaign, whether that is by your existing customers or paid acquisitions. Another important aspect of an equity crowdfunding site is whether they have a way to avoid the “messy cap table” issue – e.g. a film, food and beverage chain, main street business, etc. The Crowdfund Capital Advisors 2020 Reg CF study also found that typically 80% of the investors are accredited and 20% are non-accredited; however, 80% of the capital comes from accredited investors, while only 20% of the capital comes from the larger number of non-accredited investors. Find out everything you need to know about different security offerings in today’s post. There are currently three platforms licensed by the country’s Financial Services Authority. The firm is one of the few companies providing revenue-based financing in Southeast Asia. We conducted a bottoms-up Discounted Cash Flow (DCF) analysis to determine the range of value that we think the Republic Note token is worth today. or .35% escrow fee; $1,500 Form C software; $1,000 Form C legal review, Other Fees: escrow included in Netcapital performance fee, Extra Due Diligence / Deal Curation: Limited (100 point inspection), Other Fees: escrow fee of $500; investors charged 1% on each payment, Primary Securities: Debt, Equity, Revenue Share, Platform Fees: 4.5% of amount raised plus 2% equity. There are three ECF startups that are licensed by Indonesia’s Financial Services Authority (OJK) as of December 2019—Santara, Bizhare, and CrowdDana. There are currently three platforms licensed by the country’s Financial Services Authority. Founded by Heinrich Vincent, its vision is to help more people to be financially free and increase economic growth in the country of Indonesia. Those who fund it reap the rewards of making the idea a reality. Kolase works for albums, live events, brand extensions, books and many more. Investors will automatically receive a suitable profit share. Crowdfund Capital Advisors found in their 2020 Reg CF study that as much as 80% of campaign commitments may come from first- or second-degree associations with either the company or entrepreneur, suggesting that businesses who already have a large existing audience or customer base may be able to have better success in equity crowdfunding. INDONESIA’S CROWDFUNDING PLATFORMS – THE TOP 10, SOCIAL ENTREPRENEURS IN SOUTHEAST ASIA – THE TOP 10, TOP 10 AESTHETIC INSTITUTIONS IN THAILAND. How it works is that people can start a campaign on the platform about an idea and promote it. Jumping into the equity crowdfunding world can be scary for new investors. Both agreed that the current policy protects the industry and its stakeholders. Remember to balance this with what the platform offers in terms of investors, though. If you need help in selecting which Reg CF intermediary is right for you, I’m offering free 15-minute consultations with startup founders to help get you started on the right foot. Probably one of the best data sources for all the active equity crowdfunding campaigns right now would be Kingscrowd.com and their Ratings platform here (https://www.kingscrowd.com/ratings), which is the database of over 2000+ campaigns from past and present. As of Q3 2020, StartEngine still does not have a solution for the messy cap table issue, and so investors show up as individual line items on the cap table. It aims to cultivate local business growth and shape the financial world to be more inclusive and innovative by giving loans to SMEs through crowdfunding from the public. Reza and Vincent appreciate the regulations issued by OJK. The combined value was IDR 14.6 billion (USD 960,509). One of them is Likuid, a platform that offers stakes in creative projects. Registered and monitored by the OJK and co-founded by Jezzie Setiawan, GandengTangan connects micro-entrepreneurs with funders who want to make a positive social impact on their local community and business. “From the public and franchise business owners’ responses, the demand is huge. Several platforms offer referral bonuses for startups and those who refer them to the platform. You’ll notice that three of the equity crowdfunding sites (Wefunder, StartEngine, and Republic) have dominated 2020 Reg CF capital raised, while the numbers are also quite similar when looking at total Reg CF capital raised since 2016. the startup founders and entrepreneurs) should consider the type of investor that you are looking to attract to your campaign. Finally, OJK introduces a whole new equity crowdfunding procedure highlighting the roles of each party in an equity crowdfunding, the offering process and exemptions to public.