The New Requirement from the New Zealand Regulator

[kreslik.news]

In recent years, pooling money to fund an individual project/business has gained tremendous popularity. Crowdfunding is one of the fastest growing ways to find investors.

Crowdfunding can be used for a variety of purposes – a means of getting quick cash as realised by a young Australian woman who crowdfunded for her $363 Uber ride after she woke from a night out and realised she wouldn’t be able to afford it; and for legitimate business purposes – as a means of raising funds for investments in a company or a project.

The ‘Crowd Funding Licence’ is a new license implemented by the ... (read more)