Vancouver, BC – 360 Capital Financial Services Group Inc. (CSE: TSZ, www.360capital.ca), a company providing a broad range of financial services including capital raising, corporate finance advisory, merchant banking, IPO consulting, and insurance – announced their investment in Silver Maple Ventures’ Equity Crowdfunding Portal website FrontFundr.com was recently successfully launched.
Early in 2014, 360 Capital’s management recognized the importance of Equity Crowdfunding as a disruptive financial technology business model in private equity capital formation. To position the company at the forefront of this exciting opportunity, 360 Capital invested in Silver Maple Ventures, a start-up company that was building the FrontFundr.com website and seeking approval from the British Columbia Securities Commission to operate an Equity Crowdfunding Portal with online compliance technology. Silver Maple Ventures’ FrontFundr website is now officially launched with local and national Canadian media following this revolutionary shift in venture capital and private capital funding. And in the short period of time since the website was launched, it has already raised over $700,000 for its listed investment opportunities.
360 Capital’s strategic investment in online Equity Crowdfunding is part of a comprehensive plan to capitalize on the changing capital markets in Canada and globally. With the continued popularity worldwide of Crowdfunding, securities regulators are democratizing investment opportunities that previously were only available to accredited investors and high net worth individuals. The liberalizing of these investment opportunities has been underscored by the fact that on May 14, 2015 British Columbia and six other provinces announced the “Start-up Crowdfunding Exemption” for the public. And effective June 19, 2015, the United States passed the Jobs Act Title IV – also called Regulation A+, which allows the public to invest in US and Canadian private equity.
“There is a global fundamental shift in the capital market formation for early stage companies and with it comes exciting new investment opportunities for the general public,” according to John Gan, 360 Capital’s CEO. “The combined impact of additional investor interest and liberalization of securities regulations around the world will create significant growth. It was recently reported in a Forbes article that the World Bank estimated that Crowdfunding would reach $90 billion by 2020 and that if the trend of doubling year over year continues, we’ll see $90 billion by 2017” (Forbes Article, June 9, 2015).
John Gan continued, “360 Capital is positioned to tap into this business opportunity on a number of fronts. These include our investment partnership with the FrontFundr Equity Crowdfunding Portal, our recent Exempt Market Dealer approval for 360 Securities Ltd. and our proprietary 360 Funding Escalator™. We are proud and excited about the development of this funding ecosystem, which we believe can provide our early stage venture clients with a one-stop funding and liquidity solution, from start-up to IPO.”
About 360 Capital Financial Services Group Inc.
360 Capital Financial Services Group (CSE: TSZ, www.360capital.ca), through our subsidiaries and affiliated companies, provides a broad range of financial services including capital raising, corporate finance advisory, merchant banking, IPO consulting, and insurance. To assist in fulfilling these services, 360 Capital has created our 360 Funding Escalator™ that bridges the capital raising gap from early stage to exit for emerging venture companies. This enables us to help develop, grow, and invest in business and venture opportunities through equity investments, acquisitions, partnerships, JVs, and strategic alliances in Asia and Canada.
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