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Fears for equity crowdfunding

2015-09-09 20:44:20| Chemicals - Topix.net

New Zealand's nascent equity crowdfunding market may be heading for a shakeout as an eighth platform, Property Mogul, seeks regulatory clearance to start operations. The Financial Markets Authority recently approved a seventh equity crowdfunding platform, run by Hong Kong-based Propellar, while the backers of Property Mogul, based solely on property crowdfunding, say they are in the throes of gaining regulatory approval.

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