In the U.S. financial services market, regulations such as Reg A+ and Reg CF have opened up new avenues for startups to raise financing from a large number of unaccredited investors along with accredited investors. Among the 636 companies that filed forms to conduct new offerings under Reg A+ or Reg CF, 80% of them (514) filed for Reg CF. In addition, the number of unique offerings for Reg CF increased by 267% in 2017 compared to 2016.
In 2017, 12% of equity crowdfunding platforms already drove 72% of Reg CF offerings in the U.S. Elena Mesropyan, Global Head of Content at MEDICI, reports.
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