5. Crowdfunding / Crowdinvesting / Crowdlending
Global Overview

FinTechs belonging to this category operate crowdfunding, crowdinvesting and crowdlending platforms on which money is raised in order to invest in various projects, mainly start-up companies and real estate projects.

Crowdfunding is not a legal term, but often used as the general term for:


  • donation-based crowdfunding (the investor donates the money to the project),
  • reward-based crowdfunding (the investor receives an often symbolic consideration for his investment),
  • equity-based crowdfunding (crowdinvesting: the investor participates in the profits of the financed project or acquires shares or debt instruments) or
  • lending-based crowdfunding (crowdlending: the investor is reimbursed at the end of the project with or without interest).

The following diagram shows the total global funding volume generated through crowdfunding:





Source: crowdexpert.com



Legal and Economic Overview


Chapter Index


1. Payment Services / Mobile Payment

2. Asset and Portfolio Management

3. Consulting and Broking Services / Robo-advisory / Auto-trading

4. Trading Platforms / Social Trading Platforms / Signal Following

5. Crowdfunding / Crowdinvesting / Crowdlending

6. Virtual Currency - Bitcoin

7. Loan Services / Factoring / Loan Broking / Finetrading

8. Online Banking Services

9. Analytics and Research / Data Management / Risk Management

10. Accounting

11. Identification

12. Online-pawning

13. InsurTech

14. RegTech

15. Initial Coin Offerings (ICOs)

Disclaimer:
The information in this guide provides a general overview at the time of publication and is not intended to be a comprehensive review of all legal developments nor should it be taken as opinion or legal advice on the matters covered. It is for general information purposes only and readers should take legal advice from a Multilaw member firm.

Publication Date: 1 May 2018