Crowdfunding platforms are very popular and favorable due to political measures.
3 entities are in charge of crowdfunding's regulation:
- the ACPR
- the ORIAS “Organisme pour le Registre unique des Intermediaires en Assurance Banque et Finance” (Unique registry of intermediaries in insurance, banking, finance) that grants licenses for specific services)
- the AMF
Each kind of crowdfunding needs a specific license.
France is the European leader for alternative financing, more specifically in Crowdfunding.
Example of crowdfunding entities:
Recent regulation : 2014 that continues to evolve.
318% growth between 2013 and 2015 for online alternative financing services in France.>/p>