Tagged: youngro lee

February 8, 2024 @ 10:56 am By Omar Faridi  |  

Digital asset firm BitGo is moving into the more traditional securities sector. According to a corporate release, Bitgo has acquired Brassica – a Fintech providing digital infrastructure services to facilitate private securities and other alternative investments. Details of the transaction were not immediately available. Focusing on institutions,… Read More

April 12, 2023 @ 10:29 am By JD Alois  |  

Brassica, a Fintech that holds Wyoming Trust Charter, has raised $8 million in Seed funding having emerged from stealth. Leveraging proprietary technology, Brassica aims to provide scalable “investment infrastructure as a service” via “Web 2.5.” The funding was led by Mercury Fund, with the participation… Read More

February 10, 2023 @ 12:46 pm By JD Alois  |  

Republic, a US-based online capital formation platform, now operating in Europe, has launched the website for Republic Asia. Last year, Republic closed on its acquisition of Seedrs – a large UK-based platform that has also been operating on the European continent. In March of 2022,… Read More

July 17, 2022 @ 3:00 pm By JD Alois  |  

The Association of Online Investment Platforms (AOIP) has forwarded a letter to members of Congress in support of the JOBS Act 4.0 legislation. In the spring of 2022, Republicans on the Senate Banking Committee submitted draft legislation on the 10th Anniversary of the JOBS Act… Read More

April 11, 2022 @ 6:00 pm By JD Alois  |  

Last week, Republic officially announced its long-anticipated expansion into Asia. The company has previously expressed its intent to move into other geographies. Last year, Republic made its first big leap into Europe via the acquisition of Seedrs, a UK-based investment crowdfunding platform that has long-listed… Read More

December 21, 2020 @ 11:21 am By JD Alois  |  

  Last month Republic, a leading investment platform and crowdfunding marketplace, announced it had acquired the assets of NextSeed small business investment platform for an undisclosed amount. NextSeed co-founder and CEO Youngro Lee became Chief Operating Officer of Republic while remaining CEO of NextSeed Securities… Read More

November 16, 2020 @ 3:26 pm By JD Alois  |  

Republic, a leading investment platform and crowdfunding marketplace has acquired the assets of NextSeed small business investment platform for an undisclosed amount. NextSeed co-founder and CEO Youngro Lee will become Chief Operating Officer of Republic while remaining CEO of NextSeed Securities for the foreseeable future…. Read More

November 11, 2020 @ 3:28 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) Small Business Capital Formation Advisory Committee met this week to discuss the topic of “Finders.” A Finder is an individual who helps a small business find investors and may be paid a fee for this service. Under existing rules,… Read More

September 8, 2020 @ 11:10 pm By JD Alois  |  

In a public statement, the Association of Online Investment Platforms (AOIP) has asked the Securities and Exchange Commission (SEC) to move quickly and to improve the regulatory environment to support small businesses during the ongoing COVID-19 health crisis. Addressed to SEC Chairman Jay Clayton, and… Read More

August 10, 2020 @ 3:04 pm By JD Alois  |  

NextSeed, an online investment platform offering securities under the full stack of securities exemptions, has announced a new ESG fund as part of its ongoing partnership with Collaboration Capital. In late 2019, NextSeed announced a merger with Collaboration Capital described as a move to create… Read More

July 23, 2020 @ 10:46 am By JD Alois  |  

NextSeed is a securities crowdfunding platform that launched as a bank replacement – SME lending service operating under Reg CF. Over time, NextSeed has evolved offering additional services as well as facilitating capital under all three crowdfunding exemptions – Reg D 506c, Reg A+ as… Read More

July 6, 2020 @ 8:58 pm By JD Alois  |  

Not too long ago, the Securities and Exchange Commission (SEC) concluded the comments phase of a proposal to update, and hopefully improve, rules pertaining to the exempt offering ecosystem. This includes Reg A+, Reg CF, and Reg D (506c), each a variant of online capital… Read More

April 2, 2020 @ 2:14 pm By JD Alois  |  

Earlier this week the SEC Office of the Advocate for Small Business Capital Formation announced a series of  “virtual coffee breaks” to engage with the public to discuss updates, trends, and perspectives on how COVID-19 is impacting raising capital. The very first virtual gather is… Read More

April 2, 2020 @ 1:57 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) Small Business Capital Formation Advisory Committee met today in a teleconference to discuss the impact of COVID-19 and small business. In brief, several Committee members expressed the opinion that it is going to be really bad. Martha Legg Miller,… Read More

March 25, 2020 @ 7:00 pm By JD Alois  |  

On March 4th the Securities and Exchange Commission (SEC) published a proposal to amend multiple securities exemptions. If enacted, the proposed amendments would be the largest changes to securities law since the passage of the JOBS Act, and will strengthen the small business and startup… Read More

March 6, 2020 @ 9:50 am By JD Alois  |  

This week the Securities and Exchange Commission released a proposal to amend multiple securities exemptions. The proposed amendments to the exemption ecosystem may dramatically impact online capital formation for the better. These changes could make it easier for firms to raise money online while helping… Read More

March 4, 2020 @ 4:56 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) proposed meaningful changes to multiple securities exemptions today. The pending rule change came following a closed meeting of the Commission without a public agenda. The proposals may dramatically impact platforms that facilitate online securities offerings and benefit smaller companies… Read More

December 24, 2019 @ 12:07 pm By JD Alois  |  

Earlier this month, Crowdfund Insider reported on NextSeed’s first Reg D offering for a real estate investment. NextSeed started life as a platform acting as a bank replacement. Small businesses could raise debt capital, first under the Texas intrastate exemption (no longer in use) and… Read More

December 24, 2019 @ 11:40 am By JD Alois  |  

The number of FINRA regulated “funding portals,” investment crowdfunding platforms that have been approved to issue securities under Reg CF, has continued to move upward since the new entity was created under the JOBS Act of 2012. Today, there are well over forty funding portals…. Read More

December 18, 2019 @ 2:23 pm By JD Alois  |  

Today, the Securities and Exchange Commission (SEC) held a public meeting to discuss, and vote on, various rules impacting the securities markets. Included in the meeting was an update to the definition of an accredited investor. Currently, the definition is determined by a wealth metric…. Read More