Faithin Omaha eBook Collection

Download or read book Equity Crowdfunding and Peer-to-Peer Lending in New Zealand written by James S. Murray and published by . This book was released on 2017 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt: Raising funds from public investors through equity crowdfunding and peer-to-peer lending was legalised in New Zealand in April 2014. The following year saw the registration of six new financial service providers offering financial crowdfunding services, mainly in equity crowdfunding. With only one peer-to-peer lender operating there is still a lot of room for that market to develop, in particular through the introduction of alternative pricing models, larger loans and business lending. While there are five registered platforms equity crowdfunding is currently dominated by two, The Snowball Effect and Pledgeme, each serving distinct market segments. However, if Australia adopts similar rules it will allow crowdfunding platforms targeting both markets an opportunity to take advantage of a larger crowd, changing the competitive environment.