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PledgeMe and Snowball Effect get first equity crowd funding licences

Snowball also kicks off its first issue, with craft beer maker Renaissance Brewing seeking to raise up to $700,000 with a crowd-listing that values it at $5 million.

Calida Smylie
Thu, 31 Jul 2014

PledgeMe and Snowball Effect are the first equity crowd funders to be licensed to act as intermediaries between companies wanting to sell shares and investors wanting to buy.

This morning, the Financial Markets Authority issued its first licenses under the Financial Markets Conduct Act 2013 for

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Calida Smylie
Thu, 31 Jul 2014
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PledgeMe and Snowball Effect get first equity crowd funding licences
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