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SGX, Clearbridge to launch equity crowdfunding platform
It is open only to accredited investors and aims to help growth-stage firms in Asia to raise Series A and B money
Published Mon, Jan 26, 2015 · 09:50 PM
Singapore
SINGAPORE Exchange (SGX) is partnering venture capital and incubation firm Clearbridge Accelerator (CBA) to develop an equity crowdfunding (ECF) platform for entrepreneurs and SMEs to raise capital.
Believed to be the first such platform led by a stock exchange, it allows individual investors to invest in companies in return for shares.
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