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Crowdo gets full securities crowdfunding licence

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Published Mon, Jul 25, 2016 · 09:50 PM

    Singapore

    HOMEGROWN startups are making a name for themselves. On Monday, crowdfunding platform Crowdo reported that it has received the coveted full licence to conduct securities crowdfunding here, while tech media platform e27 announced that it has raised S$3 million in Series A funding.

    Crowdo said that it had on July 18 received the Capital Market Services (CMS) licence from the Monetary Authority of Singapore (MAS) to facilitate two types of securities crowdfunding - peer-to-peer (P2P) lending and equity crowdfunding - in Singapore.

    CrowdfundingStartups

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