NEW YORK, Nov. 30, 2016 /PRNewswire/ — Funding Wonder Crowd, LLC, the operator of an online lending platform focused on small business loans, has been approved by FINRA (the Financial Industry Regulatory Authority) as a licensed Regulation Crowdfunding Funding Portal. This means that anyone aged 18 or older will now be able to invest in private debt securities offered by small to medium businesses on the Funding Wonder marketplace subject to 12-month investment limits. The new site will go live on January 16, 2017.
Funding Wonder Crowd affiliate, Funding Wonder Capital, LLC operates a business lending site at fundingwonder.com that offers high net worth “accredited” investors the ability to invest in small business loans. Recently, with the adoption of Regulation Crowdfunding under the Jumpstart our Business Startups Act of 2012 (JOBS Act), the SEC and FINRA have been registering funding portals to offer investments in private companies to the general public. Funding Wonder Crowd is in the process of onboarding the initial business loan offerings for the new portal which will take over the current site at fundingwonder.com.
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