Remove Aggregator Remove Business Model Remove Finance Remove Finder
article thumbnail

Is crowdfunding legal?

Startup Company Lawyer

In 2005, Kiva launched a micro-finance platform that allows people to lend small amounts of money to entrepreneurs in developing areas. This lending model was further refined, and peer-to-peer lending companies like Prosper emerged in 2006 and Lending Club emerged in 2007. Some companies utilize pure donation models.

SEC 58
article thumbnail

Crowdfunding Bill Stuck in the Senate

Scott Edward Walker

Background As the term suggests, “crowdfunding” is funding from a crowd of people — that is, many people provide small amounts of money to finance something. Indeed, it is unclear whether the Senate will even pass a crowdfunding bill (and, if so, in what form).

SEC 91