Equity Crowdfunding Apps

Equity Crowdfunding was established to increase accessibility of the average man to investment opportunities available. This was once a privilege reserved for People accredited by the SEC, to apply you have to earn above $200,000, have a net worth above $1000000, or have certain professional certifications or credentials. Luckily due to recent changes in legislation, this restriction was loosened, and unaccredited people can take part in investing.

Because it provides a persuasive win-win situation for both investors and creators, it is one of the more prominent atypical startup financing choices for early-phase enterprises.

Equity crowdfunding platforms, provide investors who aren’t averse to risk with equity offerings that, should the firms behind them succeed, could skyrocket in significance over time — especially if they decide to trade publicly (IPO). They also give funding to capital-hungry entrepreneurs at a crucial time when banks, private equity firms, and even some venture capitalists are hesitant to.

APP SELECTORS

To make it even more accessible, many creators of successful crowdfunding platforms decided to build mobile applications that will make it easier for investors to keep track of their activities and get quick alerts of new campaigns or development in an already made investment. Below are some guidelines to help you select a platform that works for you.

1. Know Your Needs

The first thing to do before you start searching for a platform is to take a moment to discover the features necessary for you in a crowdfunding platform. Depending on what your goal is for joining the platform, your answer will be slightly different. Beginners may prioritize features like basic educational resources, comprehensive glossaries, easy access to support staff, those with some experience already under their belt, may want more high-level instruction and opinion-based resources authored by proficient investors and analysts.

2. Narrow the Field

Now, it’s time to whittle down your options a bit. There will be particular features that will be more important for some investors than for others, but there a few things any reliable online platform should have. Is it a Member of the Securities Investor Protection Corporation (SIPC), is it a Member of the Financial Industry Regulatory Authority (FINRA)? What kind of insurance do they provide in case the company fails? Is there any…