Establishing a basis for European crowdfunding service providers

Crowdfunding, an open call to the wider public for raising money online, can help ensure that both individuals and companies get access to finance, especially in the early growth stages of their projects or business. Currently, different legislative frameworks are in force in the Member States of the EU, which results in cross-border investments remaining limited and service providers not scaling up their operations. To remedy this the Commission published recently two legislative proposals.

Source: © European Union - EP