Nedlands-based Advanced Share Registry has purchased 51 per cent of Perth start-up Private Company Platform, which is targeting unlisted companies with multiple shareholders, including those pursuing crowd-sourced funding.
UPDATED: Australian startups will now be able to raise capital via crowdfunding sources after the corporate watchdog today approved the first batch of licences allowing companies to act as intermediaries in the process.
A new capital markets platform that has backers from accounting firm BDO, law firm Steinepreis Paganin, and property group CrowdfundUP plans to target both traditional capital raising deals and the new field of equity crowdfunding.
