Helsinki’s Invesdor announces today they’re the first crowdfunding platform to pick up up a Markets in Financial Instruments Directive license, lowering their barrier to entry to expand across Europe. The MFiD “passport” means that Invesdor will be regulated by their home state, Finland, and allow them to offer debt and equity crowdfunding services across all 31 EEA countries rather than expanding on a country-by-country basis.
With the news Invesdor points out a 46% crowdfunding market share in the Nordic region, based on a recent report by the University of Cambridge and E&Y, after raising €4.4 million with 30 successful equity crowdfunding projects.
So far Invesdor has raised more than €800,000 through crowdfunding rounds and public grants, and is looking to pick up another €400,000–800,000 for international growth by crowdfunding themselves this May.
