First ASEAN Equity Crowdfunding platform launches

14 Nov 2015: CrowdPlus, the first ASEAN equity crowdfunding platform, announced its launch yesterday. Crowdplus was one of the initial six platforms approved by the Malaysian Securities Commission in June. The new platform will partner with established VC firm Netrove Ventures, which has five offices across the region and operate using a group of lead investors. Teh Kim Seng, the firm’s Malaysian Chair, said they would be selective about the firms that can raise funds through the platform.

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