Legislative proposal for an EU framework on crowd and peer to peer finance
Banking and financial services
Broadening access to finance for innovative companies, start-ups and other unlisted firms is at the heart of the CMU Action Plan. However, investment finance remains difficult for these companies, particularly when they move from start-up into the expansion phase. Alternative sources of finance such as crowd and peer-to-peer finance ('crowdfunding') can be an important source of non-bank financing in support of innovative companies and start-ups provided that appropriate safeguards are in place.
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