Country for PR: United States
Contributor: PR Newswire New York
Wednesday, September 04 2019 - 14:00
AsiaNet
CrowdBureau Corporation Closes $1.1M Series A Equity Funding with $9.7M Valuation
NEW YORK, Sept. 4, 2019 /PRNewswire-AsiaNet/ --

- Clydagh Limited, Estuary Holdings Ltd., and Alpama Limited Lead Investment 

CrowdBureau Corporation announced today that it had completed a Series A equity 
funding round with a $9.7 million valuation led by Clydagh Limited, Estuary 
Holdings Ltd. and Alpama Limited along with existing investors. The company 
provides benchmarks, research, and data analytics ( 
https://www.crowdbureau.com/ ) for publicly listed and non-listed opaque asset 
classes and risk management tools for digital lending markets. Terms of the 
deal were not disclosed.

Logo - https://mma.prnewswire.com/media/969548/CrowdBureau_Logo.jpg

CrowdBureau will use the new capital to expand its series of benchmarks and 
launch a pilot program for its patent-pending regulatory technology product. 
The CrowdBureau Alert System (CAS(R)) is an early-stage risk detection system 
that helps P2P marketplace lenders and other digital finance companies comply 
with global regulatory mandates related to borrower and lender capital 
threshold limits. 

Through a proprietary method of daily data collection, consolidation, and 
unification of the data, CrowdBureau measures the value, volume, and interest 
rates of the marketplace lending industry. Customized research, and the 
leading, lagging, and coincidence indicator signals, are derived in part from 
this data collection for global market players interested in these alternative 
lending sources. 

"CrowdBureau offers peer-to-peer marketplace lenders, financial institutions 
and asset managers sophisticated tools and services they require to become and 
remain compliant and transparent in today's fast-paced business environment," 
said Pa Nolan, Director at Clydagh Limited and a CrowdBureau Advisory Board 
Member after the transaction.

At the end of 2018, the company released the CrowdBureau(R) Peer-to-Peer 
Lending and Equity Crowdfunding Index that tracks the price and total return 
performance of publicly traded firms domiciled across the globe but listed for 
trading in the United States that comprise four segments in the P2P lending 
ecosystem. This benchmark underpins the exchange traded fund, LEND 
(https://amplifyetfs.com/lend ) that Amplify ETFs launched on May 9, 2019, and 
listed on the New York Stock Exchange. 

"We are delighted to have investors of this caliber helping us to build the 
company," said Kim Wales, CEO, and founder of CrowdBureau. "We plan to create a 
family of Indices for publicly traded companies and grow the company around 
private-capital including non-listed asset classes such as marketplace lending 
that includes consumer loans, small business loans, real estate loans, student 
loans, and agriculture loans. The goal is to enhance risk management, 
transparency, distribution, and liquidity to savers, borrowers, and lenders."

Non-listed asset classes in the private capital markets have been a driving 
force for CrowdBureau since the Jumpstart Our Business Startups Act (JOBS Act), 
2012 launched was enacted in the United States, and various other countries 
adopted similar policies and regulations. 

About CrowdBureau Corporation

CrowdBureau Corporation collects, consolidates, and unifies data from 
marketplace lenders globally and provides benchmarks, research and data 
analytics, and risk management tools for non-listed opaque asset classes. Kim 
Wales, a securities-based crowdfunding pioneer, founded CrowdBureau after 
spending four years providing comment letters that were cited over 100 times 
for the final rules adopted for Title III and IV of the JOBS Act 2012.  
CrowdBureau Corporation serves peer-to-peer lenders, regulators, financial 
institutions, and asset managers. For information, visit CrowdBureau at 
https://www.crowdbureau.com. 

CrowdBureau is a trademark of CrowdBureau Corporation. All other company and 
product names may be trademarks of the respective companies with which they are 
associated.

Media Contact: 

Ms. Charlotte Luer 
+1-239-404-6785 
charlotte@crowdbureau.com 

SOURCE  CrowdBureau Corporation  
Translations

Japanese