Oxford Business Law Blog

Hyperfunding is the fundraising of large sums of money in a brief campaign by a company that directly targets consumers or investors via the Internet. In my latest research paper, Hyperfunding, I...

The Platform of the Future? The survival of any organization depends on its ability to outperform competitors and marketplaces in attracting and rewarding talent, ideas and capital. As communication...

The Belgian Law of 18 December 2016 on crowdfunding will enter into force on 1 February 2017.* The crowdfunding law creates a specific status for equity and debt crowdfunding platforms (referred to...

Democratizing access to capital means offering women and minorities the same opportunities that white men enjoy when trying to raise money to start a business. Traditionally, businesses raised money...

Given the well-documented problems of entrepreneurial moral hazard, the recent popularity of crowdfunding, with its defining feature that there is no active financial intermediary who demands partial...

Recent legal reforms have authorized the “crowdfunding” of securities, which is where a company offers stock, bonds or other securities over the Internet, without having to comply with the usual (and...

For over eighty years, US security laws have focused on mandating disclosures to protect investors. The efficacy of this strategy has been hotly debated for decades. Equity crowdfunding as it was...

When the first part of New Zealand’s Financial Markets Conduct Act 2013 (‘the FMC Act’) came into force on 1 April 2014, a new regime for equity crowdfunding was introduced into New Zealand law,...

Much has been written about the regulation of crowdinvesting, and what determines funding success. However, relatively little is known about the contracts that form the basis of crowdinvesting. This...

The first crowdfunding investment offerings in the US include six types of investments: common stock, preferred stock, interest-bearing loans, revenue-sharing arrangements, convertible debt, and...

As a result of the 2008 financial crisis, major credit providers such as banks have become increasingly cautious about making loans for worthy investment projects, particularly to small and medium...

In our recent paper, we develop a framework that highlights the economic rationale for the existence and success of reward-based crowdfunding platforms. Reward-based crowdfunding reflects a consumer-...

In my recent paper, my analysis of recent exemptions to US securities law under the CROWDFUND Act, which allows for limited public solicitation of equity crowdfunding, reveals a legislative design...

This post comes to us from Clare Hughes, Jo Owens, Chris Busby, and Geraint Thomas, all lawyers at Eversheds. The House of Commons Treasury Committee has published letters of response from the FCA...

In the wake of financing shortages resulting from the global financial crisis in 2008, crowdfunding emerged as an alternative capital raising mechanism, particularly for start-up companies. As an...

As part of its Action Plan on building a Capital Markets Union, the European Commission recently published a Staff Working Document entitled "Crowdfunding in the EU Capital Markets Union". The report...

This post comes to us from Scott Farrell (Partner) and Shannon Finch (Partner) at King & Wood Mallesons. FinTech (a combination of “Finance” and “Technology”) is one of the key themes in...