what is equity crowdfunding and how is it similar to and different from other forms of crowdfunding
The concept of offering stock through crowdfunding or known as equity crowdfunding (ECF) began to sally in Indonesia. Some new platforms are adopting the concept. There are iii startups officially acquired license form OJK per Dec 2019, namely Santara, Bizhare, and CrowdDana.
Only put, the ECF platform presents to assist business organisation or projects to raise a fund with the crowdfunding mechanism. And so, those who participated (investors) volition receive shares with adjusted percentage.
It'southward similar to an investment, the ones who "plant" their money into a business or project will eventually receive the outcome. Obviously, with various amounts based on different risks.
The FSA has already issued regulations regarding the ECF as stated in POJK Number 37 of 2018 apropos Crowdfunding Services through Information Engineering-Based Stock Offering. It regulates platforms, investors, and the corporeality of money raised from crowdfunding.
Farther details on the ECF platform in Indonesia
Of the iii services which officially obtained OJK license (per December 2019), two of them come with the same concept, namely Santara and Bizhare. Both are creating opportunities for SMEs to offer their shares through platforms and heighten funds. Looking for a different market, CrowdDana allows offering shares/investments in property assets to be more affordable.
Santara'due south CEO, Avesena Reza claims that they currently have the largest distribution of funds, investor base, and publishers. However, he did not reveal the exact number. In fact, Santara's optimism is visible through their plans in 2020.
Starting from building portfolio direction, strengthening run a risk management, network distribution, and calculation applied science into the execution plans to-do-list.
"We've made various improvements in terms of engineering science, such as user feel, easy access, integration with Dukcapil, collaboration with other applied science players. We too programme to implement blockchain applied science subsequently this twelvemonth, as a back-office recording mechanism for all digital assets," Reza explained.
A similar statement comes from Bizhare's Founder & CEO, Heinrich Vincent. He said they already had 35 thou investors from 34 provinces throughout Indonesia by 2020. The distributed fund has reached Rp27 billion, with full dividends to investors reaching Rp1.5 billion per January 2020.
"Our plan in 2020 is to help more SMEs in Indonesia gain more than benefits and rapid expansion, past improving our assay organization while conducting pedagogy and utilizing digital technology to assist them. In addition, we will as well launch a secondary market characteristic for investors, to be able to sell their shares, as well as other surprises that we will inform presently," Vincent added.
Meanwhile, CrowdDana announced two boarding projects successfully funded before this year. The value reached Rp14.half dozen billion and it is probable to increase by at present. In their latest interview with DailySocial, they mentioned in that location will be a new vertical, namely the nutrient and service business organisation.
"From the public and franchise business organisation owners' responses, the demand is huge. On the investor side, investing in a restaurant or service business organisation is also easier to understand, compared to belongings. From the publisher [franchise owner] side, they are to expand the concern but have no admission to fiscal funding," CrowdDana'due south Co-Founder & Main Product and Marketing Officeholder, Stevanus Iskandar Halim said.
The possibility for the ECF industry is getting broad open since some companies have entered the processing stage for a license. Ane of which is Likuid, an ECF platform that offers stock offering services for artistic projects.
Appreciated regulations and education on progress
The regulation issued by FSA is very appreciated by Reza and Vincent. Both agreed on the current beleid is plenty to protect the industry, either for investors, platforms, or businesses. All the same, it still requires coordination to keep the regulation relevant to the current situation in the field.
"To date, the equity crowdfunding regulation in Republic of indonesia is plenty to continue all parties fulfilled, from the Providers, Issuers, or Investors. Although there are even so some things to improve, especially in terms of adjustment to players on field," Vincent said.
Meanwhile, Reza said, "In terms of principle, the issuance of POJK 37 is a quite a skilful step to legitimize that the ECF platform activities are licensed by the regulator or the FSA, non a jutting investment. The regulation that is yet to take its complexity related to the implementation of the ECF is a potential that should be optimized for the organizing platform to innovate / quantum in existing business organisation processes."
Currently, the claiming has been on public educational activity and business owners. In terms of the public, there is an urgency to socialize at that place are other investment options besides golden, mutual funds, or shares on the stock exchange chosen equity crowdfunding. Including understanding the existing regulations and risks.
– Original article is in Indonesian, translated by Kristin Siagian
Source: https://dailysocial.id/post/introducing-equity-crowdfunding-platform-in-indonesia
0 Response to "what is equity crowdfunding and how is it similar to and different from other forms of crowdfunding"
Post a Comment