CROWD-FUND-PORT in BIATEC – banking journal

CROWD-FUND-PORT in BIATEC – banking journal

We are proud to announce that the project CROWD-FUND-PORT, that we participate in, has made it to the baking journal published by The National Bank of Slovakia. The latet issue of BIATEC – banking journal features an article titled ‘Crowdfunding’ by Slavomíra Salajová from Creative Industry Forum and Ján Mazúr from Crowdberry. The article introduces CROWD-FUND-PORT as one of the ways that Slovakia and other European partner countries will be  participating in finding further solutions in the sphere of non-bank financing.

„Crowdfunding  is  an  alternative  form  of  financing  that emerged as a result of financial technology (FinTech) developments.  In  the  first  half  of  2017  the  European  Commission launched an open public consultation within the framework  of  the  Capital  Markets  Union  (CMU)  and  the CMU action plan, its aim being to find ways of supporting further FinTech solutions in the area of non-bank financing. One aim of the CMU is to create an optimal environment for ordinary investors in which they can invest their own funds directly in business and social projects of their choice. The Commission is now analysing the conditions and  needs  of  such  environment,  as  well  as  determining what legal regulations will be required. Slovakia will contribute to this endeavour as a member of CROWD-FUND-PORT, a Central European project funded within the Interreg CENTRAL EUROPE programme.“(p. 25)

English summary BIATEC No. 5/2017.

Full article (Slovak) in BIATEC No. 5/2017.