KoreConX Launches Program to Help Equity & Debt Crowdfunding Portals Mobilize Chinese Investors and Companies#June 02, 2016

TORONTO, ON–(Marketwired – June 02, 2016) – KoreConX is on a mission to help equity and debt crowdfunding portals go truly global, and access China’s accredited investor base as well as its growing companies in need of funding.

Complying with China’s securities-related regulations is paramount for portals considering expansion into this hugely powerful market, but it isn’t easy to navigate without expertise. KoreConX’s Going Global Solutions provides equity and debt crowdfunding portals with a feasibility study of the marketplace, recommendations regarding the legal and regulatory framework, technology deployment requirements, and operations and support.

China’s alternative finance marketplace grows exponentially year over year, and equity and debt portals that aren’t considering expansion risk being left out. 2013 saw $1.73 million invested through equity crowdfunding in China, whereas 2015 saw $1.96 billion, according to Harnessing Potential: 2015 Asia Pacific Alternative Finance Benchmarking Report by the Cambridge Centre for Alternative Finance.

“We’re launching this service because we understand that technologically-speaking, we’re extremely interconnected, and businesses can mobilize globally very early on, but staying compliant with different regional regulations is no easy task,” said President and CEO Oscar Jofre. “Now, investment and raising capital can be truly borderless.”

The Chinese government is keen to enable Chinese investors and the growing middle class to develop investments and business interests overseas, known as their “Go Out” policy. KoreConX brings global expertise to portal expansion, helping facilitate a truly global ecosystem for equity & debt crowdfunding.

About KoreConX

KoreConX is a free all-in-one solution that helps companies navigate the process of raising equity capital, and simplifies shareholder communications to reduce risk. The KoreConX eco-system empowers stakeholders (regulated crowdfunding portals, shareholders, board directors, CEO, CFO, corporate secretary, lawyers, auditors, investor relations, members and 3rd party providers) to manage corporate information from a Single Point of Entry within a secure, hosted application that results in efficient and transparent corporate governance. More information is available at www.koreconx.com.