GLS Bank Adding a Crowdfunding Platform

Germany’s GLS Bank has launched an equity crowdfunding platform through collaboration with CrowdDesk; GLS Bank will do the due diligence for the platform’s investments and CrowdDesk will primarily focus on the technical infrastructure and business services; the deal sets a precedent for bank crowdfunding partnerships in the equity crowdfunding space and will provide company financing for up to 2.5 million euros ($2.67 million).  Source

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