How they describe themselves: FundAmerica is a technology, software-as-a-service, and compliance solutions provider to the emerging crowdfunding industry. Our back-end compliance tools, including escrow, AML, payment processing and state dealer representation enable investment advisers, broker-dealers, listing services and other platform types to operate legally and efficiently in their business of technology-driven capital formation pursuant to rules 506(c), 506(b) and, eventually, Reg A+ and rule 4(a)(6) crowdfunding.
How they describe their product/innovation: API and a browser-based, multi-user control panel that funding portals can use to manage their escrow accounts for their offerings, investor subscriptions, cash receipts and disbursements, anti-money laundering and PATRIOT Act results, state blue sky clearance, payment processing and other securities compliance tasks. In other words, the boring but essential stuff every market participant has to do.
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms
Bus. Dev, Press, & Sales.: Scott Purcell, CEO, firstname.lastname@example.org