Crowdfunding platforms will now have integrated verification capabilities embedded in the transactional process to seamlessly complete the sale of security in a safe and compliant online environment
Los Angeles, CA (PRWEB) September 19, 2014
CommunityLeader, Inc. and Verify Investor, LLC are pleased to announce a strategic partnership to provide crowdfunding and private placement platform operators with an integrated solution for verifying investor accreditation status which meets the SEC's “reasonable steps” standards required for all companies conducting Rule 506(c) capital raises.
“VerifyInvestor.com is proud to partner with CommunityLeader in developing a unique solution in the crowdfunding space,” said Jor Law, co-founder Verify Investor, LLC. “Where many players are cutting corners, it is our pleasure to find a partner like CommunityLeader who demonstrates the same commitment to legal compliance, safety, and security as we do.”
The CommunityLeader/VerifyInvestor.com integrated accreditation verification solution accelerates the investment transaction process while protecting the privacy of investors and shielding companies from the potential risks of noncompliance, including enforcement action and the possibility of having to return funds to disgruntled investors. “CommunityLeader prides itself on building portals that protect its clients and their users,” said Joseph Barisonzi, co-founder and CEO of CommunityLeader. “We investigated many verification providers before choosing to partner with VerifyInvestor.com because we believe their product is the most reliable and safest for our clients and their users.”
“The importance of this partnership is critical to us providing the best user experience available,” said Scott Bachman, CMO of CommunityLeader. “Moreover, our strategic relationship with VerifyInvestor.com is another key component that will help us scale portal platform development to meet the expected market demand in the emerging securities-based crowdfunding industry.”
About VerifyInvestor.com
VerifyInvestor.com was started by an investment banker and a corporate and securities attorney. Their verification solution provides a fast, easy, and cost-effective method of compliance for companies seeking to verify their investors as accredited investors while providing those same investors peace of mind that their information is confidential and protected. “We are the online resource for accredited investor verifications trusted by broker-dealers, law firms, companies, and investors who insist on safety and reliability,” continued Jor Law. “Also, as entrepreneurs and investors ourselves, we understand the headaches involved with raising capital and investing. That's why we've developed VerifyInvestor.com.”
About CommunityLeader
CommunityLeader is a software and service provider for broker-dealers and other organizations that want to effectively link private companies and prospective investors into a platform for the regulatory compliant facilitation of securities-based crowdfunding offerings. They develop, launch and support custom white-labeled portal platforms that encompass both platform operator's unique brand and their crowdfunding ecosystem. For more information, visit http://www.communityleader.com.
For the original version on PRWeb visit: http://www.prweb.com/releases/2014/09/prweb12180455.htm
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