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Part I Sketching a Legal Taxonomy of Crowdfunding, 1 Introduction: Keep Calm and Continue Crowdfunding

Pietro Ortolani, Marije Louisse

From: The EU Crowdfunding Regulation

Edited By: Pietro Ortolani, Marije Louisse

From: Oxford Legal Research Library (http://olrl.ouplaw.com). (c) Oxford University Press, 2023. All Rights Reserved.date: 04 March 2024

Subject(s):
Financial regulation — Alternative investment fund

This introductory chapter provides an overview of the EU Crowdfunding Regulation. Over the past ten years, technology has reshaped economic relationships on a global scale. One of the most notable developments in this respect is the rise of crowdfunding, which increasingly allows a wide range of ventures to receive funding through a variety of internet-based financing channels, rather than through the traditional vehicles of corporate finance. With the adoption of Regulation 2020/1503 (Crowdfunding Regulation), the EU aims at levelling the playing field for crowdfunding services, providing legal certainty and facilitating access to capital for companies (especially in the start-up phase). The chapter then distinguishes among different varieties of crowdfunding, looking at the different purposes that crowdfunding can serve.

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