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  • LONDON (4/15/14)--Facebook is seeking regulatory approval in Ireland to be allowed to launch financial services that would enable people to make payments and store money through the online social networking website ( Financial Times via MarketWatch April 14).  Beyond that, it is reported that Facebook is also looking to partner with online money transfer businesses in London. Facebook did not comment ...
  • GRAND RAPIDS and MUSKEGON, Mich. (4/15/14)--In Michigan, where the Michigan Invests Locally Exemption Act allows individual unaccredited investors to invest into a new or existing business--although with a $10,000 cap that does not apply to accredited investors--crowdfunding advocates are putting together a conference in each of these cities to educate interested parties about how the practice works now that it is legal in the state. The duo of conferences is being dubbed CrowdCon. They will outline for participants everything from legal considerations, to ways to promote a campaign for a small business, to raising capital, to the role financial institutions can take in the Crowdfunding process ( MiBiz April 14). A group that is organizing one of the conferences says it hopes the event encourages West Michigan's small businesses to keep crowdfunding in mind as a way to raise capital ...


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