18 leading CrowdInvesting platforms have integrated the BancBox


bancboxSan Mateo, CA – BancBox, a leading payment services provider, announces today that 18 leading CrowdInvesting platforms have integrated the BancBox Invest API. On top of that, more than $4 Million has been processed on behalf of its partner platforms and that over a dozen offerings have been completed via the Invest API.

BancBox Invest (previously BancBox Crowd) is the only cloud-based, automated, independent escrow solution that ensures that CrowdInvesting portals remain in compliance with FINCEN, FINRA and SEC requirements, specifically Rule 15c2-4. BancBox’s solution was the first independent escrow service to hit the market and has leveraged its first mover advantage to sign up an all-star roster of partner platforms that includes debt, equity, angel-investing and real-estate platforms.

BancBox partners include:

  • 99 Funding
  • Angel RoundUp
  • Brandups
  • CommunityLeader
  • Crowdbrewed
  • CrowdValley
  • EquityNet
  • FilmFunder
  • FlashFunders
  • GroundBreaker
  • iFunding
  • LocalStake
  • Patch of Land
  • SeedInvest
  • SparkMarket

BancBox has seen incredible adoption among investors on its first partner platforms with the service processing over $4 million in investments. Additionally, the company announced several additional milestones:

  • Over a dozen deals closed implementing the service
  • Over 300 accredited investors in the system on 20 different deals
  • Average investor funding of approximately $15,000
  • Average escrow size of $250,000

“BancBox Invest is a linchpin technology that is helping an entire industry to find its legs. We are excited to have signed up 18 of the leading CrowdInvestment platforms that are helping to usher in this revolution and are displaying incredible leadership and innovation,” said Sanj Goyle, CEO of BancBox. “These platforms represent half of the top-tier CrowdInvestment platforms that we identified when launched the API a few months ago.”

The company is tapping into more than a decade of experience building robust payment solutions, as it rolls out its Invest platform across the industry. Partner platforms look to BancBox for its expertise navigating complex regulatory frameworks and providing rock-solid payment security.

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About Stephen G. Barr, Group Publisher

Author, Syndicated Columnist, Editor In-Chief and Group Publisher at SGB Media Group, a social media marketing firm specializing in digital media content production, publishing, affiliate marketing, public relations and advertising. Over 25 years experience in retailing, advertising, website & online forum development, niche social networking, affiliate marketing, search optimization, branding and identity, site location, non-profit fund raising. Event planning, promotion, production and MC/Host at public events. Author, Editor & Publisher of 35 syndicated, digital publications utilizing multiple digital distribution channels in conjunction with launching and administrating national advertising campaigns for major Fortune 500 advertisers in partnership with Google, Ning, Facebook, Myspace, Yahoo, DoubleClick, LinkShare, PepperJam and other industry leading third party affiliate networks. Product development team member from conception to launch on many websites, tangible goods and organizational structure for start ups. Specialties: Public relations, retailing, advertising, website & online forum development, niche social networking, blogging, email campaigns, affiliate/performance marketing, search optimization, branding and identity, site location, event production & promotion, non-profit fund raising and tasteful, responsible adult content publishing. An internationally recognized and read social media columnist & pundit on The Examiner, Associate Content, Vator.tv, X-Biz.net and Technorati and his own affiliated sites.
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