Global Alternative Trading Engine (GATE) Global Impact, an internet-based impact investing platform that is part of US-based GATE Technologies, and Unismart Capital Software, an India-based financial software provider, have established a partnership to integrate their technologies to increase transparency and reporting related to due diligence. The companies plan to provide a platform for “crowdfund investing,” which allows people to pool small amounts of money to fund a small business, usually via the internet. The Fundingroadmap software, developed by Unismart Capital, provides a standardized business plan and due diligence reporting system that entrepreneurs can use to present to potential investors as part of a loan application or as an investing disclosure package. GATE offers online platforms that facilitate transactions ranging from equity investments to the purchase of items traded by collectors.
Financial information for GATE Global Impact and Unismart Capital Software is unavailable.
By Charlotte Newman, Research Associate
Market Wire: “GATE Global Impact and Fundingroadmap Provide Efficiency and Standardization to the New Crowdfunding Industry,” http://www.marketwire.com/press-release/gate-global-impact-fundingroadmap-provide-efficiency-standardization-new-crowdfunding-1700863.htm
MicroCapital.org story, July 23, 2012, “MICROCAPITAL BRIEF: Overseas Private Investment Corporation to Support Financing SMEs in Emerging Markets Through GATE Impact Investment Platform,” https://www.microcapital.org/microcapital-brief-overseas-private-investment-corporation-to-support-financing-smes-in-emerging-markets-through-gate-impact-investment-platform/
MicroCapital.org story, February 2, 2012, “MICROCAPITAL BRIEF: Crowdfunding Platforms Including Peer-to-Peer Model Lead to Increased Reach, Reduced Transaction Costs in Microfinance,” https://www.microcapital.org/microcapital-brief-crowdfunding-platforms-including-peer-to-peer-model-lead-to-increased-reach-reduced-transaction-costs-in-microfinance/
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