york united states services financial technology website fundamerica.com fundamerica is new york based company which offers back office financial technology services for the crowdfunding industry . originally founded in 2012 as arctic island the name was changed in 2013 to fundamerica after acquiring the domain fundamerica.com . 1 fundamerica is made up of 3 entities a parent company fundamerica technologies llc and two wholly owned subsidiaries fundamerica securities llc an sec registered finra member sipc insured broker dealer ; & fundamerica stock transfer llc an sec registered transfer agent . in 2013 a second round of funding raised 1.4 million to help bring the crowdfunding platform to market . 2 collectively the firms service broker dealers investment advisers and large serial issuers who raise capital online by selling securities pursuant to titles ii iii and iv of the jobs act now known as the 506 c 4 a 6 and reg a exemptions to the securities act of 1933 services provided include securities escrow anti money laundering checks on domestic and international investors bad actor checks on issuers broker dealer execution trade clearance transfer agent and other backoffice services . unrelated multi level marketing company edit fundamerica was also the name of an unrelated irvine california based multi level marketing company which went bankrupt in 1991 . 3 the company s founder pleaded no contest to federal fraud charges related to running a pyramid scheme in 1994 . 4 references edit http www.fundamerica.com blog first news post http www.crowdfundinsider.com 2013 06 17731 fundamerica raises 1 4 million from angel group crouch gregory 15 may 1991 . bankruptcy judge schedules auction for fundamerica . los angeles times . retrieved 30 may 2016 . flagg michael 26 january 1994 . fundamerica pleads no contest to reduced charge in florida . los angeles times . retrieved 31 may 2016 . retrieved from https en.wikipedia.org w index.php title fundamerica & oldid 740724926 categories collaborative financeinternet terminologypayment systemstechnology in societycrowdfundingfinancial technologyamerican companies established in 20122012 establishments in new york navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 22 september 2016 at 21 52 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view