Netcapital Secures FINRA Approval for Broker-Dealer License

Core Insights - Netcapital Inc. has received approval from FINRA for its subsidiary, Netcapital Securities Inc., to operate as a FINRA-member broker-dealer [1][2] - The approval allows Netcapital Securities Inc. to engage in private placements of securities and referral business, supporting companies in raising equity capital under Regulation A and Regulation D [2][3] - This development positions Netcapital to facilitate larger fundraises and offer a wider range of investment opportunities to its investor base [3][4] Company Overview - Netcapital Inc. is a fintech company that provides a scalable technology platform for private companies to raise capital online and offers private equity investment opportunities to investors [5] - The company also has a consulting group, Netcapital Advisors, which provides marketing and strategic advice while taking equity positions in select companies [5] - The funding portal, Netcapital Funding Portal, Inc., is registered with the SEC and is a member of FINRA [5]