Welcome!

News Feed Item

BANQ Selects ieCrowd for First Private Placement Offering on New Digital Investment Platform

ieCrowd, the discovery-to-market commercialization platform for innovations that solve global challenges, and BANQ, the electronic investment-banking platform that matches accredited investors with alternative investment opportunities, a division of TriPoint Global Equities, today announced that ieCrowd will be the initial company BANQ has selected to raise capital through a private placement offering on the BANQ platform.

Historically, access to private placements has been limited to only a few select investors. Opportunities for individuals were limited due to regulations restricting mass marketing of these types of offerings. As individuals have become more savvy investors, as a result of social media and greater access to information and data, being left out of these opportunities has become a bigger concern for many.

Utilizing the new general solicitation and advertising rules promulgated by the SEC in response to the passage of the Jumpstart Our Business Startups (JOBS) Act of 2012, BANQ is leveling the playing field by widely marketing and granting access to offers that were previously shared with only a limited number of investors and institutions. Officially launched today, BANQ is delivering a technology platform that provides accredited, individual investors early and expanded access to exciting investment opportunities with emerging companies in rapidly growing industry sectors. The principals behind this division of a New York-based FINRA member Broker-Dealer registered with the SEC have more than 25 years of capital markets and investment banking experience.

BANQ’s platform takes the entire public and private offering process online and provides instantaneous confirmation of all investment transactions. BANQ offers access to registered public offerings, like IPOs and secondary offerings, and private placements like ieCrowd’s. In addition, it offers low-priced trading commissions, as low as $0.99 and $3.95 per trade. By charging a low commission, BANQ is making investing even more accessible to the growing number of individual investors.

As a company dedicated to providing greater access to unique and innovative companies, ieCrowd was a natural choice for BANQ’s first transaction. ieCrowd’s business model offers a unique opportunity for qualified investors to invest in some of the world’s most promising discoveries developed by world class research universities and institutions, while mitigating some of the inherent risks typically associated with early stage ventures. The company identifies innovative life and health technologies developed by top-tier universities and innovators, obtains the exclusive rights to such innovations, and then rapidly mobilizes a business infrastructure to bring these disruptive technologies to the global market. By leveraging a network of global partners, along with a dedicated team with extensive business and product development experience, ieCrowd is able to offer a unique, diversified and efficient investment platform to qualified investors with an appetite for “doing good and doing well.”

By partnering together, ieCrowd and BANQ are able to bring the world’s newest life sciences and healthcare discoveries sourced from some of the top research universities directly to investors. Through its unparalleled transparency and access, BANQ is challenging the status quo of investment banking, empowering individual investors and forever changing the way individuals gain access to some of today’s most innovative companies.

“We’re thrilled to offer our investors an unparalleled opportunity to get involved with ieCrowd early in the company’s growth stage,” said Mark H. Elenowitz, CEO and founder of BANQ. “BANQ is positioned to become a premier investment portal, providing secure, seamless and compliant introductions of accredited investors to high-growth companies and alternative investment opportunities, such as ieCrowd, and we’re excited to launch the platform to the investing public.”

“BANQ is an ideal partner for ieCrowd with the right team and a pioneering platform which will help us meet immediate goals, and enable us to ultimately implement our vision to democratize investing in early stage promising discoveries,” stated Amro Albanna, founding chairman and CEO of ieCrowd. “Continued funding is critical as we accelerate our acquisition and development of life and health innovations. We are excited about this opportunity to offer our private placement through BANQ and believe that this is just the start of many great initiatives to come.”

To learn more about ieCrowd’s private placement offering, please visit www.banq.co.

About ieCrowd

ieCrowd transforms breakthrough life and health discoveries into global solutions that have the potential to impact the lives of people around the world. ieCrowd's platform combines entrepreneurship and the collective power of the Crowd. It follows a three-pronged approach by working with top-tier research universities to identify breakthrough discoveries, mobilizing a business infrastructure to rapidly develop innovations into solutions and launching products to a global market via strategic partners. The Crowd plays an integral role in each stage of ieCrowd’s mission to solve global challenges – from crowd-sourced innovations to crowd-funding, and crowd-supported product development to crowd-sourced market solutions. Founded in 2010, ieCrowd has established a global ecosystem of institutions, government agencies, universities, non-profits, companies and individuals – all committed to supporting ieCrowd’s vision and mission. For more information about ieCrowd visit www.iecrowd.com.

About TriPoint Global Equities and its division BANQ

TriPoint Global Equities, LLC, ("TriPoint"), is a FINRA member and leading boutique full service investment bank that provides companies with capital raising and corporate and strategic advisory services. TriPoint has created BANQ, a newly launched division that is an electronic investment banking platform that streamlines the matching of accredited investors with quality growth companies and alternative investment opportunities. BANQ provides accredited investors access to exciting companies with exposure to rapidly growing sectors and new technologies. BANQ takes the entire public and private offering process digital and online, providing access to U.S. opportunities and offerings in the U.S. markets. BANQ widely markets its offerings utilizing the new general solicitation and advertising rules promulgated by the U.S. Securities & Exchange Commission, in response to the passage of the JOBS Act of 2012. In addition BANQ will offer some of the lowest trading costs in the industry at $.99 and $3.95. TriPoint Global maintains specialized practices in institutional private placements, sales and trading, mergers and acquisitions, and corporate finance. TriPoint has offices in New York City, Jericho, NY, Akron, OH, Beijing, China and Washington, D.C. For more information on TriPoint and BANQ, visit www.banq.co and www.tripointglobalequities.com.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
We’ve worked with dozens of early adopters across numerous industries and will debunk common misperceptions, which starts with understanding that many of the connected products we’ll use over the next 5 years are already products, they’re just not yet connected. With an IoT product, time-in-market provides much more essential feedback than ever before. Innovation comes from what you do with the data that the connected product provides in order to enhance the customer experience and optimize busi...
SYS-CON Events announced today that Ericsson has been named “Gold Sponsor” of SYS-CON's @ThingsExpo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. Ericsson is a world leader in the rapidly changing environment of communications technology – providing equipment, software and services to enable transformation through mobility. Some 40 percent of global mobile traffic runs through networks we have supplied. More than 1 billion subscribers around the world re...
Much of the value of DevOps comes from a (renewed) focus on measurement, sharing, and continuous feedback loops. In increasingly complex DevOps workflows and environments, and especially in larger, regulated, or more crystallized organizations, these core concepts become even more critical. In his session at @DevOpsSummit at 18th Cloud Expo, Andi Mann, Chief Technology Advocate at Splunk, will show how, by focusing on 'metrics that matter,' you can provide objective, transparent, and meaningfu...
Increasing IoT connectivity is forcing enterprises to find elegant solutions to organize and visualize all incoming data from these connected devices with re-configurable dashboard widgets to effectively allow rapid decision-making for everything from immediate actions in tactical situations to strategic analysis and reporting. In his session at 18th Cloud Expo, Shikhir Singh, Senior Developer Relations Manager at Sencha, will discuss how to create HTML5 dashboards that interact with IoT devic...
Artificial Intelligence has the potential to massively disrupt IoT. In his session at 18th Cloud Expo, AJ Abdallat, CEO of Beyond AI, will discuss what the five main drivers are in Artificial Intelligence that could shape the future of the Internet of Things. AJ Abdallat is CEO of Beyond AI. He has over 20 years of management experience in the fields of artificial intelligence, sensors, instruments, devices and software for telecommunications, life sciences, environmental monitoring, process...
See storage differently! Storage performance problems have only gotten worse and harder to solve as applications have become largely virtualized and moved to a cloud-based infrastructure. Storage performance in a virtualized environment is not just about IOPS, it is about how well that potential performance is guaranteed to individual VMs for these apps as the number of VMs keep going up real time. In his session at 18th Cloud Expo, Dhiraj Sehgal, in product and marketing at Tintri, will discu...
Digital payments using wearable devices such as smart watches, fitness trackers, and payment wristbands are an increasing area of focus for industry participants, and consumer acceptance from early trials and deployments has encouraged some of the biggest names in technology and banking to continue their push to drive growth in this nascent market. Wearable payment systems may utilize near field communication (NFC), radio frequency identification (RFID), or quick response (QR) codes and barcodes...
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
In his session at 18th Cloud Expo, Sagi Brody, Chief Technology Officer at Webair Internet Development Inc., will focus on real world deployments of DDoS mitigation strategies in every layer of the network. He will give an overview of methods to prevent these attacks and best practices on how to provide protection in complex cloud platforms. He will also outline what we have found in our experience managing and running thousands of Linux and Unix managed service platforms and what specifically c...
SYS-CON Events announced today that Fusion, a leading provider of cloud services, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Fusion, a leading provider of integrated cloud solutions to small, medium and large businesses, is the industry's single source for the cloud. Fusion's advanced, proprietary cloud service platform enables the integration of leading edge solutions in the cloud, including cloud...
In his session at @ThingsExpo, Chris Klein, CEO and Co-founder of Rachio, will discuss next generation communities that are using IoT to create more sustainable, intelligent communities. One example is Sterling Ranch, a 10,000 home development that – with the help of Siemens – will integrate IoT technology into the community to provide residents with energy and water savings as well as intelligent security. Everything from stop lights to sprinkler systems to building infrastructures will run ef...
SYS-CON Events announced today that Peak 10, Inc., a national IT infrastructure and cloud services provider, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Peak 10 provides reliable, tailored data center and network services, cloud and managed services. Its solutions are designed to scale and adapt to customers’ changing business needs, enabling them to lower costs, improve performance and focus inter...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
So, you bought into the current machine learning craze and went on to collect millions/billions of records from this promising new data source. Now, what do you do with them? Too often, the abundance of data quickly turns into an abundance of problems. How do you extract that "magic essence" from your data without falling into the common pitfalls? In her session at @ThingsExpo, Natalia Ponomareva, Software Engineer at Google, will provide tips on how to be successful in large scale machine lear...
SYS-CON Events announced today that DatacenterDynamics has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY. DatacenterDynamics is a brand of DCD Group, a global B2B media and publishing company that develops products to help senior professionals in the world's most ICT dependent organizations make risk-based infrastructure and capacity decisions.