NexTrend Takes On Crowdfunding

Dallas-based NexTrend Technologies said this morning that it has launched a new, online crowdfunding platform aimed at helping entrepreneurs raise money for their projects. The company--which faces a formidable number of similar, crowdfunding sites--said it does not offer up a project success fee for its platform, and that it plans to offer up an equity crowdfunding service once the SEC and FINRA implement rules to approve equity crowdfunding. NexTrend is looking to go up against such sites as Kickstarter, Indiegogo, and others in attracting entrepreneurs looking to crowdfund their projects.