CrowdBureau Launches P2P Lending and Equity Crowdfunding Price and Total Return Index
NEW YORK,Feb. 11,2019 --CrowdBureau Corporation,a financial technology company and index provider,announced the launch of the CrowdBureau® Peer-to-Peer Lending and Equity Crowdfunding Index (tickers: CBP2P and CBP2PTR). The Index is the first of its kind marketplace lending index that benchmarks the price and total return performance of the peer-to-peer lending and securities-based crowdfunding ecosystem and designed to enable the creation of tradable financial instruments.
Amplify ETFshaslicensed the index as the underlying methodology for an exchange traded fund that offers traders and investors exposure to this fast-growing industry.
The index,which consists of U.S. listed securities,has been back castedto December 31,2017 and is calculated in real time. To be eligible for inclusion in the index,companies must operate in one of the following four segments that comprise the peer-to-peer lending and equity crowdfunding ecosystem as defined by CrowdBureau:
(1) Peer-to-peer lending and equity crowdfunding platforms;
(2) Financial institutions with a dedicated peer-to-peer lending platform;
(3) Social network(ing) platforms that offer or plan to offer peer-to-peer lending or equity crowdfunding services; and,
(4) Providers of technology and software solutions to the peer-to-peer lending and equity crowdfunding industry.
A total of 36 companies are tracked in the index as of December 31,2018.
Key facts
The index uses a modified market capitalization weighted methodology that combines two capitalization weighted segments subject to the asset diversification requirements,and two equal weighted segments to establish an index in which a single constituent and/or the sum of the weights of the securities representing a defined group are constrained to a maximum weight;
Reconstituted and rebalanced quarterly;
Calculated in real time using proprietary CrowdBureau methodology;
Prices in U.S. dollars
"The industry is maturing as more platforms are adopting and complying with the regulations of their respective countries. As of February 8,2019,the index total return performance is up 21.03 percent year-to-date after rebounding strongly following a low reached during the market pullback on December 21,2018. The index is positioned to bring increased transparency,liquidity and distribution to this maturing industry," said Kim Wales,the chief executive officer of CrowdBureau. Ms. Wales is an industry pioneer and subject matter expert on securities-based crowdfunding whose work contributed to the final rules of the U.S. JOBS Act,2012 and other international regulatory frameworks on securities-based crowdfunding,equity and debt.
To keep the market updated on the performance of the index and the P2P lending industry,CrowdBureau produces proprietary weekly and monthly research that can be downloaded atwww.crowdbureau.com.
For information on how to license the index and family of indices,visitwww.crowdbureau.com,call +1.212.736.6884 or emailinfo@crowdbureau.com.
About CrowdBureauCorporation
CrowdBureau Corporation provides data,analytics,asset and risk management tools that encapsulate domestic and international regulatory mandates for the peer-to-peer lending and securities-based crowdfunding industry. Marketplace P2P lending and securities-based crowdfunding platforms,regulators,financial institutions such as banks,traders,and money managers rely on CrowdBureau's suite of products.
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