IFB Launches Crowdfunding Platform

Iran Fara Bourse, the junior market for trading bonds and equities, unveiled a crowdfunding platform on Sunday to help facilitate business financing, especially those active in a knowledge-based economy.  
Amir Hamouni, the CEO of IFB, pointed to the willingness of enterprises to tap this novel financing instrument. 
"IFB has reached an agreement in principle with seven companies and issued permits for four to gain finance through crowdfunding," he was quoted as saying by Securities and Exchange News Agency.