One of the forerunners to Equity Crowdfunding launched in the United Kingdom in 1995. The AIM (formerly the Alternative Investment Market) offers a more flexible regulatory environment for smaller companies. The average market capitalization of AIM companies at time of listing is 80 Million Pounds. Small cap stocks in the U.S., that don't benefit from a more flexible regulatory environment, have an average market capitalization of $300 Million to $2 Billion USD. 

As of November 2018, there are 785 companies listed on . . .

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