A Discussion with Oliver Gajda of the European Crowdfunding Network: Expect Platform Consolidation & Cross Border Expansion European Crowdfunding Network (ECN) has long been the leading voice advocating on behalf of investment crowdfunding platforms across Europe. The member-driven group has been at the forefront of engaging with policymakers at the European Commission – an initiative that finally paid off when new pan-European crowdfunding rules were announced in late 2019. Later in 2021, issuers will be able to raise up to €5 million in the European Union leveraging a harmonised regulatory regime. While certain details are still being worked out, it is expected this will become a boon for both issuers and platforms in this sector of Fintech.