The Kuwait Capital Markets Authority has launched securities-based crowdfunding in Kuwait by registering Emwazi Capital in its Register of Securities-Based Financial Technology Services as the first company authorised to operate a securities-based crowdfunding platform. The framework sits under Module Nineteen (Financial Technologies) of the Executive Bylaws to Law No. 7 of 2010, which covers securities-based crowdfunding services and automated investment advice. Applications for registration during the initial application phase ran from 2 January 2024 to 1 July 2024 under CMA Resolution No. 181 of 2023; the CMA previously registered three firms to provide the automated investment advisor service and has now issued Resolution No. 132 of 2025 to register Emwazi Capital for securities-based crowdfunding. The model allows issuers to raise funding from the public for specific projects through an Authority-registered digital platform by selling equity interests or issuing securities. The CMA is continuing to assess other securities-based crowdfunding platform applications submitted during the initial application phase, in coordination with applicants to confirm they meet the required conditions ahead of any further registrations.
Kuwait Capital Markets Authority 2025-07-20
Kuwait Capital Markets Authority launches securities-based crowdfunding by registering Emwazi Capital as first platform provider
The Kuwait Capital Markets Authority has launched securities-based crowdfunding by registering Emwazi Capital as the first authorised platform under its Financial Technologies framework. Governed by Module Nineteen of the Executive Bylaws to Law No. 7 of 2010, this initiative allows issuers to raise funds through a digital platform by selling equity or issuing securities. The CMA is evaluating additional applications to ensure compliance with required conditions for further registrations.