FundedByMe franchise partnership established in Finland, adjusts for new Finnish law.

FundedByMe, the Nordics’ largest equity crowdfunding platform, today confirmed that it is launching its operations in Finland under a new partnership lead by Raine Luomanen and Casper Grönblom. This new structure follows the issuing of the updated crowdfunding law introduced in Finland in September 2016 and addresses the main points outlined by the government.
 
“The extensively prepared Finnish crowdfunding act builds on existing local crowdfunding legislations in the EU and could create a benchmark for future EU crowdfunding regulations. We embrace this new law as it helps set the standard for equity crowdfunding on a global scale.” says FundedByMe CEO and co-founder, Daniel Daboczy. “In Raine and Casper we have found like-minded partners with very relevant backgrounds and expertise that we feel certain can help FundedByMe grow and flourish in Finland and establish the FundedByMe brand as a serious additional source of funding in the market,” Daboczy continues.
 
FundedByMe Finland hopes to bring a well known and respected, existing operation to the growing Finnish crowdfunding market and a new channel for Nordic and international funding for Finnish companies. “There are already a handful of players in the market, which proves that both those companies seeking funding as well as the investor crowd have accepted and welcomed crowdfunding as a viable opportunity" says Casper Grönblom, Chairman of FundedByMe Finland. "The company expects to achieve growth in line with or beyond the rapidly growing market and will do so by benefiting from the use of a well demonstrated platform,” says FundedByMe Finland CEO Raine Luomanen. The FundedByMe Finland team – which includes early FundedByMe Sweden investor Jonas Dromberg as Advisor – is very solid in terms of business experience and financial expertise.

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FundedByMe AB (publ) is as of 8th of March a listed company on NGM Nordic MTF. FundedByMe AB (publ) is a parent company consisting of FundedByMe.com and Feminvest - probably the largest female network of investors in the North. Laika Consulting AB is a fully owned subsidiary that offers Investor Relations as well as marketing and financial communication. The company also has 6 joint ventures in Finland, Malaysia, Dubai/UAE, Poland, The Netherlands and Singapore. The company holds a business license in Malaysia (equity and P2P/P2B) and in Dubai/UAE (an equity crowdfunding license as well as a license to uphold client accounts). Together the group reaches over 269.000 registered investment members globally.

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The extensively prepared Finnish crowdfunding act builds on existing local crowdfunding legislations in the EU and could create a benchmark for future EU crowdfunding regulations. We embrace this new law as it helps set the standard for equity crowdfunding on a global scale.
Daniel Daboczy, CEO and co-founder, FundedByMe