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  • FundedByMe has reduced its operating costs considerably: Holds live press conference today at 16.00*

FundedByMe has reduced its operating costs considerably: Holds live press conference today at 16.00*

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FundedByMe's efforts to lower its costs have been successful during the fall. In a live broadcasted press conference today, November 12, 2019, the group CEO Daniel Daboczy will talk about the positive cost trend as well as about the new product Crowdfunding for listed companies, and the result of the recently completed direct issue of shares.

FundedByMe group CEO Daniel Daboczy will hold a live press conference today Tuesday, November 12 at 16.00. The press conference is being held, among other things, due to the positive cost trend demonstrated by the company during the fall. The preliminary numbers show that operating costs within the Group have decreased by approximately 45% on a monthly basis compared to the first six months with the third quarter of 2019, where Q4 is expected to be even better.

During the press conference, a progress report and the new product Crowdfunding for listed companies will also be presented. The result of the recently issued private placement and the changes in the ownership structure it brings will be addressed.

The press conference will be distributed through Pressträff Direkt Tuesday, November 12 at. 16:00. Pressträff Direkt is a service provided by Laika Consulting in collaboration with Direkt Studios, part of Nyhetsbyrån Direkt. The live press conference will be broadcast on Direkt Studios Youtube channel.

For questions please e-mail in advance to Kaarlo Airaxin on kaarlo.airaxin@laika.se

This information is information that FundedByMe AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set below, on 12 November 2019.

*English translation for convenience only

For further information, please contact:
FundedByMe Crowdfunding Sweden AB
Daniel Daboczy, CEO
Mobile: +46 (0) 73 6269985
Email: daniel@fundedbyme.com

About FundedByMe
FundedByMe is a tech company, focusing on the financial markets. Today the company offers a digital and global platform for financial support for startups and growth companies around the globe. Customers sign up online where they are able to book their investment interest in different companies. The company consists of FundedByMe.com, Feminvest and Laika Consulting, as well as 6 joint ventures in Finland, Malaysia, Singapore, Poland, The Netherlands, and Dubai/UAE. Together the group reaches over 269,000 registered investment members globally. For more information visit www.fundedbyme.com

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