FundedByMe granted in-principle approval to operate the first DFSA regulated and DIFC incorporated Equity Crowdfunding Platform
Following the strategic growth of FundedByMe, aiming at becoming the most global crowdfunding platform, today the platform announces final steps to launch its operations in Dubai for the UAE and the MENA region. An in-principle license has been granted conditional to completing the setup of the local entity. Operations will commence early in 2019.
FundedByMe, founded in Sweden in 2011, is the fastest growing crowdfunding platform in Scandinavia with offices in Sweden, Finland, Poland, The Netherlands, Singapore and Malaysia. Now entering Dubai as the region’s first equity crowdfunding
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Scandinavia’s fastest-growing crowdfunding platform closes its 2016 activities with a cheer. With more than 74,000 registered members from 179 countries, FundedByMe has thus far raised almost €30 million to 461 successful crowdfunding campaigns, averaging €5,500 per investment and investments from 45 countries. This is almost double the total amount raised during the first five years up to December 2015.
“The crowdfunding trend is only going to get bigger from here, as 2016 has shown a maturity of the market while FundedByMe attracts bigger parts of the early majority than early adopters
Scandinavia’s largest equity crowdfunding platform, FundedByMe, today confirmed that iTalent, it’s second equity campaign for FundedByMe Malaysia, has reached 310% of its total goal. The campaign, which original goal was to raise €86,500 still has six days left before closing. This campaign success follows on the announcement two weeks ago that the Securities Commission in Malaysia has awarded one of six registrations to operate Peer-to-Peer crowdfunding in the region to FundedByMe Malaysia. “Malaysia – and most of South-East Asia is seeing an explosion in crowdfunding.” says Daniel
Scandinavia’s largest equity crowdfunding platform, FundedByMe, today received one of six coveted permissions by the Malaysian Securities Commission to operate Peer-to-Peer crowdfunding in the Asian region. This announcement positions FundedByMe as the only European operator allowed to operate in the Asian region. The award was given to FundedByMe Malaysia at the third annual SCxSC Digital Finance hosted by the Securities Commission Malaysia. Second Finance Minister Datuk Johari Abdul Ghani and SC chairman Ranjit Ajit Singh handed over the award to FundedByMe Malaysia’s COO, Angelld Quah,
With the hard-hitting advertising agency experience that comes from working on brands like Absolut Vodka, Carlsberg Sweden, L’Oréal Nordics and Telia Sonera Finland, Satumaa Family Business brings tons of creativity – and a booming network – to the table. FundedByMe has, to date, raised over €15,7 million for more than 420 companies seeking crowdfunding support and has a global member base of around 62,000 registered crowdfunding investors. “The partnership is a natural fit for us,” says Lena Flykt-Rosén, Head of Partnerships for FundedByMe. “Satumaa has an energy and drive to help SMEs