FundedByMe doubles total money raised in 2016.
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
Swedish company reconstruction firm FrontOffice Nordic AB, which recently listed on the Nordic Growth Market (NGM) stock exchange after raising almost €600,000 from crowdfunding investors on FundedByMe, has been performing at more than 70% above listing price. Listed at SEK 2,50 on 19 May 2016, the current share price is at SEK 4,10 after having reached SEK 4,50 on the first of September.
Crowdfunding investors into FrontOffice – who could buy shares for a minimum investment of €53 and had their shares listed at SEK 2,50 - have been able to trade their shares on this regulated stock
Swedish company reconstruction firm FrontOffice Nordic AB, which recently raised almost €600,000 from crowdfunding investors on FundedByMe, has today been listed on the Nordic Growth Market (NGM) stock exchange. This announcement makes FrontOffice the first successfully crowdfunded company in Scandinavia – and one of the first in Europe - to be listed on a stock exchange. Crowdfunding investors into FrontOffice – who could buy shares for a minimum investment of €53 - are now able to trade those shares on this regulated stock exchange, licensed by the Financial Supervisory Authority. “