FundedByMe To Crowdfund For Global Expansion

FundedByMe has announced a new self-crowdfunding round to pave the way for further global expansion, Crowdfund Insider reports.

The platform based in Stockholm, Sweden, is currently represented in 6 countries, has a database of nearly 100,000 registered investors, and offers an Asian market exposure via the Singapore and Malaysia joint ventures.

Daniel Daboczy, CEO of FundedByMe, said:

We were early out in identifying the trends to what today is known as the sharing-economy and are today common strategies for all type of companies, to say: engaging and involving their owners directly. We stood by our vision and delivered on it. Not only did we create a global company, we created a whole new market segment. Coming years look very promising and we keep identifying new trends that we are acting on.

The self-crowdfunding round launches on 10 November 2017 and seeks a raise between SEK 5 to 20 million (approximately £460,000 to £19 million) at a per share price of SEK 58 (about £5.4), Crowdfund Insider points out.

Find out more here.

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