FundedByMe has announced that it was launching a new (and predicted to be its last) equity crowdfunding campaign as it continues to build upon its international expansion.
“FundedByMe is growing and has great plans for the future. We will soon invite our users and fans to join as shareholders of the company. We intend to launch a crowdfunding [campaign] this Spring. This is your change to be part of a movement intended to disrupt, to change, to improve. Soon you’ll receive the opportunity to be able to say ‘I was there’ or ‘I was part of it’ or ‘I helped.’”
This new campaign announcement comes just two years after the Swedish platform launched its previous fundraising initiative. The company achieved its initial 3 million Swedish Krona in less than 32 hours and at its closing secured 6.8 million from 386 investors. In the past several years, FundedByMe has expanded operations into Asia and other European countries. The platform has turned away from providing rewards based crowdfunding – something originally including in its offerings and now offers both debt and equity based crowdfunding services.
FundedByMe was founded by a Romanian art-major, Daniel Daboczy, and an African coder, Arno Smit. Besides Sweden, the website operates in seven countries: Finland, Denmark, Norway, Spain, Germany, Italy, and Singapore.
It was also confirmed that 250 investors have already shared their interest to participate in FundedByMe’s new initiative.
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