FundedByMe Self-Crowdfunding Round Moves into Overfunding as it Tops Goal

stockholm Sweden Fintech companiesFundedByMe has topped its minimum funding goal, according to co-founder and CEO Daniel Daboczy.  In an email, Daboczy stated their crowdfunding for equity hit 102% in 2 weeks. 231 investors will join this round. “We have decided to allow for overfunding and let the round run its full-term for another 25 days,” stated Daboczy.  FundedByme was recently approved to list its shares as a Swedish Limited Public Company.

According to the updated campaign page, FundedByme reached 100% in 1/3 of the scheduled time for the funding round. FundedByMe states it is the leader in the growing Nordic crowdfunding market and the “market is maturing fast.” FundedByMe also operates a subsidiary in Asia.

The current round has  been subscribed by 233 investors. The minium participation level is 200 shares for a total of €1,051. The shares are Series B and priced at €5,28 each.

FundedByMe has noted JOBS Act and the legalization of investment crowdfunding in the United States but says it will focus on Northern Europe and Southeast Asia for now.


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