Maydan Capital, a marketplace for vetted private securities offerings, has completed its first successful financing round for Netherlands-based Fairnance.
UK-based Maydan Capital is an equity-focused private placement platform for early-stage and growth companies. The platform connects retail, accredited, and sophisticated investors directly to vetted equity offerings.
Fairnance is trying to build an alternative home-financing solution that serves people in the Netherlands who are being excluded from homeownership for non-financial reasons.
The details on the securities offering were not provided and only registered users of the Maydan Capital site may view specifics on the investment opportunity.
Amir Saleem, Fairnance co-founder, commented in a release:
“We could not be more grateful for the support of investors who are joining Fairnance on its early journey and hope to reward that investor faith as we work towards our launch.”
Fairnance co-founder, Adriaan Brouwer, added:
“Beyond fundraising, we are delighted to have worked with a platform that shares our values and vision.We hope to continue our relationship with Maydan Capital in the longer term.”
Maydan Capital CEO, Safdar Alam said they are very pleased to close their first investment, with the deal being fully committed just hours after the launch.
“Fairnance’s mission aligns with our ethos of positive social impact, in this case, for those excluded from traditional mortgages, and we are proud to help them on their journey.”
The successful securities crowdfunding round follows a signed partnership between Maydan Capital and Wa’ed Ventures, the VC arm of the Saudi Aramco Entrepreneurship Centre, to support Saudi-based startups.
Maydan states that it has also partnered with other international organizations, such as the UK Pakistan Chamber of Commerce and Industry (UKPCCI), which connects business circles in the UK and Pakistan to promote trade and investment between the two regions.
Safdar said they believe it is important for all investors to have access to opportunities to grow their wealth in a meaningful way.
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