Tagged: symbid

Symbid Announces Partnership With Funding Specialist ILFA

  On Tuesday, Netherlands-based Symbid announced it has formed a partnership with funding specialist, ILFA. According to the crowdfunding platform, ILFA has a license for an investment firm since 201 and as a tied agent of ILFA, it will from now on operate with an AFM… Read More

Symbid Announces Several Improvements on Crowdfunding Platform

On Wednesday, Symbid announced several improvements on its equity crowdfunding platform. The update comes less than a month after the funding portal revealed in the first half of 2017 its platform accounted for 27% of all “venture capital” crowdfunding in the Netherlands. “Collectively we have provided… Read More

Symbid Accounts for 27% of Investment Crowdfunding in the Netherlands During 2017

While the Netherlands market is small, equity crowdfunding platform Symbid is apparently having an important impact. Symbid has reported that in the first half of 2017 its platform accounted for 27% of all “venture capital” crowdfunding in the Netherlands.  Investment crowdfunding in first half of… Read More

Symbid Files for Reverse Stock Split & Name Change in SEC Documents

Symbid (OTCMKTS:SBID) has filed an 8-K Amendment to enact a reverse split of its shares and a name change to “Sincerity Applied Materials Holdings Corp” – thus ending its chapter as a publicly traded security. Symbid, the first crowdfunding company to publicly trade shares on… Read More

Symbid Forms New Partnership With Knab Crowdfunding

On Tuesday, Symbid announced it formed a partnership with Knab Crowdfunding. This news comes just a few days after the crowdfunding platform revealed its collaboration with PortXL-World Port Accelerator. The Symbid team shared that both their platform and Knab Crowdfunding offer crowdfunding, both focus on… Read More

Symbid Completes Restructuring, Separates Business to Strengthen Position in Dutch Market

Investment crowdfunding platform Symbid has announced it has completed a corporate restructuring as a way to further strengthen its position in the Dutch market. Symbid had indicated its intent to restructure earlier this year.   Lees hier het persbericht van vandaag: Symbid Crowdfunding terug in handen… Read More

Brief: BrightPensioen Returns to Symbid & Quickly Surpasses €100,000 Funding Target

BrightPensioen, a company that provides retirement investment plans, recently launched its second equity crowdfunding campaign on Symbid and has already surpassed its initial €100,000 funding target. The company’s first campaign was reportedly the largest funding round on the crowdfunding platform at the time.  BrightPensioen’s services are… Read More

Kidswatcher Rebrands to KiGO; Preps to Launch Second Symbid Initiative For Children’s GPS-Watch

Just two years after successfully securing over $200,000 through Symbid, Amsterdam-based Kidswatcher, which has rebranded to KiGo, is now prepping for its second initiative through the crowdfunding portal. Symbid reported on Friday that KiGO captured its funding goal of $185,000 within 48 hours of its campaign… Read More

Symbid Reveals 21% Revenue Growth in 2016’s First Quarter

On Thursday,investment crowdfunding platform Symbid announced 2016 first quarter numbers. The website confirmed the total revenue was approximately $89,000 for three month period ending March 31, which is up by 21% versus the prior year period in 2015. Other first quarter highlights include: Over 82% of… Read More

Symbid Releases Full Year 2015 Financial Results

On Friday, investment crowdfunding platform Symbid announced its full year 2015 financial results. The company revealed that its revenue increased by 28% over the past 12 months versus 2014. Korstiaan Zandvliet, co-founder and CEO of Symbid Corp., stated: “We are pleased to report continued revenue growth in… Read More

Symbid Reports 30% Revenue Growth in 2015’s Third Quarter

Symbid (OTCQB:SBID), one of the world’s first investment crowdfunding platforms, announced on Monday that it has reported 30% in revenue growth during 2015’s third quarter. Korstiaan Zandvliet, co-founder and CEO of Symbid, shared: “We are delighted to report continued strong revenue growth from an increasing number of… Read More

Symbid States Investors are Ignoring Risks. Lack of Transparency & High Interest Rates Creates Unsustainable Trajectory

Symbid [OTCQB:SBID], one of the world’s first investment crowdfunding platforms, is warning about industry risk.  The company is warning that “investors are too preoccupied by interest rates and ignoring the risks”. According to Symbid, this lack of awareness has compelled them to launch a media… Read More

Lendahand Launches Second Funding Round on Symbid

Hoping to continue the expansion of its company, Dutch crowdfunding platform, Lendahand, recently launched a second campaign on Symbid. Lendahand, which was founded by Peter Heijen, Koen The, and Peter Stolze, provides funds to small and medium enterprises (SMEs) in emerging economies. These include countries such… Read More

Symbid Adds New Partner DNOB to The Funding Network

Symbid, the financial technology brand behind The Funding Network, announced on Tuesday a strategic partnership with DNOB, the new funding platform for entrepreneurs led by Hans Biesheuvel, former chairman of MKB Nederland (Dutch SME Trade Association) and a highly influential voice in Dutch economic affairs. DNOB… Read More

Symbid Announces 28% Revenue Growth in Second Quarter 2015

On Thursday, Investment crowdfunding platform Symbid announced it has received 28% revenue growth in the second quarter of 2015. Korstiaan Zandvliet, co-founder and CEO of Symbid, stated: “We are delighted to report strong revenue growth as our core business continues to expand while we add new revenue streams from our… Read More

Symbid Heads South. Receives Approval to Operate in Italy

Investment crowdfunding platform Symbid has received approval from Italian securities regulatory CONSOB to launch Symbid Italia.  The new venture by Symbid is in partnership with Banca Sella and is expected to go live in Q4 of 2015.  The news of the strategic expansion was revealed… Read More

Senior Marketing, Tech & Finance Executives Join Symbid’s Board of Directors

Symbid, an online funding platform for start-ups and small businesses, announced on Wednesday the addition of four new members to its Board of Directors. The new members include former MD of Deutsche Telekom Hendrik Kasteel, former Sanoma COO Michiel Buitelaar, former Morgan Stanley officer Jérôme Koelewijn… Read More

SPIN Remote Raises Equity on Symbid After Successful Rewards

The step ladder from rewards to equity crowdfunding is becoming more commonplace these days. While occurring in the other direction as well at times (equity then rewards), many startups are using rewards based crowdfunding to test the market, and hone their product, with valuable market… Read More

Symbid Offers First Crowdfunded Loans

Diversified crowdfunding platform Symbid has just released its very first loan offering on their updated platform. The new debt offer is from a young company called CareRate, a healthcare review app. The loan is offering a 5.5% yield and is live now. CEO and co-founder… Read More

Symbid Partners with Catena, Offers Independent Risk Scoring with Loan Crowdfunding

“We’re delighted to announce this strategic partnership with Catena Investments while The Funding Network continues to grow and mature. As our monthly transaction volume exceeds $35 million it is right that we keep pushing for more professionalism,” said Korstiaan Zandvliet, co-founder and CEO of Symbid Corp. “With Catena on… Read More