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Equity Crowdfunding Platform Launched in Sweden by FundedByMe

Poster: SySAdmin
Posted on October 18, 2012 at 9:28:01 AM
Equity Crowdfunding Platform Launched in Sweden by FundedByMe

STOCKHOLM, October 18, 2012 /PRNewswire/ --

    Equity Crowdfunding is predicted to be the next big thing in 2013, and Sweden's
FundedByMe [http://fundedbyme.com/equity ] has launched their Equity Crowdfunding platform
to the global public, making it an early player in the upcoming emerging market on the
equity crowdfunding scene. FundedByMe already offers a crowdfunding platform similar to
Kickstarter, which repays investments through gifts or preorders. In comparison, an equity
crowdfunding platform provides a mechanism to legally disperse shares of a company to its
investors. FundedByMe has the uinque edge of beeing a website offering both traditional
and equity based crowdfunding.

    As the legislative process of the JOBS Act in the US is complex and slow, with framing
the regulation and defining the rules, the entrepreneurial financing roadmap has an
unclear destination. If America doesn't quickly implement a simple crowdfunding rubric,
international platforms will be the beneficiaries. Swedish FundedByMe
[http://www.fundedbyme.com/equity ] is already up and running and is offering equity
crowdfunding. And it's global.

    David Drake, founder of TheSohoLoft, predicts crowdfunding will be a $1 trillion
business within 10 years. If crowdfunding even begins to approach that scale, it will
completely change the landscape for start-up financing. The world of entrepreneurial
finance is changing rapidly.

    "Whether you are a service provider, social entrepreneur, angel investor, venture
capitalist, or one of the millions of people ready to become a small-scale start up
financier, it is time to pay attention". The quote refers to an article from Forbes
[http://www.forbes.com/sites/devinthorpe/2012/10/15/get-ready-here-it-comes-crowdfunding-will-explode-in-2013 ]
- "Why crowdfunding will explode in 2013".

    The FundedByMe Equity [http://www.fundedbyme.com/equity ] crowdfunding platform
launched as recently as a month ago and is already showing a theoretical capacity of over
EUR16 million (20 MUSD) ready to be invested by the crowd. The amount is growing by the
hour and consists of amounts as low as hundreds up to thousands.

    "In the last year, since we launched FundedByMe.com [http://www.fundedbyme.com/equity
] we've proven that crowdfunding can also work and be big in Europe and the world. The
crowd has together helped crowdfund: a hamburger joint, a train, numerous of CD's and
books, films, experiments, charity, heart-warming projects and everything between. Now we
take the biggest step ever. We are adding equity-crowdfunding to a functioning system, not
only because we can or because we see a huge growth within this market but because our
clients have asked for it." says Daniel Daboczy, co-founder and CEO.

    http://www.fundedbyme.com/equity

FundedByMe

CONTACT: For more information, please contact: Daniel Daboczy, founder and CEO, FundedByMe, +46-736-26-9985, daniel@fundedbyme.com
 
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