Symbid Launches The Funding Network™ for Start-ups and Small Businesses
Crowdfunding brand announces new platform connecting traditional and alternative finance, The Funding Network™
04 MARCH 2015, ROTTERDAM, THE NETHERLANDS AND NEW YORK, USA
SummarySymbid, one of the first investment crowdfunding platforms worldwide, today announced the launch of The Funding Network™. Based in the Netherlands, the birthplace of the world’s first stock market, Symbid has launched a go-to platform connecting small- and medium-sized enterprises (SMEs) to all types of funding, traditional and alternative. The Funding Network™ represents the next phase in the evolution of the peer-to-peer model in the financial industry.
All over the world people are becoming better connected, creating cheaper, faster and easier access to products and services. Entire industries are being concentrated into single online destinations – termed ‘go-to’ platforms – disrupting as well as simplifying the way we live our lives. The Funding Network™ is the first comprehensive online platform for SME finance, providing entrepreneurs with direct access to equity and loan crowdfunding, bank loans, venture capital, angel investors and investment funds. Built around user-friendly investing, monitoring and data tools that enable everyone to track the performance of companies 24/7, The Funding Network™ bridges the information gap between crowdfunding and traditional investment methods through standardized data protocols.
“Our mission at Symbid is to simplify the way small businesses are funded through technology that enables a more transparent and efficient way of doing business. The launch of The Funding Network™ in the home of the world’s first stock market is a step towards a more democratic financial future for us all,” said Korstiaan Zandvliet, CEO and co-founder of Symbid Corp. “As an early mover in crowdfunding, we pushed ahead with paradigm-shifting technologies that help to level the financial playing field for investors and entrepreneurs. This is a logical evolution for a financial industry still grounded in a traditional, vertical, offline way of operating. The Funding Network™ will be the most efficient capital market for private companies.”
The Funding Network™ gives entrepreneurs access to all forms of finance, while offering (private and institutional) investors full transparency on the potential risks and returns of their portfolio. Every entrepreneur connecting to The Funding Network™ is guided towards the right type of funding with professional financial advice. Meanwhile, investors can personalize their deal flow according to key business criteria, pinpointing the investment opportunities that matter to them. This produces the most effective capital allocation service possible, underpinned by standardized XBRL data streamed from accountant reporting systems.
With over 40 funding partners already connected including banks, venture capitalists, angel investors, 30.000 private (crowdfunding) investors and affiliate platforms, the launch of The Funding Network™ on March 4 is just the beginning for Symbid. A signed partnership with financial advisory firm Credion means the expected total transaction volume of The Funding Network™ in 2015 is $800 million. “Symbid aims to revolutionize the financial industry in a way that enables more people to connect, fund and grow. We have but one message: let’s invest in each other,” said Korstiaan Zandvliet.
Frans GunninkPartner - Sharpe Financial Communications. firstname.lastname@example.org
Founded in April 2011 as one of the first investment crowdfunding platforms worldwide, Symbid is The Funding Network™, where companies get funded and grow. As a leading online funding portal for small- and medium-sized enterprises, Symbid gives entrepreneurs direct access to traditional and alternative forms of finance, while offering investors full transparency on the potential risks and returns of their portfolio. Advanced investing, monitoring and data tools ensure companies connecting to The Funding Network™ are financed in the most efficient way possible. Built around cutting-edge technology and expert financial advice, The Funding Network™ by Symbid is the go-to platform for entrepreneurs in search of funding and investors in search of exciting opportunities. As of March 2015, Symbid (www.symbid.com) has successfully funded 70 small businesses for a total capital sum of $7.5 million. With over 40 funding partners already connected – including banks, venture capital, angel investors and 30,000 private (crowdfunding) investors – the total transaction volume of The Funding Network™ in 2015 is estimated at $800 million. Symbid Corp. is a U.S. publicly listed company (OTCQB:SBID). For investor relations, please visit www.symbidcorp.com.