Posted by & filed under Press Releases.

Rotterdam, NL – January 06, 2014:

Financial technology brand Symbid to connect Dutch agriculture to its Funding Network with new ‘Farmers Funding’ platform

 

Symbid_logo_square_blue_bg_500px  Farmers Funding

 

Symbid, one of the first investment crowdfunding platforms worldwide, has announced the launch of Farmers Funding (www.farmersfunding.nl), an online investment platform for the Dutch agricultural sector. Built in collaboration with two agricultural companies, the platform will connect to the Symbid Funding Network and adds to the diverse range of investment opportunities for Symbid’s growing community of 28,000 active investors.

Funding for Innovative Farmers

The agricultural industry in the Netherlands is both innovative and future-oriented, but access to capital is decreasing. The Farmers Funding platform will enable young and growing agribusinesses to find finance without the need for traditional financial institutions. The first of its kind, this online platform means enterprising farmers can connect to a range of efficient funding options including loans, equity and crowdfunding. Agricultural entrepreneurs and investors can connect, fund and grow together via the Symbid Funding Network.

The Funding Network

The recent announcement of Symbid’s partnership with Credion, a leading Dutch financial advisory firm, signalled the crowdfunding brand’s transition into an online Funding Network. The new platform will feature online deal-making and monitoring tools in addition to the investment crowdfunding service. By combining various types of financiers into one network, a hybrid of alternative and traditional finance, Symbid is creating the go-to platform for investors and entrepreneurs. The launch of Farmers Funding, a niche marketplace of investment opportunities, is an example of how Symbid is attracting more capital seekers and providers to the Funding Network.

Although Farmers Funding is targeted at the agricultural industry, all investment propositions are linked directly to the Symbid Funding Network. This means the deals can be presented on the Symbid platform and hence reach a broader group of investors. Adding this niche industry to its network enables Symbid to further extend and diversify its offering, while investors can continue to personalize the content of their deal flow. The company expects all future affiliate platforms to connect to the Symbid Funding Network in such a way.

“Entrepreneurs logging onto Farmers Funding can present their business proposition either privately, to specific investors, or publicly, to the crowd. This way, our Funding Network lets the entrepreneur control how their business is funded and increases the likelihood of finding the right finance. Meanwhile, investors can decide on the types of deals that interest them and diversify their portfolio,” says Korstiaan Zandvliet, co-founder and CEO of Symbid. “Farmers Funding is a great example of how Symbid is leading the way in online finance, with more expansions of our Funding Network on the horizon.”

Posted by & filed under Press Releases.

Rotterdam, NL – December 11, 2014:

Financial Technology crowdfunding brand & financial advisory firm expect $850 million transaction volume through new funding platform in 2015

 

Symbid_logo_square_blue_bg_500px  CREDION logo fc 080201

 

Symbid Corp. (“Symbid”), one of the first investment crowdfunding platforms worldwide, and Credion (“Credion”), a leading financial advisory firm in the Dutch SME market, today announced a contract to digitalize SME financing in the Netherlands through a new, online funding platform. Credion will process the funding for its 1,200 clients with an expected $850 million funding volume for 2015 via the Symbid platform. Symbid will receive monthly recurring revenue and transaction fees through the monitoring and deal-making tools available on the platform. This partnership is the first step towards creating an efficient capital market for SMEs worldwide.

Credion recently celebrated its 14th anniversary, during which time the company has connected over 6,000 entrepreneurs with $9,9 billion in funding. The partnership will see Credion use the Symbid platform to connect its extensive nation wide network of investors and entrepreneurs, ensuring the most efficient access to capital for entrepreneurs and greatly improving SME data monitoring standards for investors. Credion’s expected $850 million transaction volume in 2015 will be channelled exclusively through Symbid with the B2B component creating scope for an exponential growth of the service. By combining the various types of financiers into one funding platform, a hybrid of alternative and traditional finance, Symbid is creating the go-to platform for investors and entrepreneurs.

Investing in the future of finance

“With our crowdfunding platform growing exponentially, this agreement validates Symbid’s tiered business model and sees our crowdfunding brand expand into online deal-making and monitoring while adding new funding options,” said Korstiaan Zandvliet, founder and CEO of Symbid. “This partnership is the keystone of our funding platform and, alongside our upcoming European roll-out, means we’re adding solid monthly recurring revenue streams. It is now possible for the first time to track the real-time performance of SME investments with high-quality financial reporting. This technology means one of the biggest risks associated with SME investing is covered by Symbid. Through the combination of Credion’s years of experience in financial deal-making, Symbid’s technological innovations and, of course, the crowd, we’re making safe online investment a reality for both investors and entrepreneurs.”

With this long-term agreement, SMEs logging onto Symbid will have direct access to the top-tier accredited investor clientele of Credion, consisting of banks, equity based solutions and private investors, and Symbid’s thriving community of 27,000 active investors. As Symbid leads the transition from crowdfunding to online finance, the Symbid Financial Technology platform will now facilitate both B2C and B2B deals, creating additional monthly recurring revenue via Credion’s evergreen subscription to the Symbid funding platform.

“Working together with others to identify new ways to improve access to capital is a hallmark of our company philosophy,” said Carlo van der Weg of Credion. “Streamlining the way in which entrepreneurs find that crucial investment is a goal we share with Symbid. The open funding portal we’re creating with Symbid means we can connect all our clients with the right investors while also attracting, venture capital, investment funds and other financial firms.” According to Jacob Nammensma, commercial director of Credion, it will allow Credion to develop new SME funding products: “We will be able to service front-, mid- and back-office for institutional investors. That’s how this partnership is revolutionizing SME financing in the Netherlands, enabling Credion to offer the most efficient access to capital for entrepreneurs on the market.”

Long-term contract

The long-term vision of this contract is to solve the ‘equity gap’ facing SMEs by combining Credion’s network and financial expertise with Symbid’s Financial Technology product portfolio. Symbid’s cloud-based monitoring technology uses current best practices in accounting to support the ongoing monitoring of SME investments.
Zandvliet continued, “Our standardized, interactive reports enable SMEs to match the accounting standards of listed companies, improving their chances of reaching that crucial next stage of finance. Symbid is blurring the boundaries between private and public companies.”

The real synergy of this partnership lies in the merging of an established investment community with the Symbid funding platform, creating a faster and more efficient capital market for private enterprises. Symbid will refer SMEs visiting its platform to the now connected Credion’s certified financial advisors or other advisors who will connect. Entrepreneurs can then maximize their chances of finding investment through Credion’s advisory services. Meanwhile, Credion’s financial advisors will have access to all deal-making and monitoring functionalities with Symbid receiving fixed monthly recurring revenues plus transaction fees. Every deal facilitated by Credion will be processed via the Symbid funding platform.

Symbid and Credion will together provide an interactive funding network in which investors and entrepreneurs can connect, fund, and grow. This ground-breaking collaboration is the first step towards a hybrid financial system with full connectivity: a faster and more efficient capital market for SMEs worldwide.

For more information about the companies please visit www.credion.nl and www.symbid.com.

Posted by & filed under Financial results.

Q3 2014 Income Sheet
Three month period ending September 30 Nine month period ending September 30
2014 2013 2014 2013
Revenues
Crowdfunding 50,889  22,979 201,034 53,387
Other 1,990 6,385 10,040 8,137
Total revenues 52,879 29,364 211,074 61,524
Operating expenses
Selling, general and administrative 456,689 124,983 1,037,469 300,133
Professional fees 234,981 269,170 638,560 294,517
Research and development costs 111,693 11,223 256,441 36,335
Depreciation and amortization 29,409 325 30,077 975
Total operating expenses 832,772 405,701 1,962,547 631,960
Operating loss -779,893 -376,337 -1,751,473 -570,436
Other income (expense)
Fair value adjustment derivative liability – warrants 75,972  N/A 160,985  N/A
Interest expense -3,568 -5,498 -11,387 -16,176
Government subsidy  N/A 8,000 10,963 23,999
Equity loss in Gambitious B.V. and Kredietpaspoort -38,481 -13,570 -47,225 -48,501
Other income and expense -4,050  N/A -20,183  N/A
Total other income (expense) 29,873 -11,068 93,153 -40,678
Net loss -750,020 -387,405 -1,658,320 -611,114
Net loss attributable to non-controlling interests -14,631 -8,071 -30,254 -27,401
Net loss attributable to Symbid Corp. stockholders  $(735,389)  $(379,334)  $(1,628,066)  $(583,713)
Basic and diluted net loss per common stock  $(0.02)  $(0.02)  $(0.06)  $(0.03)
Weighted average number of shares outstanding
Basic and diluted 30,741,624 22,692,867 27,175,652 22,104,541

 

Q3 2014 Balance Sheet
September 30 December 31
2014 2013
Assets
Current assets
Cash $500,050  $891,592
Accounts receivable, less allowance for doubtful accounts of $8,436 and $10,718 respectively 31,639 2,897
Prepaid expenses and other current assets 159,927 59,486
Total current assets 691,616 953,975
Property and equipment – at cost, less accumulated 
Depreciation and amortization 5,791 4,259
Investment in associated companies 11,218 1,432
Intangible assets, net 1,117,563  N/A
Total assets  $1,826,188  $959,666
Liabilities and Stockholders’ Equity
Current liabilities
Accounts payable  $268,729  $138,495
Accrued expenses and other current liabilities 254,681 256,928
Deferred government grants  N/A 11,017
Current maturities of notes payable 132,892 41,657
Total current liabilities 656,302 448,097
Notes payable, less current maturities 105,515 237,973
Derivative liability – warrants 407,052 303,662
Total liabilities 1,168,869 989,732

Posted by & filed under Press Releases.

New York, NY – November 13, 2014:

SNNLive Speaks to Korstiaan Zandvliet at the FireRock Conference 2014

 

VIDEO: SNNLive Speaks to Symbid CEO Korstiaan Zandvliet

Shelly Kraft speaks to Symbid CEO Korstiaan Zandvliet

 

 

 

 

 

 

 

 

 

 

 

 

While attending the FireRock Conference in New York, the biggest event in the small- and micro-cap trading calendar, Symbid CEO Korstiaan Zandvliet was interviewed by Stock News Now. Korstiaan introduces Symbid, discusses the company’s vision for the future, and finally explains the decision to be publicly listed.

You can watch the full video here.

Posted by & filed under Press Releases.

New York, NY and Rotterdam, NL – October 15, 2014:

Leading Global Authority on Investment Crowdfunding, Korstiaan Zandvliet, to Discuss Small-Cap Investing, the JOBS Act and Symbid’s Insights at Influential New York Conference

 

Korstiaan

 

 

logo

 

Korstiaan Zandvliet, CEO of Symbid Corp. (OTC:SBID), will participate in the upcoming leading micro-cap conference in New York, the FireRock Conference. The Conference will be held on October 28, 2014 at the Spring Mills Landmark Building. During this event Korstiaan Zandvliet will be part of a heavyweight delegation discussing the JOBS Act, an issue of primary importance for the future of SME-financing in the United States. As co-founder and director of Symbid Corp., a leading European equity crowdfunding company, Mr. Zandvliet can offer a complete overview of the global crowdfunding industry plus in-depth analysis of trends on both sides of the Atlantic. Mr. Zandvliet is also a board member of the European Crowdfunding Network, the European Commission advisory committee on the future of SME-financing.

Throughout the high-profile event fund managers, family offices, high net-worth individuals, and broker-dealers will have an opportunity to be informed on the latest trends in micro-cap trading, crowdfunding and Symbid’s growing market share in the sector. In addition to company presentations, the conference will include multiple well-known and prominent keynote speakers. This conference will be one of the most important small-cap events of the year — a “must attend” for every serious investor in this space.

For more information: www.thefirerockconference.com

Posted by & filed under Press Releases.

New York, NY and Rotterdam, NL – October 08, 2014:

New IR site SymbidCorp.com & collaboration with New York-based firm to boost US investor base of leading European investment crowdfunding platform, as industry matures into online finance

 

Symbid Corp. (OTC:SBID), the Netherlands-based company behind one of the world’s first equity crowdfunding platforms, today announced that they have engaged the services of Capital Markets Group LLC, a US investor relations firm specializing in emerging, high-growth, and global publicly traded companies. The partnership means Symbid Corp., the first publicly listed crowdfunding platform worldwide (www.symbid.com), enters the US market under the guidance of an IR firm with a proven track record of communicating promising European-based tech companies to US investors. The announcement came as the Dutch platform launched its dedicated investor relations site, www.symbidcorp.com, complementing the efforts of Amsterdam-based Sharpe Financial already underway across the European investment scene.

“We’re delighted to team up with Capital Markets Group as we look to increase awareness of our company’s offering within the US investment community,” said Korstiaan Zandvliet, CEO and co-founder of Symbid Corp. “Equity crowdfunding is increasingly seen as a serious, profit-generating system of investment throughout Europe and we believe CMG are well-positioned to communicate this same message to the US market, as our industry continues to grow exponentially.”

“We are excited to provide investor relations and strategic consulting to the Board and management team of Symbid,” commented Steve Gersten, Partner of Capital Markets Group. “We look forward to working with Symbid to continue to raise awareness of the Company among investors, increase value for its shareholders and help it meet its strategic goals.”

While equity crowdfunding remains unavailable to non-accredited investors in the US, Symbid enables all EU residents to invest in emerging companies with upwards of $27. The platform has so far delivered over $6,625,000 in funding to businesses direct from the ‘crowd’, with an 860% growth in investments during Q2 2014 compared to 2013. Symbid’s collaboration with Capital Markets Group, a blue-chip New York-based investor relations practice, represents a crucial milestone for the crowdfunding industry generally.

“Symbid’s acquisition of CMG’s market intelligence and corporate communications expertise is a big step forward in the maturing process,” continued Mr. Zandvliet. While delays with SEC regulations hold up equity crowdfunding legislation in the US, the Dutch market is predicted to more than double its funding volume this year, with Symbid leading the pack. “With CMG on board in the US, and Sharpe Financial successfully communicating our message in Europe, Symbid can now lead crowdfunding’s transition into something much more – online finance.”

Posted by & filed under Press Releases.

Rotterdam, NL – October 1, 2014:

Investment crowdfunding visionaries & Symbid co-founders, Korstiaan Zandvliet and Robin Slakhorst, are joint candidates for Distinguished Young Leader Award 2014, presented to remarkable alumni of Erasmus University’s world-renowned Rotterdam School of Management

 

Symbid_logo_square_blue_bg_500px  Kor&Rob
 

Erasmus University’s internationally-recognized business school, Rotterdam School of Management (RSM), is to celebrate the continued achievement of its alumni network at the 6th annual RSM Leadership Summit in Rotterdam, October 3. The summit is the flagship event in the RSM calendar and brings together some of the world’s most senior business executives. As one of the summit’s key attractions, the Distinguished Alumni Awards recognize truly exceptional contributions to business and entrepreneurship in a global context. The joint nomination of Misters Zandvliet and Slakhorst comes just 4 years after their graduation in Entrepreneurship & New Business Venturing (MSc).

“When thinking about a hands-on team of entrepreneurs, Korstiaan Zandvliet and Robin Slakhorst immediately come to mind,” said Jeroen de Jong, Associate Professor of Strategic Management and Entrepreneurship at RSM. “With their excellent networking skills, entrepreneurial insights and abilities to attract other students, Robin and Korstiaan launched and developed online investment crowdfunding platform Symbid.” The RSM Distinguished Alumni Awards are intended to showcase the achievements of outstanding RSM alumni and their excellent contribution to society and business. Recommended by current RSM faculty members, nominees are selected from the 29,000+ RSM alumni in private, public and non-profit organizations worldwide.

“With Symbid we aim to change the financial system, to make it more fair and democratized. This will not only result in a fairer balance of wealth allocation, but will also make access to capital for entrepreneurs much simpler,” says Mr. Slakhorst, now Symbid’s CCO. “The better we do as a company, the more impact we can have in this world. Currently society is too focused on preventing failure, which stops a lot of people from even trying.” Founded in 2011 as one of the first equity crowdfunding platforms worldwide, Symbid has developed into a leading online funding platform. The Dutch platform has so far delivered over $6,625,000 in funding to emerging businesses direct from the ‘crowd’. “People shouldn’t accept the status quo,” added Mr. Slakhorst, “it’s all about daring to challenge it, and then acting to change it.” Both Robin and Korstiaan expect the term ‘crowdfunding’ to change to ‘online finance’ in the near future as the industry matures into a serious form of investment rivalling that of the traditional financial system.

The nomination caps a promising year for Symbid’s entrepreneurial co-founders, with 1.55 million invested on the platform during the second quarter alone – an increase of 860% compared to 2013. “We’re honoured to receive this nomination but, like true RSM alumni, we have to keep pushing forward into the future,” said Korstiaan Zandvliet, Symbid CEO. “Crowdfunding’s image is changing from one of Silicon Valley tech-geeks, independent films and niche video games into genuine investors seeking genuine profits through innovative, high-growth start-ups. We want to help oversee this process.” Zandvliet and Slakhorst both believe RSM’s academic culture laid the foundations of Symbid’s success. “RSM encouraged us to challenge our own preconceptions and self-limitations,” said the crowdfunding CEO. “I learned that for every locked door there’s a key somewhere,” Zandvliet continued. “And otherwise there’s always the hammer!”

The award winners are decided by a combination of a social media and RSM jury vote.
For more information please consult their RSM Distinguished Alumni Award nomination profile here.

Posted by & filed under Press Releases.

Rotterdam, NL – September 23, 2014:

Leading investment platform Symbid Corp. (OTCQB: SBID) celebrated passing the EUR 5 million ($6.4 million) crowdfunding milestone this week, demonstrating the growing power of investment crowdfunding both in the Netherlands and globally

 

Symbid totals 23-09-14

  • Over $6.4 million invested through crowdfunding platform since April 2011
  • $1.55 million invested during second quarter of 2014 alone
  • Average investment per user doubles to $940 in first 9 months of 2014
  • Symbid grows market share in Dutch seed capital market to 10%[1]

“We’re delighted to make this announcement ahead of schedule after a really busy few months here at Symbid,” said Korstiaan Zandvliet, Symbid co-founder and CEO. “The exponential growth we’ve been seeing in investment crowdfunding worldwide continues to amaze us and we’re already looking forward to hitting our EUR 10 million funding milestone in 2015.” With the Dutch crowdfunding market predicted to double its funding volume this year, the Netherlands looks set to continue punching above its weight in terms of the global crowdfunding industry with Symbid leading the pack.[2] “Over the last couple of years we’ve seen crowdfunding mature into a serious, profit-generating system of investment,” Zandvliet continued, “and Symbid is in a great position to take advantage of this process both in the Netherlands and elsewhere as we expand internationally.”

Symbid’s announcement caps a promising year for the crowdfunding platform so far, with $1.55 million invested during the second quarter alone – an increase of 860% compared to 2013. In fact, 2014 accounts for more than 50% of Symbid’s total transaction volume, a figure which hints at the rapid growth. The site, which invites anyone to become a shareholder in emerging companies for a minimum investment of just $27 (EUR 20), added 3000 new users to its thriving community of over 25,000 active investors in the same 3 month period. The EUR 5 million milestone was reached quicker than expected after a fruitful couple of months during which the average funding total for a Symbid campaign rose to $107,000. This figure is significantly higher than the Dutch crowdfunding industry average which currently stands at $32,000.[3]

All in all, 2014 has seen the Rotterdam-based platform cement its status as the Dutch market leader in investment crowdfunding. Symbid successfully funded several $150,000+ campaigns over the summer, including BrightNL ($386,238), Greendaddy ($315,688), GrondVrij ($244,617), and Wezp ($186,681). Meanwhile, fellow Dutch crowdfunding platform Lendahand raised $77,247 via Symbid for an expansion of its debt-financing model. With 9 active campaigns and many more set to go live in the coming weeks, Zandvliet expects last week’s investment total of $138,868 to continue rising. “Right now we’re reaping the rewards of some platform improvements made earlier this year and lots of hard work put into attracting the right campaigns,” added the CEO, “but we have to keep pushing forward into the future as crowdfunding’s image changes from one of Silicon Valley tech-geeks, independent films and niche video games into genuine investors seeking genuine profits through innovative, high-growth start-ups.”

Founded in 2011 as one of the first equity crowdfunding platforms worldwide, Symbid recently featured a number of high-profile campaigns which helped to push the company over the EUR 5 million barrier. Greendaddy, which raised over $315,000 on the Symbid platform in just 48 hours in June of this year, is an example of how investment crowdfunding can offer an established business something different to the traditional financing methods. Through the effective use of social media and the press, crowdfunding campaigns are able to generate a self-sustaining cycle of publicity and excitement which ultimately results in more invested capital. What’s more, the crowdfunding process can act as a form of social due diligence through which business owners have access to an enormous pool of knowledge and experience direct from the “crowd”. Of course, the crowd’s involvement does not end with the campaign itself — investors typically seek an active advisory role in the company as it grows. In addition to its added value for business owners, crowdfunding makes it much easier for the average individual to actively participate in the financial system as an investor. The transformative and democratizing potential of crowdfunding is widely acknowledged both within the industry itself and the alternative finance world generally.


[1] Dutch seed capital market refers to all early-stage investments from venture capital and angel investors made in the Netherlands in 2013. Figure derived from EVCA Research, ‘EVCA Yearbook – 2013 European Private Equity Activity‘, 6 May 2014
[2] Douw & Koren, ‘Crowdfunding in Nederland‘ infographic, 22 July 2014
[3] Douw & Koren, ‘Crowdfunding in Nederland‘ infographic, 22 July 2014

Posted by & filed under Financial results.

Q2 2014 Income Sheet
Three month period ending September 30 Nine month period ending September 30
2014 2013 2014 2013
Revenues
Crowdfunding 72,090 12,055 150,144 29,913
Other N/A 59 8,050 1,723
Total revenues 72,090 12,114 158,194 31,363
Operating expenses
Selling, general and administrative 313,196 98,105 587,212 175,150
Professional fees 192,436 10,300 397,148 22,074
Research and development costs 98,774 24,702 144,748 24,702
Depreciation and amortization 333 319 668 639
Total operating expenses 604,739 133,336 1,129,776 222,565
Operating loss -532,649 -121,222 -971,582 -190,929
Other income (expense)
Fair value adjustment derivative liability – warrants 70,097 N/A 85,361 N/A
Interest expense -3,860 -5,561 -7,819 -10,501
Government subsidy  2,742 7,868 10,962 15,737
Equity loss in Gambitious B.V. and Kredietpaspoort -7,114 -11,872 -8,743 -34,361
Other income and expense -4,050 N/A -20,183 N/A
Total other income (expense) -14,630 N/A -16,480 N/A
Net loss -485,414 -130,787 -908,301 -220,054
Net loss attributable to non-controlling interests -4,608 -3,514 -15,624 -19,329
Net loss attributable to Symbid Corp. stockholders  $(480,806)  $(127,273)  $(892,677)  $(200,725)
Basic and diluted net loss per common stock  $(0.02)  $(0.01)  $(0.04)  $(0.01)
Weighted average number of shares outstanding
Basic and diluted 26,224,839 22,577,453 25,479,431 21,769,707

 

Q3 2014 Balance Sheet
September 30 December 31
2014 2013
Assets
Current assets
Cash $1,146,033  $891,592
Accounts receivable, less allowance for doubtful accounts of $8,436 and $10,718 respectively 37,270 2,897
Prepaid expenses and other current assets 88,961 59,486
Total current assets 1,272,264 953,975
Property and equipment – at cost, less accumulated 
Depreciation and amortization 6,801 4,259
Investment in associated companies 51,468 1,432
Intangible assets, net 1,117,563  N/A
Total assets  $1,330,713  $959,666
Liabilities and Stockholders’ Equity
Current liabilities
Accounts payable  $252,427  $138,495
Accrued expenses and other current liabilities 141,675 256,928
Deferred government grants  N/A 11,017
Current maturities of notes payable 51,599 41,657
Total current liabilities 445,701 448,097
Notes payable, less current maturities 215,173 237,973
Derivative liability – warrants 482,676 303,662
Total liabilities 1,143,550 989,732

Posted by & filed under Press Releases.

Rotterdam, NL – May 12, 2014:

Symbid and A-Film Benelux Sign Exclusive Partnership, Demonstrating Potential of Crowdfunding for the Film Industry

 

Symbid_logo_square_blue_bg_500px   A-Film-Benelux-300x300

 

Symbid will be used to crowdfund various upcoming Dutch movie titles, including ‘The Surprise’ from Oscar-winning director Mike van Diem. Directors Coen Michielsen and Sim van Veen are very excited about this new collaboration. “Both parties are mutually benefitted,” said van Veen, “A-Film can now offer the power of Symbid which means that producers will have an additional means of financing and we can use our knowledge and market position.” Symbid’s co-founder Robin Slakhorst commented: “Allowing individuals a direct investment in a film is completely new. Film-lovers now want more than just the movie; they enjoy the experience of being involved in a film from the very beginning. Following some successful film campaigns on our platform, we were inundated with inquiries from film producers who also wanted to participate, and that was reason enough to partner with a company that knows the market through and through.”

The collaboration was launched officially on 12 May 2014. For more information, read Crowdfund Insider’s article on the partnership here.