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Tag Archives: Finance

New Equity Crowdfunding Site Predicts $850 Million for More than 1,200 Fundraising Campaigns in 2015

5 Jan

Credion will use the Symbid platform to connect its extensive nationwide network of investors and entrepreneurs, ensuring the most efficient access to capital for entrepreneurs

By Robert Hoskins

Rotterdam, NetherlandsSymbid Corp. (OTCQB:SBID), a new Dutch crowdfunding platform, and Credion, a leading financial advisory firm in the Dutch SME market, 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.

Symbid is the only platform in the Netherlands where investors become shareholders via a cooperative.

Symbid is the only platform in the Netherlands where investors become shareholders via a cooperative

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 nationwide 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.

“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 backoffice 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.”

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.

As of December 2014, Symbid has successfully funded over 60 start-ups for a total capital sum of $7,000,000. Symbid became the first publicly listed crowdfunding platform worldwide in December 2013 (OTCQB: SBID). In 2015 the company is expected to expand its product portfolio with several new (alternative and traditional) financial services in order to develop the Symbid platform towards an online funding network.  Symbid anticipates a European rollout of its investment crowdfunding platform beginning in Q1 2015.

Credion can offer alternative financing options in addition to those of a commercial bank. This is the main advantage for Credion customer. Since the company charges a fee for its services rather than asking commission from lenders, Credion can guarantee independent advice.

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JobsinCrowdfunding.com Launches the Industry’s First Job Recruitment Website for Crowdfunding Professionals in Engineering, Finance, Marketing and #Sales Careers

2 Feb

The advanced career placement platform will connect job seekers with crowdfunding intermediary employers and service providers that are expected to create 170,000 jobs over the next five years

By Robert Hoskins

The booming crowdfunding industry was predicted to blossom to an impressive $5.1 billion industry in 2013 and is expected grow to over $93 billion by 2025.  In the past 12 months more than 600 startups have launched new businesses and are now seeking very specialized crowdfunding careers that have never existed before.  To adapt to this highly personalized demand, JobsinCrowdfunding.com has introduced its next generation recruitment platform, which delivers superior job posting capability, enables employers to access the latest technology for candidate matching and provides the one central specialist site for all Industry job seekers and employers alike.

Jobs in Crowdfunding Launches the Industry’s First  Job  Recruitment Website  for Crowdfunding Professionals for Engineering,  Finance, Marketing and Sales Careers

Jobs in Crowdfunding Launches the Industry’s First Job Recruitment Website for Crowdfunding Professionals for Engineering, Finance, Marketing and Sales Careers

“The Crowdfunding industry needs a hiring solution that is simple, industry specific and most importantly cost-effective,” said Lucia Amador, Limitless People’s CEO.  “Our platform offers a wide range of monthly access packages that can be easily budgeted and will allow small companies to hire as many employees as they need for just one set price, which provides an incredible ROI.”

“Our next generation Jobs in Crowdfunding platform provides employers with advanced ‘anytime’ direct access to industry specific candidates including a customized hiring module that can isolate selected candidates from the open market during the initial interview process to maximize efficiency,” Amador added.

The career placement site offers employers five cost-effective packages, including: Starter, Basic, Standard, Premium and Executive Search.  These packages offer employers an advanced, but affordable hiring solution that addresses their unique recruiting needs quickly and easily.

For crowdfunding startups that have limited resources and budget, Limitless People’s management team offers an Executive Search Package, which allows employers to leverage the firm’s extensive recruitment experience.  Seasoned HR professionals can be utilized to provide customer-tailored job searches allowing crowdfunding companies to stay focused on their core business of raising money for campaign managers.

For crowdfunding intermediaries, Limitless People offers cost effective access packages so that all recruitment activities can be integrated into one place effectively streamlining their candidate search activities rather than posting jobs and collecting candidates from multiple sources to save considerable time and money, while achieving higher results.

For crowdfunding job seekers, the free JobinCrowdfunding.com site is already live and accepting resumes to help candidates find new jobs and careers in the crowdfunding industry.

Limitless People is a worldwide software application development company that specializes in building career placement platforms for the crowdfunding, sports, entertainment, software, recruitment and telecommunications industries. For more information on Limitless People professional services, please visit the company’s website at www.limitlesspeople.com.

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eBeggars.com Launches Crowdfunding Platform to Help with Medical Bills, College Debt, Personal Finances or Mortgage Payments

18 Aug

eBeggars.com is a microfunding site used by those looking to raise money for themselves or a specific cause

By Robert Hoskins

eBeggars.com is a microfunding site used by those looking to raise money for themselves or a specific cause. The practice, also known as online begging, allows users to participate in the online version of traditional begging or panhandling, by asking strangers for money to meet needs and even wants. These can range from basic food and shelter to insurance bills, college debt, personal finances and nice gifts. The platform provides an easy way for members to ask others for financial help while keeping pride intact.

eBeggars.com Launches Crowdfunding Platform to Help with Medical Bills, College Debt, Personal Finances or Mortgage Payments

eBeggars.com Launches Crowdfunding Platform to Help with Medical Bills, College Debt, Personal Finances or Mortgage Payments

Free membership signup allows users to begin posting unique and compelling stories or causes for donations. If an entry seems like it warrants sympathy, support or a donation, users can click on the thumbs up button. Those that are not convincing enough may receive a thumbs down vote. If fellow users find the story intriguing and genuine enough, they can process donations via PayPal. eBeggars does not take a commission or charge members fees. All posts, payment processes and usage on the site is free. Any and all payment from donors are sent directly to the recipient’s PayPal account.

Jay Abraham, the founder of eBeggars.com states, “We are thrilled to have accomplished this milestone and look forward to continuing to support those in need. Initially this was created as hobby site, but it turned out to a real help for a lot of people when they really need help and support.”

Requests on the site consist of pleas from students responsible for younger siblings that are in financial crisis, parents in unfortunate situations, individuals still burdened by the effects of a crippled economy, those ineligible for financial aid and even victims of unavoidable natural disasters.

eBeggars has made it possible for anyone to receive money simply by sharing a compelling story and asking strangers for help. Cyberbegging has proven to be yet another way to gain financial assistance in hopes of becoming debt free, to purchase basic necessities or to reach a personal financial goal.

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National Financial Educators Council Launches SavingsFund.com Crowdfunding Site to Help Kids Save for College

25 Jun

Now kids have a crowdfunding site where friends and family can donate money to fund their future college education

By Robert Hoskins

The National Financial Educators Council has pre-launched the first crowdfunding platform designed for long-term financial security and personal finance education. SavingsFund.com was developed to give families a way to raise funds for their child’s future with the help of their family and friends. It also provides resources to deliver a real world financial education to the children.

SavingsFund helps families secure their children’s future by providing an easy way for loved ones to give money towards a child’s long-term savings goals (college, investments, etc). SavingsFund is a secure way to receive money for birthdays, holidays, and accomplishments.

SavingsFund helps families secure their children’s future by providing an easy way for loved ones to give money towards a child’s long-term savings goals (college, investments, etc). SavingsFund is a secure way to receive money for birthdays, holidays, and accomplishments.

According to econsultancy.com, at the end of 2012 there were expected to be more than 530 crowdfunding platforms. Of those, only SavingsFund is focused on helping families save money for their children while helping them acquire financial literacy skill sets.

Leveraging the latest technology and trends in the space, SavingsFund offers a unique approach to families seeking to save for their child’s future. With college costs expected to be over $200k for a state school and $400k for a private school in 2032, SavingsFund developers contend many families could not afford this unless they start saving early.

“The SavingsFund platform provides families timely financial education resources. As their savings account grows, so will their knowledge on how to manage their funds,” states Jayne Black, Mrs. Wisconsin International 2013 and SavingsFund National Spokesperson.

The National Financial Educators Council has been well-recognized for its leadership position in the financial education space. They develop cutting edge material that is used by youth and parents alike. Leveraging the support of celebrities, sports stars, and the entertainment industry helps raise interest and improve program effectiveness to reach this demographic. SavingsFund.com brings timely financial literacy training to families nationwide.

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Management Today Lists Top Eight Crowdfunding Sites

5 Feb

Management Today Lists Top Eight Crowdfunding Sites

When it comes to raising finance, crowdfunding is the new kid on the block. The model allows anyone to invest in a great idea or product, spawning a new generation of so-called ‘armchair investors’. Here are the top eight crowdfunding platforms making waves in the UK right now.

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