ROTTERDAM, THE NETHERLANDS and NEW YORK, NY — (Marketwired) — 10/08/14 — Symbid Corp. (OTCQB: SBID) ()
Symbid Corp., 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 (), 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, , 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 a minimum 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.(1) “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,” said Mr. Zandvliet.
Founded in April 2011 in the Netherlands as one of the first equity crowdfunding platforms worldwide, Symbid–s unique legal-financial structure allows non-accredited investors to invest online in start-ups and growing companies for as little as $27 (EUR20). Symbid () has emerged as a global leader in equity crowdfunding due to its innovative technological infrastructure, user-friendly interface and commitment to providing a secure funding environment for both investors and entrepreneurs. The Symbid team–s extensive start-up experience means entrepreneurs receive all the coaching and advice necessary for a successful campaign. This, in turn, ensures that investors using the Symbid platform can be confident in the profitability of their investment. As of September 2014, Symbid has successfully funded over 50 entrepreneurs and their start-ups for a total capital sum of over $6,500,000. It is generally accepted that Symbid became the first equity crowdfunding platform to be publicly listed in December 2013 (OTCQB: SBID). The company anticipates a European roll-out of its crowdfunding platform beginning in late 2014.
This release may include predictions, estimates or other information that might be considered “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgement on what the future holds, they are subject to risks and uncertainties that could cause actual results to differ materially. You are cautioned not to place undue reliance on these forward-looking statements, which reflect our opinions only as of the date of this release. Please keep in mind that we are not obligating ourselves to revise or publicly release the results of any revision to these forward-looking statements in light of new information or future events. The predictions discussed in this release are based on the personal opinions of certain individuals and are supported by a consensus within the crowdfunding industry and alternative finance world generally. For a more complete discussion of these predictions and certain risk factors which may affect our future business operations, please review our most recent Form 10-K and Form 10-Q, particularly under the heading “Risk Factors.” PDF copies of these forms can be viewed and downloaded on the Symbid Corp. Investor Relations website at .
(1) Douw & Koren, –Crowdfunding in Nederland– infographic, 22 July 2014
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Investor Relations (US):
Steve Gersten
Capital Markets Group
813-926-8920
Investor Relations (EU):
Frans Gunnink
Sharpe Financial
(+31) 629-541-542
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