FundedByMe Granted License to Operate Crowdfunding Platform in UAEby Fintechnews Middle East 14. March 2019
FundedByMe, an equity crowdfunding platform, has recently launched operations at the DIFC after obtaining full equity crowdfunding license from the DFSA.
FundedByMe MENA aims at launching its first campaign on the local platform early in Q2 of 2019.
“With the comprehensive review and approval process we went through for our DFSA license, we are proud to say that FundedByMe is the only regulated equity crowdfunding platforms in the region.
We have developed a 15-step due-diligence process to ensure that quality is maintained throughout the fundraising cycle. This highly selective process creates confidence and credibility with our investors, in the quality of our campaigns and in the source of involved funds.”
says Samer Toukan, CEO of FundedByMe MENA.
Company owners with valid trade licenses, ambitious business plans, and clear financial projections can soon go to FundedByMe MENA to begin their fundraising campaigns.
The UAE is the latest addition to FundedByMe’s operational network, in addition to existing joint ventures in 5 other countries around the globe. Prior to launching in the UAE, over 269,000 registered investors (from 111 countries) successfully funded around 500 companies (from 25 countries) with more than €55 million (AED 232,000,000).
Featured image credit: Unsplash