Sweden’s FundedByMe expands to crowd-lending

FundedByMe confirms today that its expansion into Asia through Singapore proves successful as investments from Asia into European companies are already happening on a regular basis. Others have claimed it prematurely before, but this creates the world’s first true widely cross-border equity crowdfunding website.FundedByMe-team

Description The website provides a platform for people to invest in companies early-stage and growth in return for equity. Seeing the success and growth of crowd financing, FundedByMe also confirms plans to add crowd lending to its main markets. Starting with profit-participating loans in Germany and soon adding peer-to-company lending and convertible lending to Sweden followed by its other markets.

Source: crowdsourcing.org