Fundedbyme completes full regulatory licence in UAE

Fundedbyme, a leading global crowdfunding website that allows companies to raise funds by selling equity, trough equity crowdfunding, has recently launched operations at the DIFC ater obtaining full equity crowdfunding licence from the DFSA. Previous communication announced an ‘in principle approval’ subject to specific conditions, like company incorporation that now have been met.

Samer Toukan, CEO - Fundedbyme Mena, and Daniel Daboczy, group CEO - Fundedbyme Group, now confirm completion of all requirements and securing final license approval. 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 licence, 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 now go to Fundedbyme Mena to begin their fundraising campaigns.

Business Bureau, Gulf Today