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Symbid and Credion set to create the “largest” Dutch Crowdfunding Platform

Symbid and Credion set to create the “largest” Dutch Crowdfunding Platform

Symbid Corp., an investment crowdfunding platform, and Credion, a financial advisory firm in the Dutch SME market, announced on Thursday (December 11th) 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.

Alternative Financing