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Tuesday, 09/23/2014 2:23:02 PM

Tuesday, September 23, 2014 2:23:02 PM

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Symbid Breaks 5 million Euro raised

Netherlands based Symbid has announced a new milestone for the growing investment crowdfunding platform. The publicly traded company has surpassed €5 million (approximately $6.4 million) in investment crowdfunding. This growth benefited from a solid Q2 in 2014 where Symbid facilitated over $1.55 during the quarter.

Symbid, launched in 2011, has seen average investment per user double to $940 during 2014. Management Korstiaan Zandvliet Managing Director Symbidalso states their market share of Dutch seed capital has increased to 10%.