Crowdo Expands Overseas, Partners IE Singapore to Accelerate Internationalization
Crowdo is the first Singapore Fin-Tech Startup to be registered with a regulator to provide Equity Crowdfunding
Partnering IE Singapore under Global Company Partnership (GCP)
August 28th, 2015, SINGAPORE
Crowdo (www.crowdo.com), a Singapore-based regional Crowdfunding platform, announced that it has partnered with International Enterprise (IE) Singapore (http://www.iesingapore.gov.sg) under its Global Company Partnership (GCP). It will be one of the first Fin-Tech Startups from Singapore to be accepted into the GCP.
Launched in 2013, Crowdo grew quickly to offer a full portfolio of Crowdfunding solutions including Equity Crowdfunding and Peer-to-Peer (P2P) Lending with operations in Singapore, Malaysia and Indonesia within a span of 2 years. The partnership with IE Singapore will take the Singapore home-grown company to the next level and help to reinforce Crowdo’s foothold in these markets and accelerate its regional expansion.
Said Crowdo CEO Leo Shimada “Its truly an honor to be accepted into such a prestigious partnership with IE Singapore. The GCP will help Crowdo elevate itself to a true ASEAN regional champion and leader in digital finance.”
[According to IE’s definition of GCP], IE Singapore’s GCP is meant to help Singapore companies who have the following attributes: Leadership with global aspirations; Clear internationalization plan; Competitive product or service; Potential economic benefits to Singapore.
Crowdo made history earlier this year to become the first Singapore FinTech Startup to be registered with a regulator to provide Equity Crowdfunding, and is currently transacting over 200 P2P loans. It has offices in Singapore, Malaysia and Indonesia.
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Crowdo (Previously known as Crowdonomic) is a regional fintech startup offering a full portfolio of crowdfunding solutions including Equity Crowdfunding and Peer-to-Peer Lending. Headquartered in Singapore, it has regional coverage with operational presence in Singapore, Malaysia and Indonesia.
Established in April of 2012, Crowdo is one of SE. Asia’s longest running crowdfunding platforms. It is the largest on a membership basis with a community in excess of 15,000 members growing at double digit growth rates. To date, it has helped to launch crowdfunding campaigns from six continents, and facilitated funding from 50 plus countries around the world.
Crowdo is the only SE. Asia platform offering both Equity Crowdfunding and P2P Lending. In June of 2015, it became the first and only Singapore Crowdfunding Operator to be registered with a Regulator (Securities Commission of Malaysia) for Equity Crowdfunding.
The Management Team has a combined experience of over 30 years in the finance and technology space from world-class institutions including McKinsey & Company, Accenture and the Banking Industry and Fortune 500 companies. It is a recognized thought leader and regional champion having been featured in major local and international media and TV.
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