New partnership offers one-stop-shop for Crowd Equity Funding
European regulated marketplace operator GXG and Swedish equity based crowd funding innovator Crowd Equity are delighted to announce that an agreement has been signed to integrate respective companies business platforms for the establishment of an unique format and process for the new and booming crowd equity market.
The cooperation combines in essence a primary crowd equity issuance with a regulated branded secondary trading market for crowd equity funded small and medium sized companies. GXG and Crowd Equity are first on the market with this offer.
The founders of Crowd Equity, Leo Padazakos and Peter Sjögren together with Peter Almberg the CEO of GXG, are convinced that the crowd equity market, after the introduction of the JOBS act in America, will turn into a real game changer. In order to make crowd equity funding sustainable they strongly believe that it is essential to provide a secondary regulated market.
“A well functional crowd equity market will contribute to the creation of jobs and a more sustainable economy,” says Peter Sjögren, Chairman at Crowd Equity.
“Crowd funding will radically lower the cost for fund raising and investors will enable growth, rather than providing venture capital,” says Peter Almberg, CEO at GXG.
For further information please contact:
Peter Almberg, CEO GXG Global Exchange Group, firstname.lastname@example.org
Peter Sjögren, Chairman, Crowd Equity AB, email@example.com
About Crowd Equity AB
Crowd Equity has pioneered the Equity based Crowd Funding industry. Crowd Equity has invented the ”local capital” model primarily aimed at the development of local economies through “local investment companies (LIC)”. The model is equally suited for other thematic groups with a strong and active Crowd. Based on a hybrid financial instrument the model successfully avoids all complex valuation issues, simplifies Due Diligence and consolidates the crowd investment to one single shareholder (the LIC). The model is based on transparency and is licensed through an end-to-end web based platform.
About GXG Global Exchange Group AB
GXG Global Exchange Group is a holding company that through its fully owned subsidiaries GXG Technology AB and GXG Markets A/S run marketplaces and offer one stop solutions for exchange operators.
About GXG Markets A/S
GXG Markets is an exchange operator focusing on European small and medium sized enterprises. GXG Markets operates in accordance with the MiFID legislation under the supervision of the Danish FSA (Finanstilsynet). The GXG marketplaces are run electronically using the GXG Global Exchange Group proprietary trading system, GXG Tellus. GXG Markets is since 2011 also established in Lo