Crowdbase Acquires European License

7th March 2024, Nicosia, Cyprus - Crowdbase, the first investment based crowdfunding platform in Cyprus, is thrilled to announce a major leap forward with the acquisition of the European Crowdfunding Service Provider (ECSP) License (license no. CSP 1/23). This landmark achievement marks a transformative moment for Crowdbase, enabling us to extend our innovative funding solutions across the European Union, and kickstarting a new chapter in our journey to democratise investment opportunities.

A Brief History Lesson

Since our inception, we have successfully facilitated over €1.25 million in investments through our platform, supporting the growth of two innovative startups (easyBoat, Snap) and a pioneering real estate project (The Courtyard). Despite these achievements, our efforts were previously confined to Cyprus due to regulatory restrictions, limiting our ability to fundraise for companies and engage investors beyond national borders.

Breaking New Ground

The ECSP License changes everything. With it, Crowdbase is set to significantly expand its horizons. We can now launch crowdfunding campaigns for companies registered anywhere in the EU and market to investors across the union. This pivotal change is expected to enhance the quantity and quality of our projects and broaden our investor base far beyond the >90% currently residing in Cyprus.

What it Means for Investors and Entrepreneurs

For investors, this expansion opens up a world of opportunities, providing access to a broader range of investment options across the entire EU. This means not only an increased variety of projects available for investment, promoting portfolio diversification, but also the chance to join a vibrant community of like-minded investors and entrepreneurs.

For entrepreneurs, the ECSP license offers a gateway to a Pan-European investor base, significantly enhancing visibility and market exposure. Crowdfunding with Crowdbase now offers unparalleled marketing exposure and the opportunity to transform your customer base into invested brand advocates. This strategy not only aligns incentives but also creates a powerful network effect, amplifying your company's reach and impact.

Commitment to Quality Remains Paramount

As we venture into this broader landscape, our commitment to excellence remains unwavering. The introduction of projects from across the EU will be a careful, deliberate process, adhering to our rigorous selection protocols to present quality opportunities to our investors. This expansion will not happen overnight but will unfold thoughtfully to comply with all applicable laws and regulations.

Looking Ahead

Companies seeking to fundraise for expansion or go-to-market across the EU now have a partner in Crowdbase, equipped to connect them with a broad and diverse pool of investors. Our aim is not just to facilitate crowdfunding but to build a comprehensive ecosystem around it, streamlining the process with additional services that complement and enhance our primary offering.

Our vision for growth includes geographical expansion, starting with an exciting venture into the Greek market. This step represents our broader strategy to embrace and integrate with vibrant entrepreneurial communities across Europe.

Keep an eye out for upcoming announcements as we continue to build and grow, enhancing our presence in Greece and beyond.

Join Our Journey

Ready to be part of something groundbreaking? Explore our website and see how you can join our transformative journey into the future of crowdfunding.