{"id":4450,"date":"2015-05-28T09:42:30","date_gmt":"2015-05-28T09:42:30","guid":{"rendered":"http:\/\/revoscience.com\/en\/?p=4450"},"modified":"2015-05-28T09:42:30","modified_gmt":"2015-05-28T09:42:30","slug":"asias-crowdfunding-scene-surges-forward-with-three-party-alliance","status":"publish","type":"post","link":"https:\/\/www.revoscience.com\/en\/asias-crowdfunding-scene-surges-forward-with-three-party-alliance\/","title":{"rendered":"Asia’s Crowdfunding Scene Surges Forward with Three-Party Alliance"},"content":{"rendered":"

\"photo\"<\/span><\/a><\/strong>Today marks a significant chapter in Singapore\u2019s fast-growing crowdfunding industry, as crowdfunding platforms CoAssets, FundedByMe, and New Union announce an alliance that sees the three platforms combining forces to develop the local and regional crowdfunding industry.\u00a0<\/span>
\u00a0<\/em><\/span>
All three platforms – CoAssets, FundedByMe, and New Union\u00a0–<\/strong>\u00a0today have international reach of investors and campaigns. Together the alliance recorded over S$200 million dollars raised through crowdfunding campaigns in 2014, with growth expected to accelerate over 2015.\u00a0<\/span>

Said Getty Goh, founder and CEO of CoAssets, \u201cAs an individual company, there is only so much we can do.\u00a0 Hence, I am excited and honored to be a part of this three-way alliance. However, this is just a first step and we hope that more stakeholders will join this alliance so that it can eventually pave the way for Fintech trade association. As Fintech is a burgeoning sector, the best way forward is to come together and engage the authorities collectively.\u00a0 Akin to the Singapore Venture Capitalist and Private Equity Association (SVCA) or Real Estate Developers Association of Singapore (REDAS), having a Fintech association is not only a good way to promote self-governance, it can also bring greater awareness to what this industry is all about.\u201d<\/span>
\u00a0<\/span>
\u201cWe are excited about this development with likeminded partners in the industry. There\u2019s so much more we can do together, once we focus on developing the market here and globally in 2015. Crowdfunding is definitely on an uptrend \u2013\u2013 we experienced over 600% growth in 2014 year-on-year \u2013\u2013 and expect that the next wave of growth will exponential especially considering this alliance, coupled with surging Asian demand,\u201d said Daniel Daboczy, founder and CEO of FundedByMe.<\/span>
\u00a0<\/span>
\u201cTechnology and the world-wide-web have become irreplaceable to our daily life, and every day business — and today, this alliance represents the emerging wave of financial services that meet crucial needs in the business community. Our commitment is to work closely with\u00a0government agencies and financial institutions to spearhead a progressive and trustworthy crowdfunding environment,” Jeremiah Lee, Founder and Managing Director of New Union.<\/span>
\u00a0<\/span>
The three platforms plan to launch their first combined crowdfunding project in Q3 of this year, as well as joint conferences over the months following their alliance announcement.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Today marks a significant chapter in Singapore\u2019s fast-growing crowdfunding industry, as crowdfunding platforms CoAssets, FundedByMe, and New Union announce an alliance that sees the three platforms combining forces to develop the local and regional crowdfunding industry.\u00a0\u00a0All three platforms – CoAssets, FundedByMe, and New Union\u00a0–\u00a0today have international reach of investors and campaigns. Together the alliance recorded […]<\/p>\n","protected":false},"author":2,"featured_media":4451,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[],"class_list":["post-4450","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-it"],"featured_image_urls":{"full":["https:\/\/www.revoscience.com\/en\/wp-content\/uploads\/2015\/05\/photo.png",120,120,false],"thumbnail":["https:\/\/www.revoscience.com\/en\/wp-content\/uploads\/2015\/05\/photo.png",120,120,false],"medium":["https:\/\/www.revoscience.com\/en\/wp-content\/uploads\/2015\/05\/photo.png",120,120,false],"medium_large":["https:\/\/www.revoscience.com\/en\/wp-content\/uploads\/2015\/05\/photo.png",120,120,false],"large":["https:\/\/www.revoscience.com\/en\/wp-content\/uploads\/2015\/05\/photo.png",120,120,false],"1536x1536":["https:\/\/www.revoscience.com\/en\/wp-content\/uploads\/2015\/05\/photo.png",120,120,false],"2048x2048":["https:\/\/www.revoscience.com\/en\/wp-content\/uploads\/2015\/05\/photo.png",120,120,false],"ultp_layout_landscape_large":["https:\/\/www.revoscience.com\/en\/wp-content\/uploads\/2015\/05\/photo.png",120,120,false],"ultp_layout_landscape":["https:\/\/www.revoscience.com\/en\/wp-content\/uploads\/2015\/05\/photo.png",120,120,false],"ultp_layout_portrait":["https:\/\/www.revoscience.com\/en\/wp-content\/uploads\/2015\/05\/photo.png",120,120,false],"ultp_layout_square":["https:\/\/www.revoscience.com\/en\/wp-content\/uploads\/2015\/05\/photo.png",120,120,false],"newspaper-x-single-post":["https:\/\/www.revoscience.com\/en\/wp-content\/uploads\/2015\/05\/photo.png",120,120,false],"newspaper-x-recent-post-big":["https:\/\/www.revoscience.com\/en\/wp-content\/uploads\/2015\/05\/photo.png",120,120,false],"newspaper-x-recent-post-list-image":["https:\/\/www.revoscience.com\/en\/wp-content\/uploads\/2015\/05\/photo.png",65,65,false],"web-stories-poster-portrait":["https:\/\/www.revoscience.com\/en\/wp-content\/uploads\/2015\/05\/photo.png",120,120,false],"web-stories-publisher-logo":["https:\/\/www.revoscience.com\/en\/wp-content\/uploads\/2015\/05\/photo.png",96,96,false],"web-stories-thumbnail":["https:\/\/www.revoscience.com\/en\/wp-content\/uploads\/2015\/05\/photo.png",120,120,false]},"author_info":{"info":["RevoScience"]},"category_info":"IT<\/a>","tag_info":"IT","comment_count":"0","_links":{"self":[{"href":"https:\/\/www.revoscience.com\/en\/wp-json\/wp\/v2\/posts\/4450","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.revoscience.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.revoscience.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.revoscience.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.revoscience.com\/en\/wp-json\/wp\/v2\/comments?post=4450"}],"version-history":[{"count":0,"href":"https:\/\/www.revoscience.com\/en\/wp-json\/wp\/v2\/posts\/4450\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.revoscience.com\/en\/wp-json\/wp\/v2\/media\/4451"}],"wp:attachment":[{"href":"https:\/\/www.revoscience.com\/en\/wp-json\/wp\/v2\/media?parent=4450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.revoscience.com\/en\/wp-json\/wp\/v2\/categories?post=4450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.revoscience.com\/en\/wp-json\/wp\/v2\/tags?post=4450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}