 | The Group strengthens its focus on Digital Finance. Grow VC was the first company in the world to start equity crowdfunding in 2009. Since 2012 Grow VC Group has shifted its strategy to digital finance solutions and services, currently including 10 different businesses globally for enabling digital finance. Startup crowdfunding is not in the core focus of the group longer. Startup funding has many special features compared to other finance markets and assets. |
To further clarify the strategy and focus, the Grow VC Group has decided to sell the StartupCrowdfunding.com service that includes the world first equity startup crowdfunding service, #1 ranked domain and its startup crowdfunding platform. The sale is based on an auction that is executed by October 31, 2015. Interested parties can email their bids to mergersacquisitions@growvc.com. Only serious offers are entertained.
“StartupCrowdfunding.com is without a doubt the best domain on the Internet to operate startup crowdfunding; top ranked in search engines and easy to remember. It also has a great history when it is based on the first service in its category in a growing global market”, says Grow VC Group CEO and Co-founder Valto Loikkanen. He adds “the acquisition of this service is a great opportunity for parties in the startup funding market, and especially when we can see more consolidation and international services in the market and services need a better brand, search engine rank and market position.”
Jouko Ahvenainen, Grow VC Group Chairman and Co-founder comments “For Grow VC Group this is an important step to execute our strategy and concentrate resources on the digital finance where a real disruption is underway for the entire finance industry and our position is strong to be one of engines for change.” And Ahvenainen adds “We focus on business models that are truly global and, for example, work then with local partners that can offer services locally to consumers.”
Crowdfunding has become an important source of capital for startups in many countries. The crowdfunding market was estimated to be $16.2Bn in 2014 and it is growing over 100% annually. More countries develop their regulation to allow and accelerate it. Many business angel networks and VC’s develop models to utilize crowdfunding.
Bids:
mergersacquisitions@growvc.com
More information:
Email: valto@growvc.com or jouko@growvc.com
Phone: +44 7889 833 165, Jouko Ahvenainen (Wednesdays & Thursdays 3pm to 4pm London time)
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