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Beban launches crowdfunding platform

MANAMA, January 3, 2023

Beban, a wholly-owned subsidiary of Hope Ventures, has officially launched its crowdfunding platform, Beban Crowdfunding with the aim of providing a platform for entrepreneurs to secure investment and business opportunities and shedding light on scalable businesses.
 
One of the key features of Beban’s fully-fledged crowdfunding mobile application is its minimal design and user-friendly interface, the company says.
 
As part of its goal to simplify the investment process, investors will also benefit from Beban Crowdfunding’s fully digital onboarding services to streamline their access safely and securely through digital ID verifications. Beban will be open for retail and accredited investors and will provide prospective investors with access to unique investment opportunities with stress-free ownership through its post-investment management services, it said.
 
The launch of Beban Crowdfunding, which comprises a crowdfunding web portal and mobile application, will be available for all GCC residents who are 21 years old and above and qualify to meet Beban’s terms and conditions. On the other hand, entrepreneurs looking to raise funds will be able to list their businesses to raise and start equity crowdfunding campaigns for a maximum duration of three months. 
 
The launch of the platform comes alongside the airing of its entrepreneurship-themed reality TV show, ‘Beban,’ which will allow retail and accredited investors to invest in opportunities pitching on the show beside reputable investors. This makes Beban TV show the first interactive reality TV show in the world with a crowdfunding element to it, the statement said.
 
Beban Crowdfunding is available for immediate downloading on App Store and Google Play or through www.beban.me and will allow individuals and organizations interested in investing in opportunities listed on Beban Crowdfunding with ticket sizes as minimal as $100 for shares in those companies. This will provide investors with ease of access to investment opportunities that were not previously available. 
 
Salman Mazen Matar, Head of Beban Crowdfunding, said: “At Beban Crowdfunding, we aim to ease access to a wider network of investors and enable the next generation of investors. Our goal is focused on providing a safe and secure crowdfunding platform by making access as easy and seamless as possible, and today, I am thrilled to be formally announcing the official launch of the platform.” – TradeArabia News Service
 



Tags: Bahrain | crowdfunding | Beban |

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