CrowdPlus.asia, Asean’s first equity crowdfunding platform operator, has launched its maiden company, Curren$eek, aiming to raise up to RM500,000.
Curren$eek is a location-based currency comparison app poised to revolutionise the travel industry by enabling travellers to find or negotiate the best rates on the go. For this fundraising exercise, it is issuing between 9.09% and 14.29% of its equity.
SAME (Secretariat for the Advancement of Malaysian Entrepreneurs) facilitated the listing on the equity crowdfunding platform in Malaysia with its monthly pitching session in Menara Usahawan, Putrajaya.
CrowdPlus.asia, with it tried-and-tested deal sourcing and selection process, ensures only credible deals are presented for equity funding.
The equity crowdfunding platform also has the unique “QMI” feature that will bring to play qualified mentors and investors across the region to achieve greater value creation and enhance the success for companies funded through CrowdPlus.asia.
This fundraising campaign puts Curren$eek in a good position to scale its operations. Curren$eek takes the hassle out of locating and negotiating the best currency exchange rates in the Klang Valley. Over 25 million travellers to Malaysia could benefit annually from Curren$eek’s solution.
Users can see all the rates on a map along with the disparity between the best and worst.
Source: http://www.thestar.com.my/metro/smebiz/news/2015/12/28/briefs/, 28 Dec 2015
