SOURCE: Symbid Corp.

Symbid Corp.

March 31, 2015 08:15 ET

Symbid Announces $40m of Investments via The Funding Network™ in First Month

Financial Technology Brand Symbid Reports 53 Companies Funded in First Month of The Funding Network™

ROTTERDAM, THE NETHERLANDS and NEW YORK, NY--(Marketwired - Mar 31, 2015) - Symbid Corp. (OTCQB: SBID) www.symbidcorp.com

Symbid, an online funding platform for start-ups and small businesses, today announced its transaction volume since launching The Funding Network™ on March 4, 2015. Over 50 companies were funded via The Funding Network™ for a total of $40.1 million in 22 days, creating the potential for future Symbid revenue streams. The results include the hybrid financing of a temporary work agency and book wholesaler by a bank and venture fund for a combined total above $2 million.

Symbid began as one of the first equity crowdfunding platforms worldwide and now offers several forms of corporate finance including bank loans, venture capital, angel investors, factoring, leasing and crowdfunding. The results confirm that The Funding Network™, in collaboration with its strategic partners, is on track for an expected transaction volume worth $800 million in 2015. Symbid announced the results on the same day Dutch Minister of Economic Affairs Henk Kamp visited its offices in Rotterdam.

"Facilitating over $40 million of investments in just 22 days is a great achievement for The Funding Network™. By combining different types of finance on one platform we're simplifying the way small businesses are funded. Symbid is now well on its way to building a more efficient, transparent capital market for investors and entrepreneurs," said Korstiaan Zandvliet, co-founder and CEO of Symbid Corp. "With over 40 institutional and 30,000 private investors already connected to The Funding Network™, we at Symbid are excited about its potential for generating future revenues and, ultimately, helping to democratize finance."

The Funding Network™ is a go-to platform for start-ups and small businesses in search of funding, connecting traditional and alternative finance with advanced investing, monitoring and standardized data tools. These results, with over $40 million funded via The Funding Network™ in its first month, are a validation of the new, online model for the financial industry. Although this funding volume does not currently equate to a significant revenue stream there is potential for a monthly recurring revenue model to be added in the near future.

About Symbid Corp.
Founded in April 2011 as one of the first investment crowdfunding platforms worldwide, Symbid is The Funding Network™, where companies get funded and grow. As a leading online funding portal for small- and medium-sized enterprises, Symbid (www.symbid.com) gives entrepreneurs direct access to traditional and alternative forms of finance, while offering investors full transparency on the potential risks and returns of their portfolio. Advanced investing, monitoring and data tools ensure companies connecting to The Funding Network™ are financed in the most efficient way possible. Built around cutting-edge technology and expert financial advice, The Funding Network™ by Symbid is the go-to platform for entrepreneurs in search of funding and investors in search of exciting opportunities. As of March 2015, The Funding Network™ has a monthly transaction volume of $40 million with the potential for generating future revenue streams. With over 40 funding partners already connected -- including banks, venture capital, angel investors and 30,000 private (crowdfunding) investors -- the total transaction volume of The Funding Network™ in 2015 is estimated at $800 million. Symbid Corp. is a U.S. publicly listed company (OTCQB: SBID). For investor relations, please visit www.symbidcorp.com.

Safe Harbor Statement
This release may include predictions, estimates or other information that might be considered "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgement on what the future holds, they are subject to risks and uncertainties that could cause actual results to differ materially. You are cautioned not to place undue reliance on these forward-looking statements, which reflect our opinions only as of the date of this release. Please keep in mind that we are not obligating ourselves to revise or publicly release the results of any revision to these forward-looking statements in light of new information or future events. The predictions discussed in this release are based on the personal opinions of certain individuals and are supported by a consensus within the crowdfunding industry and alternative finance world generally. For a more complete discussion of these predictions and certain risk factors which may affect our future business operations, please review our most recent Form 10-K, particularly under the heading "Risk Factors." PDF copies of these forms can be viewed and downloaded on the Symbid Corp. Investor Relations website at www.symbidcorp.com.

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