Financial Centre (DIFC), the region’s leading financial hub, connecting
business and financial institutions with emerging market opportunities across
the Middle, East, Africa and South Asia (MEASA), announced that it has become home to the
first Equity Crowdfunding platform in the region, Eureeca. It is the first
multi-regulated global Equity Crowdfunding platform with over 12,000 investors
from 42 countries. It enables entrepreneurs and high growth businesses to raise
much needed expansion capital and create new partnerships for growth.
network, that ranges from small scale and angel investors, to institutional
investors and corporates, can access exciting new investment opportunities from
multiple countries globally allowing them to buy shares and make equity
investments in these companies.
Co-founder of Eureeca discussed the offering Eureeca would be bringing to the
region. “Born out of
Dubai, and after the Dubai Financial Services Authority’s (DFSA) tremendous
efforts, Eureeca is delighted to be the first Equity Crowdfunding platform to
be licensed to operate with a representative office in the DIFC. We offer
investors a stable multi-regulated platform to invest in the businesses of the
future,” he commented.
Sam Quawasmi, Co-CEO and Co-founder of Eureeca |
Amiri said, “The MEASA region is the world’s fastest growing region. As a
financial hub, we are always striving for new ways to help firms access this
$7.8 trillion market of 3 billion people, home to a vast array of start-ups
with a strong entrepreneurial spirit. Eureeca, the first ever equity
crowdfunding platform in the region, will help link these high growth
businesses with much needed and underserved capital. It is a testament to the
regulatory infrastructure we have put in place that they have chosen DIFC as
their regional hub, with firms like these a crucial part of our plan for our
2024 Growth Strategy.”
the attractiveness of DIFC as a fintech hub, Amiri added, “Fintech is
the future of financial services and it is key to opening up many sectors in
emerging markets and driving financial inclusion. In recent years, we have
invested heavily in creating an ecosystem for fintech firms, backed up by
world-class legal and regulatory structures. I am sure Eureeca will benefit from
access to the MEASA region through the DIFC’s enabling platform, bringing
multiple opportunities for networking and partnerships for growth.”
Chris Thomas, Co-CEO and Co-founder of Eureeca |
recently raised $400,000 in 12 days on its self-funding campaign with the funds
being used to fuel Eureeca’s aggressive international growth plans and
continued development of their product offering.