Symbid Corp. (OTCQB: SBID), The Funding Network™, has launched Symbid Italia S.p.A. in partnership with Gruppo Banca Sella.
Led by Managing Director Marco Bicocchi Pichi, Italian Business Angel of the Year 2014, Symbid Italia aims to provide Italian small business with an online funding platform based on its crowdfunding technology and Banca Sella’s banking expertise and local market knowledge.
In particular, Symbid will leverage Banca Sella’s payment solutions, banking services and network.
The company will operate in the Italian equity crowdfunding market following its registration as manager of a crowdfunding platform for the collection of risk capital via online portals as determined by the CONSOB and will function according to MiFID regulations regarding the size of investments.
It will launch in the second quarter of 2015.