Beehive, an online marketplace that matches small and medium-sized businesses looking to bypass high-interest bank loans with investors hunting returns, said that it is now arranging short-term loans for cash-strapped SMEs that face payment delays.
Dubai, 4 April 2015: Beehive, the UAE’s leading online marketplace for peer-to-peer finance announced it has reached a critical milestone where over 1,000 people have registered to become investors since its official launch in November 2014.
Pixelbug is a global pioneer in augmented reality technology, providing technology driven marketing solutions. Established in Dubai in 2012, and founded by Dany El Eid, a seasoned tech entrepreneur, they have the objective of making the world a more interactive place by fusing the digital with the physical world.
A panel discussion on this subject was held at Capital Club, Dubai’s premier private City Club and member of the ENSHAA group of companies, on March 9, 2015.
When Dany El Eid, a Lebanese-born entrepreneur, needed quick cash to fund his Dubai-based digital technology business Pixelbug he found the banks were offering him enormous rates of interest and a mountain of paperwork to get it.
As Business leaders, it is likely that you will think of crowdfunding in terms of raising investment for business, but have you ever thought of it as a way of investing your own money?
