Fundwise announces collaboration with Estonian e-Residency
05. November 2015
Fundwise - the first equity crowdfunding platform in Estonia and the Baltic states - and the Estonian e-Residency team are preparing to launch the first business crowdfunding platform with secure authentication and digital signing.
“The Republic of Estonia is the first country in the world to offer e-Residency - a transnational digital identity available to anyone in the world interested in administering a location-independent business online,” said Kaspar Korjus, e-Residency Programme Director.
The Estonian government launched e-Residency to make Estonia bigger: to grow the country's digital economy and market with new customers, thereby sparking innovation and attracting new investments. In addition, e-Residency makes life and business easier and more efficient for everybody who already have a business or other relation to Estonia. “The next big step for e-Residency programme is to add new services for e-residents,” Korjus stated.
Fundwise is the 1st equity crowdfunding platform in Estonia and the Baltic states which aims to be also the first business crowdfunding platform with secure authentication and digital signing.
“e-Residency enables secure and convenient digital services that facilitate credibility and trust online and we are excited to work with such an innovative project ,” said Henri Laupmaa, Fundwise's CEO, adding: “We are also happy to welcome all the e-residents to our platform - be it to start a campaign or invest in Estonian companies.”
Digital signatures and authentication are legally equivalent to handwritten signatures and face-to-face identification in Estonia and between partners upon agreement anywhere around the world. The e-Resident digital ID and services are built on state-of-the-art technological solutions, including 2048-bit public key encryption. The smart ID card contains a microchip with two security certificates: one for authentication, called PIN1, and another for digital signing, called PIN2.
“The Estonian government issued digital identity card can solve a number of problems for Crowdfunding and Alternative Finance platforms, such as KYC-regulations, cross-border investments and e-voting for shareholders in Equity crowdfunding projects,” said Ronald Kleverlaan, co-founder of the European Crowdfunding Network and founder of the CrowdfundingHub.
The pioneering crowdfunding platform is estimated to be ready by Q1 of 2016 - to be among the first to be informed be sure to sign up at fundwise.me. If you still have not applied for e-Residency, here is your chance e-resident.gov.ee.
Photo: Well-known Silicon-Valley based author, speaker, entrepreneur, and Apple’s former chief evangelist Guy Kawasaki applying for e-Residency at Nordic Business Forum. Kawasaki is accompanied by e-Residency Programme Director Kaspar Korjus.
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