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Symbid Announces 30% Revenue Growth in Q3 2015

Financial Technology Brand Reports Growth Above 25% for Second Consecutive Quarter, Adds New Revenue Streams to The Funding Network(TM)


ROTTERDAM, THE NETHERLANDS and NEW YORK, NY--(Marketwired - Nov 16, 2015) -  Symbid Corp. (OTCQB: SBID) www.symbidcorp.com

"We are delighted to report continued strong revenue growth from an increasing number of revenue streams. The diversified product portfolio of The Funding Network™ has delivered promising results in the first six months since its launch in March and is creating real value for investors and entrepreneurs. Clearly there is huge potential to further commercialise our transaction volume. The consistent growth in revenue we've been seeing in 2015 gives us the foundation to do just that while we continue to innovate at the forefront of online funding," said Korstiaan Zandvliet, co-founder and CEO of Symbid Corp.

"In the context of this expanded product portfolio for investors and entrepreneurs we continued to grow our core business with transaction-based crowdfunding revenues up 16% from the same period last year. It is satisfying to see that we are continuing to grow ahead of the market in equity crowdfunding. Meanwhile, the successful release of our loan product not only adds another revenue stream to our core crowdfunding business but also strengthens our position as a leading European online funding platform. We believe this is a key differentiator in what is a highly competitive alternative finance market. Of course, our crowdfunding platform now forms part of our complete funding offering to start-ups and small businesses: The Funding Network™. This is also reflected in the addition of new revenue streams in this quarter including registration fees and monthly recurring monitoring fees. Furthermore, the granting of an equity crowdfunding license to Symbid Italy by the Italian authority financial markets represents a key milestone in our international expansion next to the continued development of Symbid Germany."

"As we look ahead to the end of the year I see enormous potential for the Company if we can continue to build on this strong revenue growth. The market's reaction to the launch of The Funding Network™ has been positive and our progress so far in commercialising this innovative product portfolio is encouraging. I am confident that the foundations for the Company to become the leading European online funding platform in 2016 are now in place."

Summary of Third Quarter 2015 Financial Performance:

2015 Commercial Outlook:


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Disclaimer
This press release is for information purposes only and is not intended to constitute, and should not be construed as, an offer to sell or a solicitation of any offer to buy securities of Symbid Corp. (the "Company") in the United States, Australia, Canada or Japan or in any other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of such jurisdiction.

About Symbid Corp.
Founded in 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 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 (www.symbid.com) is a go-to platform for entrepreneurs in search of funding and investors in search of exciting opportunities. As of October 2015, The Funding Network™ has a monthly transaction volume of approximately $55 million. With over 50 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.

Contacts
Press and investor relations:
Frans Gunnink
Sharpe Financial 
(+31) 629-541-542
frans.gunnink@sharpefinancial.com

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