NASSAU, Bahamas — One thousand interested investors have already started crowdfunding platform ArawakX’s onboarding process, which tells the company’s spokesperson and Chief Technology Officer D’Arcy Rahming Jr. that there is a hungry market out there for new types of investments, The Nassau Guardian reported on Friday, July 9.
With almost 70 companies already in the beginning phases of being vetted and receiving regulatory approval to begin crowdfunding, Rahming is positive ArawakX will make an impression on the many micro, small and medium-sized enterprises (MSMEs) ready for funding to grow their businesses.
The ArawakX platform is in its beta stage, but Rahming said the platform could list its first company for investor uptake within one week.
And while the crowdfunding space can sometimes be misconstrued as a place for funding any run-of-the-mill idea, ArawakX is ensuring that companies have a market, market access, growth potential, innovation and corporate governance.
“Because of our experience in management consulting, we’ve seen what makes companies work from what doesn’t,” said Rahming.
“And this whole corporate governance is supposed to put a company in its best form so that it has its best chance to succeed.
“Let’s be honest, when a company succeeds not only do we make money as the platform, but society does better. We all need these companies to succeed. That’s what corporate governance is really about, putting that company in the best shape possible.”
Rahming said ArawakX is providing the platform as well as the parameters companies need to meet to begin crowdfunding. So far, ArawakX has seen interested companies coming from the agrobusiness space, tourism, technology and the medical sector. See complete story in The Nassau Guardian at https://thenassauguardian.com/crowdfunding-platform-arawakx-attracts-1000-interested-investors-so-far/
