Bizhare equity crowdfunding attracts over 50,000 retail investors, starts secondary trading

Bizhare leadership team (from L to R): CIO Wahyu Sanjaya, CTO Giovanni Umboh, CEO Heinrich Vincent, CFO Gatot Adhi Wibowo © Bizhare

A partner of the Indonesia Central Securities Depository, Bizhare also lowered minimum investment amounts, implemented scripless trading and handpicked businesses on its platform

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Indonesian equity crowdfunding (ECF) platform Bizhare achieved significant growth milestones throughout 2020, with 55,000 registered investors and 45 share-issuing companies. The company also opened secondary trading for shares in three companies, providing an exit opportunity for investors.Speaking to CompassList in an online interview, Bizhare CEO and founder Heinrich Vincent said that between 40% and 50% of registered users are actively investing in the featured businesses, which include convenience stores, F&B franchise outlets and some farming-related small enterprises.“There’s defini...
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