Founded in 2010, Cesynt had already conducted a first equity crowdfunding campaign on Opstart in June 2018, collecting $297,000 (€250,000), following which the company distributed a dividend of about $59,400 (€50,000).The company was just listed on Euronext Access+.With the listing on Euronext, Cesynt was therefore able to realize the crowdlisting announced at the end of June.0 J.Frank Sigerson
Cesynt Advanced Solutions, an Italian company active in the distance learning market, was listed on Euronext Access+ with a listing ceremony on Monday, November 23rd.In the transaction, the company was assisted by Dwf.Pairstech Capital Management acted as listing sponsor of the operation.
Cesynt and to read the latest market is available for free, for both Android and iOS devices, and brings you the most important financial headlines from around the world An equity crowdfunding campaign raised $1.19 million
The listing of Cesynt follows the closing in December 2019, with a collection of over $1.19 million (€1 million), of an equity crowdfunding campaign on the Italian portal Opstart, aimed at financing the software dedicated to the management of iSkilled e-learning platforms.The campaign had reached in a few hours the minimum target of $297,000 (€250,000).
Among the investors in Cesynt, also includes the Italian investment company in startups and innovative SMEs Innovative-RFK.The funds raised with the campaign will be used to further develop its digital technologies, enhance the company’s marketing and sales and enter into new business agreements, including with foreign countries.
With the listing on Euronext, Cesynt was, therefore, able to realize the crowdlisting announced at the end of June.
Crowdlisting is a medium-term path dedicated to SMEs , which combines the tool of collection with equity crowdfunding and private placement.The aim is to replicate a real quotation, at costs and timing enormously lower than traditional quotations.
“The listing operation projects into a wider area, which becomes both an objective and a springboard for future technical and commercial developments”, commented Cesynt’s founder, Armando Miele.The first company in Italy to distribute dividend to shareholders after an equity crowdfunding campaign
Founded in 2010, Cesynt had already conducted a first equity crowdfunding campaign on Opstart in June 2018, collecting $297,000 (€250,000), following which the company distributed a dividend of about $59,400 (€50,000), equal to 20% of what was collected on the platform.It was the first time in Italy that a company that conducted an equity crowdfunding campaign distributed a dividend to shareholders.
The company, based in Oria (Taranto), manages a portal for the mandatory updating of professionals and has developed iSkilled.
The latter is an economic LMS (Learning Management System) that allows to publish online courses, video-courses and useful materials for internal and external professional training.Thanks to the platform, the customer can create his e-learning site, developing the contents and producing the relevant certificates.It can also manage the network of affiliates directly from the portal, monitoring the results directly from the system.The e-learning platform iSkilled boasts over 45 thousand active users, more than 1,000 courses and a turnover doubled in 2018.
It also aims to expand to international markets with the creation of iskilled.co.uk and iskilled.es, aimed at the British and Spanish markets respectively.
Julia M Cameron via Pexels Crowdfunding buzz J.Frank Sigerson
J.Frank Sigerson is a business and financial journalist primarily covering crypto, cannabis, crowdfunding, technology, and marketing.He also writes about the movers and shakers in the stock market, especially in biotech, healthcare, mining, and blockchain.In the past, he has shared his thoughts on IT and design, social media, pop culture, food and wine, TV, film, and music.
His works have been published in Investing.com, Equities.com, Seeking Alpha, Mogul, Small Cap Network, CNN, Technology.org, among others.Continue Reading.
