{"id":41030,"date":"2025-03-04T21:52:47","date_gmt":"2025-03-04T18:52:47","guid":{"rendered":"https:\/\/entarabi.com\/?p=41030"},"modified":"2025-03-04T21:52:47","modified_gmt":"2025-03-04T18:52:47","slug":"forus-acquires-36-stake-in-bahrain-based-crowdfunding-platform-biban","status":"publish","type":"post","link":"https:\/\/entarabi.com\/en\/2025\/03\/forus-acquires-36-stake-in-bahrain-based-crowdfunding-platform-biban\/","title":{"rendered":"Forus Acquires 36% Stake in Bahrain-Based Crowdfunding Platform Biban"},"content":{"rendered":"<ul>\n<li dir=\"ltr\" style=\"text-align: left;\" data-start=\"24\" data-end=\"149\"><strong data-start=\"26\" data-end=\"35\">Forus<\/strong> acquires <strong data-start=\"45\" data-end=\"67\">36% stake in Biban<\/strong>, a Bahrain-based crowdfunding platform licensed by the Central Bank of Bahrain.<\/li>\n<li dir=\"ltr\" style=\"text-align: left;\" data-start=\"150\" data-end=\"294\">The deal aims to <strong data-start=\"169\" data-end=\"202\">expand crowdfunding solutions<\/strong> and support startups in <strong data-start=\"227\" data-end=\"258\">Bahrain and the Gulf region<\/strong> with innovative financing models.<\/li>\n<li dir=\"ltr\" style=\"text-align: left;\" data-start=\"295\" data-end=\"447\">The <strong data-start=\"301\" data-end=\"375\">global crowdfunding market is expected to reach $40.03 billion by 2033<\/strong>, highlighting significant growth opportunities for startup financing.<\/li>\n<\/ul>\n<article class=\"w-full text-token-text-primary focus-visible:outline-2 focus-visible:outline-offset-[-4px]\" dir=\"auto\" data-testid=\"conversation-turn-337\" data-scroll-anchor=\"true\">\n<div class=\"m-auto text-base py-[18px] px-6\">\n<div class=\"mx-auto flex flex-1 text-base gap-4 md:gap-5 lg:gap-6 md:max-w-3xl lg:max-w-[40rem] xl:max-w-[48rem]\">\n<div class=\"group\/conversation-turn relative flex w-full min-w-0 flex-col agent-turn @xs\/thread:px-0 @sm\/thread:px-1.5 @md\/thread:px-4\">\n<div class=\"flex-col gap-1 md:gap-3\">\n<div class=\"flex max-w-full flex-col flex-grow\">\n<div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 whitespace-normal break-words text-start [.text-message+&amp;]:mt-5\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"4609d660-8c66-487b-87da-83ee51ddb048\" data-message-model-slug=\"gpt-4o\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[3px]\">\n<div class=\"markdown prose w-full break-words dark:prose-invert light\">\n<p data-start=\"532\" data-end=\"780\"><strong data-start=\"532\" data-end=\"541\">Forus<\/strong>, a leading investment firm specializing in <strong data-start=\"585\" data-end=\"631\">innovative startups across the MENA region<\/strong>, has announced the acquisition of a <strong data-start=\"668\" data-end=\"690\">36% stake in Biban<\/strong>, a <strong data-start=\"694\" data-end=\"711\">Bahrain-based<\/strong> crowdfunding platform licensed by the <strong data-start=\"750\" data-end=\"777\">Central Bank of Bahrain<\/strong>.<\/p>\n<h2 data-start=\"782\" data-end=\"835\"><span style=\"font-size: 14pt;\"><strong data-start=\"786\" data-end=\"835\">Empowering Entrepreneurs Through Crowdfunding<\/strong><\/span><\/h2>\n<p data-start=\"836\" data-end=\"924\">This strategic investment aims to <strong data-start=\"870\" data-end=\"913\">provide alternative financing solutions<\/strong> through:<\/p>\n<ul data-start=\"925\" data-end=\"1176\">\n<li data-start=\"925\" data-end=\"978\"><strong data-start=\"927\" data-end=\"975\">Sharia-compliant Murabaha-based crowdfunding<\/strong>.<\/li>\n<li data-start=\"979\" data-end=\"1060\"><strong data-start=\"981\" data-end=\"1004\">Equity crowdfunding<\/strong> to support small and medium-sized enterprises (SMEs).<\/li>\n<li data-start=\"1061\" data-end=\"1176\"><strong data-start=\"1063\" data-end=\"1112\">Improving access to capital for entrepreneurs<\/strong> facing liquidity challenges and seeking growth opportunities.<\/li>\n<\/ul>\n<h2 data-start=\"1178\" data-end=\"1219\"><span style=\"font-size: 14pt;\"><strong data-start=\"1182\" data-end=\"1219\"> Biban\u2019s Role in Startup Financing<\/strong><\/span><\/h2>\n<p data-start=\"1220\" data-end=\"1417\"><strong data-start=\"45\" data-end=\"67\"> Biban<\/strong> has successfully <strong data-start=\"1243\" data-end=\"1314\">facilitated alternative funding for startups in Bahrain and the GCC<\/strong>, raising over <strong data-start=\"1329\" data-end=\"1341\">$250,000<\/strong> from more than <strong data-start=\"1357\" data-end=\"1414\">5,000 investors, including individuals and businesses<\/strong>.<\/p>\n<h2 data-start=\"1419\" data-end=\"1459\"><span style=\"font-size: 14pt;\"><strong data-start=\"1423\" data-end=\"1459\">Strategic Partnership for Growth<\/strong><\/span><\/h2>\n<p data-start=\"1460\" data-end=\"1742\">With <strong data-start=\"1465\" data-end=\"1486\">Forus&#8217; investment<\/strong>, <strong data-start=\"45\" data-end=\"67\"> Biban<\/strong> is set to <strong data-start=\"1504\" data-end=\"1573\">expand its offerings and strengthen the entrepreneurial ecosystem<\/strong>. Leveraging <strong data-start=\"1586\" data-end=\"1628\">Forus\u2019 expertise and extensive network<\/strong>, the partnership will enable <strong data-start=\"45\" data-end=\"67\"> Biban<\/strong> to <strong data-start=\"1667\" data-end=\"1739\">enhance its platform and reach more startups across multiple sectors<\/strong>.<\/p>\n<h2 data-start=\"1744\" data-end=\"1786\"><span style=\"font-size: 14pt;\"><strong data-start=\"1748\" data-end=\"1786\">Growing Global Crowdfunding Market<\/strong><\/span><\/h2>\n<p data-start=\"1787\" data-end=\"2129\" data-is-last-node=\"\" data-is-only-node=\"\">Market projections indicate that <strong data-start=\"1820\" data-end=\"1888\">the venture capital market in Africa alone is worth $2.9 billion<\/strong>, while <strong data-start=\"1896\" data-end=\"1943\">SME credit pools are valued at $450 billion<\/strong>. The <strong data-start=\"1949\" data-end=\"2028\">global crowdfunding market is anticipated to grow to $40.03 billion by 2033<\/strong>, highlighting the increasing opportunities for startup financing through alternative funding models.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n","protected":false},"excerpt":{"rendered":"<p>Forus acquires 36% stake in Biban, a Bahrain-based crowdfunding platform licensed by the Central Bank of Bahrain. The deal aims to expand crowdfunding solutions and support startups in Bahrain and the Gulf region with innovative financing models. The global crowdfunding market is expected to reach $40.03 billion by 2033, highlighting significant growth opportunities for startup [&hellip;]<\/p>\n","protected":false},"author":37,"featured_media":41031,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"post_subtitle":"","footnotes":""},"categories":[1810],"tags":[7425,6896],"class_list":["post-41030","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fintech","tag-biban","tag-forus"],"_links":{"self":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/41030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/users\/37"}],"replies":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/comments?post=41030"}],"version-history":[{"count":0,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/41030\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media\/41031"}],"wp:attachment":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media?parent=41030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/categories?post=41030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/tags?post=41030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}