Big Bank partners with crowdfunding platform

If you need more proof that crowdfunding will become a mature way of raising money (either equity based or reward based):, a new Belgian platform, just gained support from Belgian bank Belfius, after it has previously secured a partnership with Electrabel (GDF Suez).

The bank will organise events with and will also send entrepreneurs to the platform.  For Belfius, the move is part of a marketing initiative to position itself as the bank for starting entrepreneurs. It adds that it has no plans to invest in startups.

Belfius already partnered with accelerator Idealabs in Antwerp and coworking space Betagroup in Brussels. Belfius is also the only Belgian bank offering bank guarantees for starters in partnership with the European Investment Fund, it says. The EIF offers partner banks a 50 % guarantee for bank guarantees issued to startups.

For, of course, it should give a nice boost in credibility – even when you account for the fact that banks suffer from a poor reputation at the moment. is a project of serial crowdfunding entrepreneur Bart Becks, who previously introduced crowdfunding for musicians ( and film ( It will offer both equity based funding and rewards based funding.

To review submissions on its platform, works with Belgian tech luminaries like Dries Buytaert (Drupal), Xavier Damman (Storify), Davy Kestens (Twitspark) and Saskia Schatteman (CMO Microsoft Benelux).

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Raf Weverbergh

Editor of whiteboard. Raf Weverbergh was a magazine journalist whose work appeared in magazines like Rolling Stone, Playboy, Mail on Sunday, Publico and South China Morning Post. He is the co-founder of FINN, a corporate communications agency where he advises startups and multinationals on their PR and Mustr, the easiest media database for PR professionals. You can contact him on Twitter, Linkedin or Skype (rafweverbergh).