FundedX, the secondary broker platform for Southeast Asia startups and private companies, launched

SINGAPORE (July 31): FundedHere, the Singapore-based crowdfunding platform, on Tuesday launched FundedX, a secondary broker platform that facilitates the trading of shares in high-growth startups and privately-held companies in Southeast Asia.

FundedHere established this platform with the aim to transform the Southeast Asian private market by creating new opportunities for investors and providing much needed liquidity for shareholders of privately-held companies in the region.

In typical fragmented secondary sales market, investors are required to go through a tedious process to buy and sell shares, as they have to connect directly with intermediaries, company secretaries and share registrars.

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