PE Tech Report


Like this article?

Sign up to our free newsletter

Mawwell launches international crowdfunding platform for creative projects

Mawwell, a new international rewards-based crowdfunding destination for creative and innovative projects, has launched the first crowdfunding platform for the EMEA market.

Mawwell, which means "fund" in Arabic, aims at giving the opportunity for project creators who may be too small for venture capital firms or too innovative for bankers, to attract the attention from individuals whose financial support will help the projects.
"We are very excited about the launch of Mawwell as the first crowdfunding platform to fully address the EMEA creative projects crowdfunding needs,” says Joanna Truffaut, the founder and director of Mawwell.
Mawwell welcomes projects in the following categories: technology, music, gaming, art, comics, publishing, design, films & documentaries, photography, and fashion.
Project creators can post a project in one of the above categories and run fundraising campaigns, with a deadline and a target amount, in order to fund their creative projects. Each campaign targets pledgers who are looking to support creative or innovative projects against non-monetary rewards.
Pledges will automatically be paid to the project owner only if the campaign goal is reached or exceeded by the set deadline. If not, all pledges will be automatically cancelled, meaning that it is a neutral operation.
Mawwell intends to meet the fast growing creativity and innovation scene in Europe Middle and North Africa and help these projects get off the ground by leveraging the power of the crowd.
The website is currently available in English and Arabic.

Like this article? Sign up to our free newsletter