What is "eureeca"

Eureeca is an equity crowdfunding platform with offices in Dubai, London, and Kuala Lumpur that allows early-stage businesses and small and medium-sized enterprises (SMEs) to raise capital from a group of investors in exchange for equity. Launched in Dubai in 2013 by Chris Thomas and Sam Quawasmi, Eureeca serves as an alternative financing option to more traditional financing sources such as banks and venture capital firms.

15 early-stage businesses and SMEs have successfully raised through the platform.

In March 2015, Eureeca received regulatory approval from the United Kingdom's Financial Conduct Authority (FCA), which allowed it to begin actively listing British early-stage businesses and SMEs on its platform.