CASE STUDY
Building Beban Crowdfunding
As the global crowdfunding market grows toward USD 72.88 billion by 2032, Hope Ventures saw an opportunity to make startup investing more accessible across Bahrain and the GCC. Partnering with Codebase Technologies, they launched Beban Crowdfunding on Digibanc in 6 months, extending the investment experience of the Beban TV show into a digital platform connecting regional investors with promising businesses seeking capital.
Project Overview
Share this page
Across the GCC, crowdfunding is gaining momentum as businesses and investors seek more accessible ways to connect capital with opportunity. Globally, the crowdfunding market is projected to grow from USD 19.86 billion in 2023 to USD 72.88 billion by 2032, at a 16.1% CAGR. Yet despite this growth, the GCC crowdfunding industry has consistently punched below its weight due to barriers such as regulatory complexity and investor skepticism, limiting access to digital investment opportunities for businesses and investors alike.
Hope Ventures saw an opportunity to bring this momentum to Bahrain and the wider GCC by taking the investment experience of Beban beyond television and into a digital crowdfunding platform. Partnering with Codebase Technologies, the team built Beban Crowdfunding on the Digibancplatform, creating a digital environment where businesses can raise capital and investors can discover and participate in opportunities. From ideation to deployment, the platform was delivered in just six months, establishing ma foundation for accessible, scalable digital investing.
Share this page
Client's Mission & Expectations
Hope Ventures wanted to take the Beban investment experience beyond television and make it accessible to businesses and investors across Bahrain and the GCC. The mission was to build a digital crowdfunding platform that connects businesses seeking capital with investors seeking new opportunities, while making fundraising and investing more accessible, transparent, and convenient. The platform needed to support the full crowdfunding journey, from business applications and investment opportunities to digital investor participation and portfolio management, while providing a scalable technology foundation for future propositions.
“The team at Codebase Technologies and their Digibanc platform provided invaluable support in bringing our crowdfunding proposition to life. As part of our organizational mandate to facilitate opportunities and ease access to funding, we were eager to introduce a crowdfunding platform that would offer investment opportunities for regional investors, while also empowering entrepreneurs to raise capital more efficiently… Through Beban Crowdfunding, we hope to be a breath of fresh air in the GCC crowdfunding market by addressing the crucial pain points faced by both investors and entrepreneurs.”
Fajer Saleh Al Pachachi,
General Manager, Hope Ventures.
How Codebase Technologies and Digibanc Made It Possible
Codebase Technologies combined its digital banking expertise with Hope Ventures’ understanding of the GCC crowdfunding market to deliver Beban Crowdfunding in six months. Built on Digibanc’s modular, feature-based architecture, the platform allowed the team to configure capabilities without building everything from scratch and accelerate delivery through agile development sprints. Beban supports both web and mobile access, giving investors and businesses dedicated dashboards to discover and manage crowdfunding opportunities, track investments, and communicate directly with project owners.
What Digibanc Delivered for Beban Crowdfunding
Digital Onboarding and eKYC
Beban’s onboarding journey is fully digital across web and mobile channels, enabling investors to register remotely without physical paperwork or branch visits. eKYC and digital ID verification, document uploads, progress updates, and guided workflows streamline identity verification and help investors across the GCC begin participating in opportunities efficiently.
Campaign Listing and Discovery
Entrepreneurs can create detailed crowdfunding campaigns with business information, target markets, financial projections, funding requirements, and supporting documents. Investors can browse and filter investment opportunities, review campaign details and documentation, and communicate directly with project owners before making informed investment decisions.
Flexible Investment Models
Digibanc’s configurable modules enabled Beban to support multiple investment models, including equity-based, debt-based, and reward-based crowdfunding. This flexibility allows the platform to accommodate different types of investment opportunities while giving investors access to propositions aligned with their investment preferences and objectives.
Secondary Market
Beban introduced a secondary market where existing investors can buy and sell shares acquired through the platform. Built using Digibanc’s flexible modules, the feature gives investors greater control over their portfolios while creating a more complete digital investment experience that extends beyond the initial crowdfunding transaction.
Private Deal Room
The private deal room gives selected investors access to investment opportunities before public listing. Investors can securely review confidential business plans, financial projections, legal documents, and other information needed for due diligence, with a personalized experience designed for premium customers and private investment opportunities.
Intuitive UI/UX and Customer Experience
Codebase designed Beban around a clean, intuitive user experience for both investors and entrepreneurs. Responsive web and mobile interfaces make campaign discovery, investment management, and platform navigation straightforward, while optimized performance and faster page loading help users access investment information and complete actions efficiently.
Outcomes
The impact of Beban Crowdfunding extends beyond the platform itself, bringing a new digital model for connecting capital and opportunity to Bahrain and the wider GCC. Entrepreneurs, investors, and Hope Ventures now participate in a shared crowdfunding ecosystem built around a more connected investment experience.
For Hope Ventures
Beban Crowdfunding has enabled Hope Ventures to take its investment proposition beyond television and establish a dedicated digital channel for crowdfunding. It gives the organization greater control over the investment journey, while providing the technology foundation to manage opportunities, support different investment models, and develop the proposition over time.
For Investors
Investors gain a centralized digital environment to discover crowdfunding opportunities, review business information, participate in investments, and manage their portfolios. With access to diverse investment models and a secondary market, Beban creates a more flexible and transparent way to participate in regional businesses.
For Entrepreneurs and Businesses
Beban provides businesses with an alternative route to raise capital beyond traditional financing channels. In a GCC market facing an estimated USD 250 billion credit gap, within a USD 5.2 trillion global annual SME financing gap, the platform expands access to capital and connects businesses with a wider pool of investors.
“The paradigm shift in the GCC’s crowdfunding industry is very evident, and we are delighted to be at the forefront of this change, supporting Beban Crowdfunding to provide entrepreneurs, philanthropists, and angel investors with a platform to invest in and support promising businesses and innovations. Leveraging our Digibanc platform, we’ve built a truly agile solution for maximum scalability and implemented intuitive experiences for delightful interactions across both mobile and web channels.”
Tamer Mauge,
Managing Director for MENA, Codebase Technologies.
Frequently Asked Questions
What is Beban Crowdfunding?
Beban Crowdfunding is a digital investment platform that connects businesses seeking capital with investors looking for new investment opportunities. Developed by Hope Ventures and Codebase Technologies, the platform extends the Beban investment experience beyond television into a digital crowdfunding environment. Beban Crowdfunding is a digital investment platform that connects businesses seeking capital with investors looking for new investment opportunities. Developed by Hope Ventures and Codebase Technologies, the platform extends the Beban investment experience beyond television into a digital crowdfunding environment.
What is Beban TV?
Beban TV is Hope Ventures’ entrepreneurial-themed interactive TV show, where entrepreneurs pitch their businesses to a panel of regional investors, integrated with the Beban Crowdfunding platform for immediate investment and business development support.
How does Beban Crowdfunding work?
Businesses, entrepreneurs, and startup founders can apply to raise capital by creating crowdfunding campaigns with company information, market details, financial projections, funding requirements, and supporting documents. Investors can then discover available opportunities, review campaign information, participate in investments, and manage their portfolios through the platform.
What technology powers Beban Crowdfunding?
Beban Crowdfunding is built on Codebase Technologies’ Digibanc platform. Its modular architecture enabled the team to configure and combine capabilities for the crowdfunding proposition, supporting faster development and providing flexibility to evolve the platform over time.
What types of crowdfunding does Beban Crowdfunding support?
Beban supports multiple crowdfunding models, including equity-based, debt-based, and reward-based crowdfunding. This allows the platform to accommodate different types of fundraising opportunities and investment propositions.
Can investors buy and sell investments on Beban Crowdfunding?
Yes. Beban includes a secondary market where existing investors can buy and sell shares acquired through the platform. This extends the investment experience beyond the initial crowdfunding transaction and gives investors greater flexibility in managing their portfolios.
What is the private deal room on Beban?
The private deal room gives selected investors access to investment opportunities before they are publicly listed. It allows them to securely review confidential business plans, financial projections, legal documents, and other information required for due diligence.
Is Beban Crowdfunding available on mobile or web?
Beban Crowdfunding supports both web and mobile access, giving investors and businesses dedicated digital dashboards to discover and manage opportunities, track investments, and communicate with project owners.
How long did it take to build Beban Crowdfunding?
Hope Ventures and Codebase Technologies took Beban Crowdfunding from ideation through development to deployment in six months.
