FENIX360the groundbreaking social media platform that empowers and fairly compensates independent artists and creators, is pleased to announce US Capital Global as its lead financial partner in raising $40 million. This funding will significantly advance FENIX360’s mission: to revolutionize the creator economy by providing artists with sustainable income opportunities through increased revenue shares, innovative tools, interactive fan engagement options and novel monetization approaches.
A new era for artists
FENIX360 solves one of the biggest problems facing the creative industry: the financial insecurity of most artists. The platform offers a range of cutting-edge features that allow creatives – from musicians to dancers, actors and painters to models – complete control over their content. You can interact directly with fans and access multiple revenue streams including advertising, live streaming, merchandise sales and ticketing.
Through a unique compensation model that guarantees artists at least 70% of advertising revenue and 95% of all other revenue, FENIX360 sets a new standard for fairness and transparency in social media.
“Our platform is more than just a technological tool. It’s about reimagining the relationship between artist and fan and giving creators the financial independence they deserve,” says Allan Klepfisz, Founder and Global CEO of FENIX360.
A vision supported by industry expertise
FENIX360’s leadership team brings decades of experience in music, technology and media. Prominent leaders include Sandy Monteiro, CEO Asia (former President of Universal Music Group Southeast Asia), John Velasco, CEO of FENIX360’s WOWtv division (represented icons such as Tina Turner and Black Sabbath), Lance Ford, President (founder of Maxim Magazine and advertising expert) as well as Tomas Varga, COO (blockchain pioneer).
US Capital Global, a leading global investment bank, is leading the offering of $40 million in convertible notes. This capital will be invested significantly in FENIX360’s marketing, artist acquisition and operational expansion. The strategic partnership will help realize the platform’s potential and take a leading role in the global creator economy.
Take advantage of market opportunities
The global social media market, estimated to be worth $179 billion by 2029, is growing rapidly, particularly in the Asia-Pacific region. FENIX360 has already gained a foothold in this dynamic market. Successful pilot projects in Indonesia, Malaysia and the Philippines attracted extensive media attention. The planned capital raise will enable the company to replicate this success worldwide – supported by over 7,000 global artist ambassadors and a state-of-the-art app.
About FENIX360
FENIX360 is the first artist-centric, cross-genre social media platform that focuses on the self-determination of creatives. Artists can centrally manage their fan interactions, monetize their work and share personalized apps with a global audience. With a future-proof design that is also aligned with Web3 and the Metaverse, FENIX360 offers sustainable and scalable solutions for artists and fans.
About US Capital Global
Headquartered in San Francisco, US Capital Global offers innovative debt and equity financial products for medium-sized companies and investors. With a strong track record of managing growth capital and executing complex financial strategies, the company is a trusted partner for transformative companies like FENIX360.
A look into the future
This collaboration marks a critical milestone in FENIX360’s journey to redefine social media and empower creators worldwide. The company invites potential investors and partners to become part of this groundbreaking movement and shape the future of the creator economy together.
Further information can be found at: www.fenix360.com