Launch an ECSPR Compliant Crowdfunding Platform
The European Crowdfunding Service Provider Regulation (ECSPR) was introduced on November 10, 2021. A year after, several platforms received the ECSPR license, but not all local authorities were ready to provide such licenses. So, the transition has been extended to November 10, 2023.
If you’re looking to launch a crowdinvesting platform that adheres to the ECSP requirements, so you can apply and get licensed, check out LenderKit crowdfunding software.
- Crowdfunding software
- ECSPR-friendly
- KIIS, Limits, Onboarding
- Online demo and consulting
Why ECSPs Choose LenderKit Crowdfunding Software
Ready-made ECSPR features
Before the ECSP regulations came into force, we have started to prepare technically for the new updates. Now, the requirements are more or less clear and we’ve got the features ready.
Proven track record of launched platforms in Europe
We have already launched multiple crowdfunding platforms in Europe and are seeing traction from companies that are looking to operate under the ECSP rules.
Fully customisable crowdfunding software
LenderKit investment software has all you need for full cycle campaign management and investor onboarding, but you also have our team for your unique customisations.
How to start a crowdfunding platform under the ECSPR
Test the waters, consult the regulator, pitch to the board, see how your business performs and whether it’s ready for the ECSPR with the LenderKit crowdfunding software Basic package.
Automating an existing business, scaling operations, managing funds, private capital raising or pure crowdfunding? LenderKit Enterprise offers exactly what you need.
Do you need an ECSPR license?
Crowdfunding platforms that want to offer their services across the EU need to get an approval from their local competent authority. The problem is that not all of the local regulators are ready for the ECSPR and that’s why the application period was extended to 2023.
So, you do have to gain the approval and comply with certain requirements, the technicalities of which have been already implemented by LenderKit in our crowdfunding software.
What ECSPR features does LenderKit offer?
Having studied the documents released by ESMA, we’ve identified certain changes that we needed to make to the software front-end and back-end as well as some UI elements to comply with the ECSPR.
The list may not be comprehensive and may change as new requirements are coming out.
- Key Investment Information Sheet
- EU investor categories
- Investor assessment and appropriateness tests
- Limits for capital raising companies
- GDPR compliance support