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
- 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
What our clients say
LenderKit designed and developed a secure website for an investment management platform. Ensuring privacy and stability, they used PHP, and did everything from the wireframes and mockups from scratch.
We were thinking of developing a crowdfunding platform where people could invest in dry bulk shipping platforms without investing in physical assets. We saw an opportunity in the market that was opaque, largely unknown, and misunderstood, but heavy on the asset side. As a result, we’re now looking for a smaller number of investors with larger investments into our shipping projects.
They customized white-label crowdfunding solutions for us based on the regulations in Saudi Arabia and delivered the web platform according to the requirements that we had. We had several meetings for a discovery phase, where we provided some documentation and extensive research.
LenderKit managed full stack development of a web app to produce an MVP for an investment firm. Following specifications, they adapted a proprietary solution. They integrated onboarding features and two APIs.
They manage the project well and exhibit good communication skills. Additionally, the team’s willingness to understand and cater to the business’ mission sets them apart from other service providers.
Customer success stories
Genervest is an impact investment platform, supported by Greenpeace, that focuses on investors and startups to finance renewable energy projects and fight climate change around the world.
GoodHub is a donation crowdfunding platform in the UK that supports charities and community organisations.
Charm Impact combines donations with debt financing and help entrepreneurs raise capital to develop clean energy solutions and combat climate change in Sub-Saharan Africa and Southeast Asia.
Camly is a real estate crowdfunding platform that connects investors, real estate developers, and service agents.
DeltaStreet is an investment platform that allows investors exposure to Dry Shipping indexes without the need to invest in asset heavy shipping companies or having to invest in ships.
Forus is one of the first debt investment marketplaces registered and authorised by Saudi Arabian Monetary Authority (SAMA).
Matrix Capital is a KSA-based and sharia-compliant real estate investment management firm that connects qualified individuals and institutions to fully vetted real estate investment opportunities.
Private equity platform
A private equity firms provides focuses on real estate funds and provides investment opportunities for high-net-worth and retail investors.
Robinland is a crowdfunding platform focused on tokenizing commercial loans for real estate developers, providing fixed interest investment products for individual investors either using crypto or fiat payment.
SaveKharkiv is a LenderKit-powered donation crowdfunding platform which helps volunteers in Kharkiv deliver food, medications and protection gear to the people in need.
WeFundIt is a German property crowdfunding platform which provides accredited and non-accredited investors with high-yield, mortgage-secure investment opportunities.