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Crowdpear increased its share capital from EUR 60 000 to EUR 130 000. The platform is in the final stage of receiving an ECSPR license, and the increase in capital share is a part of the EU-level licensing process. The Bank of Lithuania supervises Crowdpear's activities.

Today, Crowdpear launched a Secondary market allowing investors to sell their current investments and interested investors to buy them. The Secondary market is accessible in your Crowdpear account in the Invest section.

In Q1 2023, EUR 407 602 was invested in loans on the Crowdpear platform. There are currently 1 369 investors in the Crowdpear investor community, 30% of which actively invest on our platform. The average portfolio size of an actively investing Crowdpear investor is EUR 1162. Crowdpear has the most investors from Germany, France, Lithuania, Spain, Portugal, the Netherlands, Bulgaria, and Romania.

Crowdpear is a regulated crowdfunding platform to which certain regulatory requirements are applied, including a withholding tax (WHT) of up to 15% on the earned interest. Please note that you can easily reduce the WHT applied on our platform by providing us with a filled DAS-1 form, and we are here to assist you.