Crowdpear increased its share capital to EUR 130 000

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. All locally regulated crowdfunding platforms operating in the EU must be re-licensed under ECSPR regulation by November of this year. ECSPR license allows crowdfunding service providers to operate across all European Union (EU) member states under unified rules.

Crowdpear is included in the public list of crowdfunding platforms supervised by the Bank of Lithuania.

On the Crowdpear platform, investors can invest in property-backed real estate or business loans (primary mortgage) and earn up to 12% annual interest. Crowdpear offers a Secondary market.

Crowdpear currently has over 2 500 international investors. The platform manages a portfolio of almost EUR 1 million.