Crowdpear holds a crowdfunding license to run a crowdfunding business. The license has been issued to Crowdpear by the Bank of Lithuania, one of the most progressive and reputable regulators internationally. The list of licensed crowdfunding platform operators who are under the supervision of the Bank of Lithuania may be found here.
The holder of the crowdfunding license is the Lithuanian legal entity Crowdpear LLC, which authorized capital currently is EUR 60 000 – higher than required by regulation. The crowdfunding platform will run its operations under the registered brand Crowdpear.
The regulated platform Crowdpear will offer investors investing in real estate, renewable energy, and other business projects. Crowdpear operations will be supervised by the Bank of Lithuania.
Crowdpear shareholders also own the platform PeerBerry which is one of the best-performing and the second-largest alternative investment marketplace in the EU.
Heading towards the long-term strategy to become one of the most successful crowdfunding platforms in Europe, Crowdpear management also closely works with the Lithuanian P2P Lending and Crowdfunding Association.
Lithuania is one of the largest fintech hubs in the world. In Lithuania, the number of FinTech companies is growing by 20-30% a year.