Max Crowdfund did not sit still in April. The application for the European Crowdfunding license has been submitted and interesting articles have been written. Curious? Read more about it in this April newsletter!
We started April with the publication of a large number of loans. Nine loans were published in one week (week 14). At the end of April, two large loans were fully subscribed: German loans Karben 1 and Karben 2. Both loans raised €409,500, with a total of €819,000 being raised for the Karben loans.
On April 28, 2022, we submitted the application for the EU crowdfunding license to the AFM (Financial Markets Authority). As of November 10, 2022*, crowdfunding service providers must have this license if they want to continue their services. In addition, the requirements arising from the new European Crowdfunding Regulation (EU) 2020/1503 must be met. This new regulation came into effect on November 10, 2021, and provides greater investor protection and transparency.
Completing the application is an important step for the international expansion of Max Crowdfund. With this license, it will be possible to offer investment opportunities in all countries of the Union.
*November 10, 2022 is the current deadline. However, this can be postponed by the European Commission for a maximum of one year.
Would you like to know what this regulation means for you as an investor? We wrote an article about this.
Many articles were written in April. In this newsletter we highlight a few:
At Max Crowdfund, we always strive for maximum transparency. That is why we wrote an article for you as an investor about the risks of investing.
New milestones are regularly achieved at Max Crowdfund and April was no exception. We wrote an article about Max Crowdfund's records.
We are currently supporting the ´Lilou Foundation´ in Poland. Due to the situation in Ukraine, there are many orphans and single mothers who need help. If you would like to read more about the ´Lilou Foundation´ and/or would like to make a donation, you can visit their webpage.
