21 crowdfunding platforms now approved under new EU rules
21 platforms are now licensed to operate under the European Crowdfunding Service Providers Regulation (ECSPR), the new EU-wide rules set to harmonise the industry across the bloc.
The latest firms to gain permissions are Evenfi Fintech, based in Spain; Bolero Crowdfunding, Belgium; Sweden’s SaveLend; Soul Invest, France; and Urbanitae Real Estate Platform, also based in Spain.
The new regulation allows P2P and crowdfunding platforms to operate in all of the 27 European member states and to carry out cross-border transactions.
Read more: More crowdfunding firms approved under new EU rules
As of October 2022, just four platforms were authorised under ECSP regulations: Lendahand, Crowdcube, CrowdedHero and Villyz.
UK-based Crowdcube became the first EU licence holder via its Spanish subsidiary Crowdcube Europe. Since obtaining the licence, the company has already expanded into France, the Netherlands, Belgium and Scandinavia, and it has funded more than 20 deals.
Read more: Europe prepares for influx of newly licensed P2P and crowdfunding firms
Some platforms offer online lending, some other approved securities (like equity), and some offer both.
Geographically, the Netherlands has the most lenders, with seven platforms approved under ECSPR. Spain has five platforms, France has four.
The full list of approved platforms is here:
- Beefordeal – France
- Crowdcube – Spain
- CrowdedHero – Latvia
- Enerfip – France
- Evenfi Fintech – Spain
- Fellow Funders – Spain
- Fundeen Platform, Sociedad Limitada – Spain
- Horeca Crowdfunding Nederland – Netherlands
- Kapitaal Op Maat – Netherlands
- KBC Bank (Bolero Crowdfunding) – Belgium
- LendaHand – Netherlands
- NLInvesteert – Netherlands
- Oneplanetcrowd International – Netherlands
- SBL (SaveLend) – Sweden
- SeedBlink Crowd – Romania
- Soul Invest – France
- Spreds – Belgium
- Urbanitae Real Estate Platform – Spain
- Villyz – France
- Wefunder EU – Netherlands
- ZIB Investments – Netherlands
