Who can invest?
Any company or any person over the age of 18 can invest in any of the active investment opportunities on the Platform. The Platform provides the opportunity to invest for both legal persons as well as for physical persons.
The Platform allows to invest when:
- A person is older than 18 years old;
- A person’s active legal capacity is not restricted;
- A person is able to make a deposit using a European bank and/or PSP (payment service provider) account;
- A person has passed the KYC/AML procedure of the Platform.
In order to proceed to the most of the Platform, an investor must undergo verification of identity and fill-in the KYC/AML questionnaire and pass the respective verification and compliance procedures. You are advised to complete the KYC/AML procedure as soon as you first register with the Platform, the procedure would typically require 2 minutes to undergo profile and identity verification and about 5-10 minutes to complete the user-friendly KYC/AML formulae.
Is it possible to invest as a company (a legal entity)?
Yes, indeed. Decamel has multiple user (investor) accounts for legal entities and we encourage legal entities to register as preferred users where possible. To sign-in as a legal entity, one is required to register as a legal entity, perform the authorization and provide evidence of the legal rights of the physical person to represent your company and make transactions and investments on behalf of the company.
What is the minimum investment amount?
The minimum deposit by an investor to the platform is EUR 100. The minimum investment in a separate deal depends on a transaction deal type, and it is:
- For asset-based business loans and invoice financing the minimum investment amount is not limited.
- For real estate deals it is EUR 10.
- For equity financing deals (for physical persons) it is EUR 500.
- As for the legal entities, the minimal and the maximum size of investment for such users (investors) (acting as legal persons or entities) is not limited.
The Platform allows to invest into projects of different types and sizes and to benefit from it. Investor have a better opportunity to diversify investments between different types of assets, projects and locations and thereby to better manage the investments to keep them safe.
What is the maximum investment amount?
There are no restrictions on the maximum investment amount by an investor. In a separate deal, the investment amount is logically limited by the loan amount itself. Whereas, for users (investors) as legal persons (entities), neither the maximal nor the minimal size of investment is limited. For investments exceeding EUR 99.999 (ninety nine thousand nine hundred and nine euro), additional KYC/AML check would be required by the Platform. This check is performed manually and is typically based on investor income report verification.
Is it possible to make multiple investments into a particular investment deal?
Investments may be made multiple times by an investor up until the funding required for a particular investment object is being collected on the Platform.
Are there any fees for investors?
At the moment, there are no investor fees for joining the Platform and accepting investment deals. Additional fees are not withheld for investment payments. However, please pay attention to your country of tax residency rules for incomes received, as well as operational fees of your bank. A fee for an inactive account (account with no investments) will be applied in the future. In certain projects whereby company equity is being crowdfunded, the Platform would take a success fee in a start-up project alongside investors.
Does the Platform allow to withdraw the investment during the life of the investment and before the end of the investment period?
At the moment, the possibility to withdraw invested funds prior to maturity is not provided. The Platform expects to provide an opportunity to do so for certain projects at a fee charged by the Platform in the future.
When are profits from existing investments credited to account of the investor?
You will receive the profit and the principal investment amount to your account with the Platform as soon as the project (loan) repayment date for a particular project (subject to conditions of the said transaction) has arrived. In specific cases, please allow up to 10 (ten) business days for your account with the Platform to be credited. Once the funds have been placed with your account with the Platform, you can withdraw the funds to your bank account or invest the funds into another investment deals offered by the Platform.
How do I verify my profile with the AML/KYC procedure?
Profile and identity verification is a required KYC (Know Your Customer)/AML (anti money-laundering) procedure and is required to make use of full functionality of the Platform. The accepted documents (for a physical person from an EU member state country) include Passport, European ID card (both sides) and/or residence permit. Investors from outside of the EU are required to present a passport for identification. Once a profile has been verified, an investor can make full use of the Platform offerings.