Letsinvest involves funding for various projects, including those secured by collateral such as immovable property mortgages. The platform is operated by 8 stars, UAB, a legal entity registered in Vilnius, Lithuania (legal entity code 303336450). The platform operates under a license issued by the Bank of Lithuania and complies with EU Regulation 2020/1503 on European crowdfunding service providers for business, along with other applicable legal acts and internal procedures approved by the operator.
Key numbers
Who can invest?
How it works
Investeira about the project
For Individuals: You must be at least 18 years old and legally able to make transactions.
For Companies: Your representative must have the right authority and all the necessary approvals to make investment decisions.
Identity Confirmation: Both individuals and companies need to register on Letsinvest and verify their identity. This means providing all the required info and documents, like your identity, what you do, where your funds come from, and who controls your organization.
Assessment: Before you make your first investment, Letsinvest will check your investment knowledge and experience, as well as your financial situation, to ensure you can handle potential losses. You’ll need to provide some information and documents for this check.
For Individuals
1. Proof of Identity: A valid passport or national ID card.
2. Proof of Address: A recent utility bill, bank statement, or government-issued document showing your address.
3. Financial Information: Documents proving the source of your funds, such as bank statements, salary slips, or tax returns.
4. Investment Experience: Any documents that demonstrate your knowledge and experience in investments, if applicable.
For Companies:
Company Registration Documents: Certificate of incorporation, articles of association, or other documents proving the legal status of the company.
Proof of Representative’s Identity: A valid passport or national ID card of the person representing the company.
Proof of Representative’s Authority: Documents showing that the representative has the authority to make investment decisions on behalf of the company, such as a board resolution or power of attorney.
Financial Information: Documents proving the source of the company’s funds, such as recent financial statements, bank statements, or tax returns.
Ownership: Documents detailing the ownership and control structure of the company, like a shareholder registry or organizational chart.
- Specialisation: Crowdfunding intermediary for real estate project funding
- Maximal observed interest rate: 11%
- Average rate: 10.21%
- Minimum investment amount: €500
- Average terms: 12
- Currencies supported: €
- Foundation year: 2014
- Commission: 0%
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Instruction:
Registration Process
Provide Basic Information:
Fill out the registration form with your name, contact details, and other necessary information.Verify Your Identity:
Submit documents for identity verification.Create Your Profile:
Complete your profile by adding details relevant to your role as an investor or project owner.Becoming a Verified User
Once you have registered, you must verify your identity to unlock the full features of the platform. This includes uploading documents such as a passport or national ID and proof of address.
How it Works
1. Exploring Opportunities: You can browse through various crowdfunding offers listed on Letsinvest. Each offer includes detailed information about the project, funding targets, expected returns, and associated risks.
2. Making an Investment: Once you find a project that interests, you can choose to invest an amount that fits within financial plan. Letsinvest usually allows investors to get involved for €500, but certain projects may have their own minimum investment requirements.
3. Funding Transactions: Investments are made through a secure payment system integrated with licensed financial institutions. Once you commit funds, they are held in a dedicated account until the project meets its funding goal.
4. Monitoring and Returns: After the project is funded, you can monitor its progress through regular updates provided by the project owner. Returns on investment, whether through interest payments or profit-sharing, are credited to your account as per the agreed terms.
The platform administers the entire process, including representing you in signing funding transactions with project owners, administering collateral transactions, and ensuring funds transfer.
Contact
Contact form