Stock.estate, the first “crowdlending” platform in Romania, has received approval from the Romanian Financial Supervisory Authority (ASF) to operate as a securities crowdfunding provider. This approval allows Stock.estate to provide loans to real estate developers for up to five years.
The CEO and founder of Stock.estate, Vicentiu Vlad, stated that their mission is to make capital easily accessible for real estate developers and provide attractive investment opportunities for investors. By democratizing real estate investments and creating a safe and regulated digital environment, Stock.estate aims to connect both parties directly. Vlad believes that this platform is timely, as banks in Romania are becoming more reluctant to grant financing, while investors in the country have a high appetite for real estate investments.
Under the new European Crowdfunding Service Provider Regulation (ECSPR) regime, Stock.estate will be able to solicit investors from all EU member states. This regime permits platforms to raise up to €5 million from anyone.
Currently, Stock.estate has three live securities offerings on its platform, with loans ranging from 12 to 24 months and an expected rate of return between 10% to 14%.
Stock.estate emphasizes that the securities offered on their platform are backed by real estate. Developers seeking funding through the platform have the option to provide loan insurance or other guarantees to investors.
According to Stock.estate’s website, the platform specializes in real estate investing and aims to help developers raise capital ten times faster than traditional financial institutions with less bureaucracy. They offer low entry barriers, well-defined guarantees, attractive yields, portfolio diversification, and a fully digitalized investment process.
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