- Funded Since May 2018
- €21.13m
- Minimum Investment
- €100
- Public Statistics Page
- No
- Regulated
- No
What is Reinvest24?
Reinvest24 operates a direct marketplace lending platform, which means it operates the "traditional" or "pure" P2P lending model and serves as an online space where borrowers can apply for loans and investors can fund projects. Reinvest24 is managed by ReInvest24 OÜ, headquatered in Estonia. It doesn't hold a crowdfunding or financial institution license.
Reinvest24 enables you to provide funding to real estate developers, and business owners by investing in real estate loans, real estate stocks, and business loans. You can also apply for funding if you are a real estate developer, or a business owner.
What does Reinvest24 offer?
At Reinvest24, you can make EUR-denominated investments starting from €100. You can also buy and sell loans on a secondary market.
Reinvest24 doesn’t separate investors’ funds from the platform company assets and doesn’t have a wind-down plan in place to ensure minimal damage in case the platform goes out of business. It doesn’t disclose statistics about its funded loans but shares its monthly funding volumes with P2PMarketData.
Who founded Reinvest24?
Reinvest24 was founded in 2017 by Tanel Orro. Tanel has over five years of experience. His professional background is mainly in banking. Tanel has been, for instance, a Sales Team Manager at LHV — a financial group based in estonia. He holds a Bachelor's degree from Estonian Business School in Business Administration and Management.
Reinvest24 Details
- Legal Company Name
- ReInvest24 OÜ
- Business ID
- 14383364
- Main Currency
- Euro (€)
- Headquarters Location
- Estonia
- Founded Date
- December 2017
- Launch Date
- May 2018