Wecity
Platform profile on P2PMarketData. Wecity is a regulated real estate crowdfunding platform based in Spain, founded in 2019. Profile with licences and FAQs.
Wecity is a real estate crowdfunding platform from Spain. Wecity serves as an online community for investing in real estate equity starting at €100, and enables real estate developers to receive funding directly from investors. The investments are denominated in EUR and are available for retail investors. The company behind the platform is Cityprive PFP, SL which was founded in 2019 with its headquarters in Madrid, Spain.
Frequently asked questions about Wecity
What is the minimum investment on Wecity?
The minimum investment on Wecity starts at €500, but can vary depending on the deal.
Is Wecity regulated?
Yes. Wecity is regulated by the National Securities Market Commission with Crowdfunding Provider (ECSPR) authorization in Spain.
Who can invest on Wecity?
Wecity is open to retail investors from Spain, subject to identity verification and eligibility.
Does Wecity have a secondary market?
No. Wecity does not have a secondary market, so investments made through the platform are generally illiquid.
Does Wecity offer automatic investing?
No. Wecity does not currently offer automatic investing.
Is Wecity a legitimate platform?
Yes. Wecity is a regulated platform, authorized by the CNMV, and its crowdfunding investments are high-risk and not covered by an investor compensation scheme.
When was Wecity founded?
Wecity was founded in May 2019.
Where is Wecity based?
Wecity's headquarters are in Madrid, Comunidad de Madrid, Spain.