According to Law 5/2015 there are two types of investors, which applies to individuals as well as companies: 

  • Non-accredited investors: are all investors of the platform by default. They have an investment limit of €3,000 per project and €10,000 per year, considering the investments they make in all Crowdfunding Platforms. 

  • Accredited investors: are those investors who, in addition to complying with the requirements established in the Law, specifically request to be so to be able to invest without any type of limit. This request can be made during the registry process or through the investor support telephone +34 911 23 82 77. 

Individuals wishing to be accredited investors must comply with at least one of the following requirements:

  • Have an annual income of at least €50,000.

  • Have a financial wealth of at least €100,000.

  • Receive financial advice on the platform's financing instruments from an investment services company authorised by the CNMV.

On the other hand, companies wishing to be accredited investors must comply with at least two of the following conditions:

  • The total of the items of the asset is equal to or greater than €1,000,000.

  • The amount of its annual turnover is equal to or greater than €2,000,000 €.

  • That their own resources are equal to or greater than €300,000.

  • Receive financial advice on the platform's financing instruments from an investment services company authorised by the CNMV.

To issue the statement regarding the request to be considered an accredited investor and the express waiver of its treatment as non-accredited investor, the User must submit the completed and signed application along with the requested documentation to the email address from which the documentation is requested within the non-extendable period of 60 days.

Once the documentation submitted by the User has been evaluated, Fundeen will send an email to the User requesting the consideration as an accredited investor, confirming or denying their request. If the evaluation is positive, and prior to enrolling the User as an accredited investor, Fundeen will warn the User that as an accredited investor, he or she is exposed to greater risks and has less protection regarding the investment in the Opportunities.

The Accredited investors will lose such consideration when they request it in writing. Also, those accredited investors who do not provide financing to a project of the crowdfunding platform within a period of 12 months will lose the status of accredited investors, although they will be able to recover it.

In addition, it should be noted that Fundeen generally limits the maximum investment to 10% of each project, whether the investor is accredited or not. The only objective of this limit is to avoid simple or qualified majorities among a group of investors, at which point they could take decisions that contravene the general interest of all investors. This limitation may not apply to specific projects.

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