{"id":8318,"date":"2020-08-29T08:00:00","date_gmt":"2020-08-29T08:00:00","guid":{"rendered":"https:\/\/savingsforfreedom.com\/?p=8318"},"modified":"2020-10-10T15:09:53","modified_gmt":"2020-10-10T15:09:53","slug":"crowdestor-pay-new-crowdfunding-campaign","status":"publish","type":"post","link":"https:\/\/savingsforfreedom.com\/blog\/2020\/08\/29\/crowdestor-pay-new-crowdfunding-campaign\/","title":{"rendered":"Crowdestor Pay: New Crowdfunding Campaign"},"content":{"rendered":"\n

Yesterday Crowdestor launched a new crowdfunding campaign to finance the acquisition of a licensed payment service provider from the Czech Republic: MaxiPay<\/a><\/strong>. This is a bold move by Crowdestor to integrate its entire P2P transactions ecosystem within its operational scope. A successful process will facilitate compliance with some of the conditions presented in the EU Crowdfunding Regulation<\/a><\/strong> proposal as well as lower existing operational costs with financial transactions. An interesting development to follow.<\/em><\/p>\n\n\n\n<\/a>\n\n\n\n

Crowdestor: Crowdfunding Campaign<\/h2>\n\n\n\n

Crowdestor is inviting investors to finance acquisition of a licensed payment service provider from the Czech Republic. Later, they will have the option either to get their investment back plus interest or convert their loan and interest into equity of the new subsidiary company: Crowdestor Payments.<\/p>\n\n\n\n

Why this Acquisition?<\/h2>\n\n\n\n

With this move, Crowdestor is able to solve a number of different problems:<\/p>\n\n\n\n