As a regulated entity, Afranga now has more to offer in terms of keeping investors’ funds safe. We have taken several important measures to significantly improve the security of the funds invested on the platform. Key takeaways: Lemonway – our payment partner Afranga has been approved as a payment agent of Lemonway – a French […]
Afranga transitions away from loan claims to a more flexible and transparent product – Business loans. Business loans are direct loans provided by investors to borrowing companies. With this make a bold new step towards a regulated crowdfunding product. Key takeaways: Introducing Business loans Business loans are financial instruments that enable investors to invest in
We’re excited to announce that Afranga starts operations under a European crowdfunding service provider license this March! Investors who have accounts registered on stikcredit.eu will need to take certain actions in order to keep investing on the new platform. Investor benefits: Registering a new investor account Investors have to register a new investor account on
Cross-border taxation is a complex topic. Under the new regulatory setup tax will be withheld at the source for most loan investments. We’ve prepared this Q&A guide to help investors understand the tax implications under the new setup and answer frequently asked questions. Disclaimer: Afranga does not provide tax or legal advice. It is up
We’re excited to announce that Afranga starts operations under a European crowdfunding service provider license issued from the Bulgarian regulator Financial Supervision Commission! New growth path as a regulated institution Obtaining a European crowdfunding service provider license marks a significant milestone for us. It’s an important step for us towards bringing company loans as an
