PretUp is a French-based crowdfunding platform that specializes in financing VSE (Very Small Enterprises) and SMEs (Small and Medium-sized Enterprises) through crowdlending. Established in 2014, PretUp operates as a SAS company registered with ORIAS (Organisme pour le Registre des Intermédiaires en Assurance) under the number 15001415, authorized to act as an Intermediary in Crowdfunding (IFP).
PretUp facilitates the connection between companies in need of funding and individual investors looking to lend money in exchange for a return on their investment. The platform offers an alternative source of financing for businesses that may have difficulty accessing traditional bank loans.
One of the key features of PretUp is its focus on crowdlending, where funds are provided by a group of individual investors rather than a single financial institution. This method allows for greater flexibility and potentially lower interest rates for borrowers, while providing investors with the opportunity to diversify their investment portfolios.
Investors on PretUp can start lending with a minimum investment of 20 EUR and may see advertised returns ranging from 8% to 8.5%. While specific details on the total funding volume and number of investors are not publicly disclosed, PretUp's platform is designed to bring together a community of investors and borrowers to facilitate mutually beneficial financial transactions.
As an Equity investment platform, PretUp enables investors to support businesses in various sectors and industries by providing them with the necessary capital to grow and expand their operations. By connecting investors with businesses seeking funding, PretUp plays a vital role in fostering entrepreneurship and driving economic growth in France.
With its strong emphasis on transparency, security, and compliance, PretUp aims to create a trustworthy environment for both investors and borrowers. The platform operates exclusively in France and is regulated under the ECSP (Electronic Crowdfunding Service Provider) license number 15001415, ensuring that it adheres to the relevant financial regulations and standards.
In conclusion, PretUp serves as a valuable crowdfunding platform for individuals and businesses seeking alternative financing solutions. Through its crowdlending model, PretUp contributes to the diversification of investment opportunities, the support of small and medium-sized enterprises, and the promotion of economic development in France.