Reinvest24 Crowdfunding Platform For Online Fundraising in 2024

Reinvest24 is a real estate crowdfunding platform founded in 2017 in Estonia. The platform operates as a peer-to-peer lending investment type and offers investors the opportunity to invest in various real estate projects across five European countries: Estonia, Latvia, Moldova, Spain, and Germany.

With an average yield of 14% and boasting zero default projects, Reinvest24 provides a diverse range of real estate investment options, including rental properties, development projects, and real estate-backed loans. Investors can start with a minimum investment of just 1 EUR, making it accessible to a wide range of individuals and legal entities.

Reinvest24 is a member of the Association of Real Estate Investment Platforms (AREIP), which adds a layer of credibility to the platform. While the platform does not currently hold a specific license number, it offers multiple languages for accessibility, including English, Spanish, German, and Estonian.

One of the key features of Reinvest24 is its buyback guarantee, which helps protect investors' funds in case of default. The platform also provides public statistics, a secondary market for liquidity, and an auto-invest option for convenience.

Despite its promising returns and diverse investment opportunities, there are some potential concerns regarding Reinvest24. The platform lacks an Investment Brokerage/Crowdfunding license, and there is a noted conflict of interest between the platform's owners and the investment projects, as Reinvest24 only sells loans issued by subsidiaries.

Additionally, Reinvest24 has faced criticism for not publishing annual reports, including for the year 2020, and historical loan books. This lack of transparency may raise questions about the platform's financial health and performance. Some reports suggest that Reinvest24 has liquidity problems, with financial figures deteriorating in 2019 compared to 2018.

The platform's team includes seasoned professionals from Tina Kinnisvarabüroo, a real estate agency, who provide guidance on property projects and management. CEO Tanel Orro, with a finance academic background and asset management experience, leads the team.

In conclusion, Reinvest24 offers an opportunity for investors to diversify their portfolios with real estate investments across Europe. While the platform has attractive returns and a user-friendly interface, potential investors should carefully consider the platform's lack of licensing, transparency issues, and financial health before making investment decisions.