Slovaks can become ‘bankers’ as Crowdberry launches debt financing for Pohoda festival with an attractive interest rate
24/01/2024
After obtaining a European ECSP license, Crowdberry, which operates the eponymous investment platform, marks an important milestone for both investors and Slovak companies. Credit (debt) financing will now complement years of private growth capital (co-ownership) investing. Debt financing through an investor loan will be first used by Slovakia’s Pohoda music and arts festival, which is targeting €500,000 through crowdinvesting and offers investors an interesting interest yield.
Pohoda festival has agreed a partnership with Crowdberry, an investment platform that brings together thousands of investors who have been investing their funds in Slovak and Czech companies and real estate in the form of growth capital for more than seven years.
Crowdberry has created a domestic investment ecosystem that aims to present to Slovak and Czech investors the attractiveness of the local business environment. For seven years, it has been teaching people to invest locally, transparently and meaningfully. Crowdinvested companies funded by Crowdberry private investors include brands such as Refresher, Isadore, MultiplexDX, DNA ERA, Noili Beauty, GymBeam, Ecocapsule and many others, providing tens of millions of euros in growth capital. This has allowed investors to co-own these companies and participate in their growth and business. Recently, Slovaks and Czechs have also successfully financed the first private prevention and wellbeing clinic in Slovakia, Poliklinika Váš lekár, with €2.5 million in capital.