Body
FinTechs belonging to this category operate crowdfunding, crowdinvesting and crowdlending platforms on which money is raised to invest in various projects, mainly start-up companies and real estate projects.
Crowdfunding is not a defined financial service, but generally used to describe donation-based crowdfunding (the investor donates the money to the project), reward-based crowdfunding (the investor receives an often symbolic consideration for his investment), equity-based crowdfunding (crowdinvesting: the investor participates in the profits of the financed project or acquires shares or debt instruments) or lending-based crowdfunding (crowdlending: the investor is reimbursed at the end of the project with or without interest).
Introduction
Attitude of the country towards crowdfunding, crowdinvesting and crowdlending platforms
There are no reservations about crowdfunding in Slovenia. Many Slovenian companies and individuals have raised funds in this way. Crowdfunding is expected to grow in Slovenia.
Legal affairs
Obligations and requirements to provide crowdfunding, crowdinvesting and crowdlending platforms described above
Slovenia currently does not have any legislation regarding crowdfunding. The crowdfunding service providers must comply with the requirements and obligations imposed on them in the Regulation (EU) 2020/1503 on European Crowdfunding Service Providers for Business. An act on the implementation of the Regulation (EU) on European Crowdfunding Services Providers for Business is currently being adopted. In accordance with this act, crowdfunding service providers will have to acquire a license from the Slovenian Securities Market Agency.
Additional comments regarding the legal situation for crowdfunding, crowdinvesting and crowdlending platforms or what FinTech’s must be aware of in this business area
N/A.
Economic conditions
Market size for crowdfunding, crowdinvesting and crowdlending platforms and biggest companies in this business area
Adrifund is the only Slovenian crowdfunding platform, with 47 successfully funded projects since its launch in 2016, which were supported by around 8,000 users with EUR 288,000. Slovenian companies often raise funds for their projects through Kickstarter and other large crowdfunding platforms.
Additional comments regarding the economic situation for crowdfunding, crowdinvesting and crowdlending platforms or what FinTech’s must be aware of in this business area
N/A.