Prepay’s Lending Crowdfunding Closed 11 Projects and Repaid Six

PrePay Investimenti, a lending crowdfunding platform dedicated to both real estate and businesses, launched in 2021, concluded its second year of activity with double-digit percentage growth in subscribers, investors, and collections.

The platform, created by Pierluigi Benemerito and Antonio Fasanella, two young entrepreneurs of Calabrian origin, which stands out for the ” PrePay formula ” which provides for the advance payment of interest on investments.

In the proposal phase, the company that chooses the ” PrePay formula ” undertakes to pay the interest due to the investors in advance, immediately after the disbursement of the collected sum. In exchange, he gets a series of subsequent benefits (faster collections, lower installments, longer capital repayment times, etc.).

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The performances of 2022

Last year, 204 new users registered on the platform, bringing the total to over 500 confirmed subscribers, for a 72% increase compared to 2021.

Again in 2022, participation in investments also increased. Among registered users, in fact, 90 people have invested for the first time in one or more projects, increasing the number of active investors (users who have participated in at least one of the platform’s collections) by 65% ​​compared to the year of debut.

Furthermore, one person in 4, active investors, participated in 50% of the collections launched last year on the platform. A fact that certainly demonstrates users’ trust in the method with which PrePay selects investment opportunities.

Collection

During 2022, the platform launched 11 new crowdfunding campaigns, eight of which related to real estate projects and three to finance startups in the e-commerce and healthcare sectors.

All eleven campaigns achieved the minimum fundraising goals within the pre-established time limit and eight of them exceeded it with an overfunding of more than 30%.

In total, in 2022 PrePay campaigns generated 970,000 euros of new investments, an increase of 170% again compared to 2021.

Refunds

Last year, six projects for which PrePay had launched and managed crowdfunding campaigns in 2021 and in the first months of 2022, reached their deadline and were successfully completed.

The entire capital of all six projects was repaid by the proposers to the investors within the foreseen deadlines. The interest, on the other hand, had already been paid in advance, immediately after the end of collections, thanks to the exclusive “PrePay Formula”, an exclusive advantage of the platform which guarantees the advance payment of profits to those who invest.

A total of 420,000 euros were returned to investors in 2022, while the completion date of a seventh project was extended by six months, an option provided for by the terms of the proposal, against an additional profit for investors that has already been paid.

The next steps

“We are very proud of the results achieved so far,” said Pierluigi Benemerito, CEO and co-founder of PrePay Investimenti. “The increase in subscribers and investors demonstrates that our crowdfunding formula is earning people’s trust and that PrePay has managed to demonstrate its reliability and concreteness with facts, even if in 2021 it arrived as a rookie in an already full of proposals and characterized by strong and fierce competition. Naturally, we will not rest on our laurels due to the excellent results of 2022 and indeed, on the contrary, we will continue to work to grow and improve and above all to offer more and more interesting investment opportunities to our users.”

Finally, in 2022, the ” PrePay Clubs ” were launched, real physical clubs on a territorial basis, destined to become a point of reference and information for the community of investors on the platform, but also a local PrePay office for research and the selection of new investment projects. In addition to the first club already open and active in the Triveneto, openings are planned for 2023 in other Italian regions, including Lazio and Puglia which should start by spring.

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(Featured image by geralt via Pixabay)

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First published in Crowdfunding buzz, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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