Zinsland

Zinsland is a crowdfunding platform for real estate investments. It was founded in 2014.

Zinsland c/o Civum GmbH
Equity based Crowdfunding
IndustryReal Estate
Founded2014 (2014) in Hamburg, Germany
FounderCarl-Friedrich von Stechow
Dr. Stefan Wiskemann
Moritz Eversmann
ServicesReal Estate Investments
Websitewww.zinsland.de

History

Civum GmbH is based in Hamburg and was founded by Carl Friedrich von Stechow, Moritz Eversmann and Dr. Stefan Wiskemann. Its first real estate financing platform Zinsland was launched in March 2015.[1]

In 2018, Zinsland reached 50 million euros in funding volume. In 2019, with a portfolio consisting of three projects in the greater Düsseldorf area, Zinsland launched the first public bond on its platform.[2]

Civum announced the development of Caladio in April 2019. David Werner became the new chief technology officer (CTO) to support Zinsland in building Caladio.[3]

Haus am Michaelsberg

With a total funding of 600,000 euros reached in only 12 minutes in January 2019, the real estate project "Haus am Michaelsberg" was the platform's fastest funding. Over 250 investors supported the building of 29 condominiums in Siegburg, Germany.

Caladio

Caladio allows the Zinsland platform to be the first ever provider of a completely digital service for real estate financing,[4] supporting every stakeholder in their process from credit application to credit reporting. At the same time, Zinsland is collaborating with the bank 'Taunus-Sparkasse' and real estate developers.

Risks

Crowd-investors warn of the high default risks of crowdfunded loans.[5][6]

gollark: Have you tried Hexicantilism? You can keep your existing religion!
gollark: https://radio-ic.osmarks.net/x.ogg has now been UTTERLY deployed.
gollark: Infinitely nested brain[APIOFORMS FILLED WITH BEES] with fractal universes and N-dimensional/traversable time for some large N.
gollark: <@738361430763372703>
gollark: Wow. Looks like apioforms need bewaring.

References

  1. Bellon, Tina (27 October 2016). "Crowd-funding finds fanbase in Germany property market". Reuters. Frankfurt. Retrieved 26 July 2019.
  2. "Zinsland bringt erste öffentliche Anleihe". Finanznachrichten auf Cash.Online (in German). 24 January 2019. Retrieved 25 July 2019.
  3. "David Werner wird neuer CTO bei Zinsland". www.immobilienmanager.de (in German). 21 May 2019. Retrieved 25 July 2019.
  4. Hock, Martin (14 April 2019). "Neue Plattform: Immobilienfinanzierung wird voll-digital". Frankfurter Allgemeine (in German). Retrieved 25 July 2019.
  5. Tobias Schlenk, Caspar (6 May 2019). "Zinsland-Anleger müssen um 1,9 Millionen Euro bangen". Gründerszene Magazin (in German). Retrieved 26 July 2019.
  6. Warentest, Stiftung (9 May 2019). "Crowdfunding - Entwickler von zwei Zinsland-Projekten insolvent - Stiftung Warentest". www.test.de (in German). Retrieved 26 July 2019.


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