Zinsland is a

crowdfunding Crowdfunding is the practice of funding a project or venture by raising money from a large number of people, typically via the internet. Crowdfunding is a form of crowdsourcing and alternative finance. In 2015, over was raised worldwide by crow ...

platform for real estate investments. It was founded in 2014.

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. In 2018, Zinsland reached 50 million euros in funding volume. In 2019, with a portfolio consisting of three projects in the greater

Düsseldorf Düsseldorf ( , , ; often in English sources; Low Franconian and Ripuarian: ''Düsseldörp'' ; archaic nl, Dusseldorp ) is the capital city of North Rhine-Westphalia, the most populous state of Germany. It is the second-largest city in th ...

area, Zinsland launched the first public bond on its platform. Civum announced the development of Caladio in April 2019. David Werner became the new chief technology officer (CTO) to support Zinsland in building Caladio.

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 Siegburg (i.e. ''fort on the Sieg river''; Ripuarian: ''Sieburch'') is a city in the district of Rhein-Sieg-Kreis in North Rhine-Westphalia, Germany. It is located on the banks of the rivers Sieg and Agger, 10 kilometres from the former seat of ...

, Germany.

Caladio

Caladio allows the Zinsland platform to be the first ever provider of a completely digital service for real estate financing, 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.

References

External links

* Companies based in Hamburg German companies established in 2014 Real estate companies of Germany Crowdfunding platforms of Germany {{Germany-company-stub