Cringle | Updates

By Malte Klussmann

Cringle - Paving the Way for Austria


Dear Companists,

Once again, the last week was brimming with exciting developments for Cringle, your favorite P2P app.


Cringle paves the way for internationalization

Last week, from 13 July to 15 July the Tech Open Air (TOA) took place in Berlin. This start-up conference is characterized by the fact that start-ups can organize own events, so-called Satellite Events, in the context of the entire program.

This year, we decided to organize such an event with Cringle, in order to generate awareness for Cringle and acquire enthusiastic Cringle users. We used the Satellite Event to announce our outstanding innovation to a large audience, journalists and industry representatives.

We founded a partnership with Solarisbank, which is also the first major step toward our pending internationalization.


Cringle kooperiert mit Solarisbank


Cringle is therefore not only on schedule for expansion to the Austrian market, this partnership also constitutes Cringle's foundation for exploitation of additional markets in Europe.
According to IT-Finanzmagazin, this step will enable Cringle to introduce a cashless mobile payment solution for Europe that allows users to directly effect P2P payments between the respective bank accounts of their users.


Cringle organizes own Satellite Event

In order to present the foundation for internationalization in a fitting manner, our Satellite Event naturally needed to stand out from the crowd.

We achieved this with the help of AttachingIt, a start-up that we made friends with during our joint time at the Microsoft Accelerator Berlin. Using the slogan #B2BOrNot2B, Cringle and AttachingIt welcomed many enthusiastic visitors in the renowned atrium of the accelerator in which Steve Ballmer once shared a stage with Cringle. We had prepared an exciting event that was moderated by well-known start-up mentor and Business Angel Alexander Piutti.


from the left: Malte Klussmann, Alexander Piutti, Tim Velthuis


We provided four very young B2B start-ups with the opportunity to present their ideas to the invited representatives of the press and of numerous companies. We received many applications that Cringle and AttachingIt had to choose from. Together, we selected: International HuMan Power, Blendlee, Hudday and Esdenara Networks.


#B2BOrNot2B all startups on the stage


Kind regards,




Investments in startups and growth companies offer great opportunities, but they are risk investments. In the worst case, the entire investment amount may be lost. Consequently, investments in startups or growth companies are unsuitable for retirement plans. However, there is no obligation to make further contributions. Investors can minimize their risk by diversifying the amount they invest in startups and growth companies and not investing the entire amount in one startup or growth company. Professional investors often follow this strategy because it causes the risk to be distributed among several investments. In this way, successful investments can balance other less successful investments.

The shares of the investors on Companisto are subordinated profit-participating loans (partiarische Nachrangdarlehen). Such loans are shares in a business with similar characteristics as equity. If the company becomes insolvent or is liquidated, the claims of the investors (Companists) – just like those of all other shareholders of the company – will be satisfied from the assets in the insolvency or the assets in liquidation only after the claims of all other external creditors have been satisfied. Thus, Companists are treated like any other shareholder of the company during insolvency or liquidation proceedings.

The company information published on the Companisto website is provided solely by the companies. The projections made by the companies do not guarantee successful development of the company in the future. Consequently, investments in startups and growth companies are suitable only for those investors who can cope with the risk of a total loss of the capital invested. Investors make their own independent investment decisions and bear all risks themselves.

The investments are provided and issued by the individual companies. Companisto is neither the provider nor the issuer of the investments, but solely the internet service platform.

€ 800,000




8.89 %

Share Offered

Please note
The acquisition of the offered securities and investments is associated with considerable risks and can lead to the complete loss of the invested assets. The expected yield is not guaranteed and may be lower. Whether it is a security or an asset investment can be seen in the description of the investment opportunity.
Contact Us
If you have any questions about investing on Companisto, please contact our service team:

Toll-free phone number for investors calling from Germany:
0800 - 100 267 0

Companisto investors hotline:
+49(0)30 - 346 491 493

We are available Monday through Friday between 9 a.m. – 6 p.m.

For companies
Apply for financing Investment Model FAQ for Companies
Investor Support
Please register in order to see the complete profile of Cringle.
Already registered?    Log in