Cringle | Updates
This investment carries considerable risks and may lead to a complete loss of the capital invested. More
By Malte Klussmann

Cringle – Experts on Tour in Hamburg and Vienna

Public
Public

Dear Companists,

Last week, we traveled many kilometers because people had asked us for our opinion as experts on P2P, collaboration with banks, and digital payments. As we are a potential partner for banks, such expert presentations provide us with a great opportunity to be perceived as an established and competent partner and to get in touch with the people in charge at various banks.

First, we went to Hamburg, where we talked about the digitization of private payments in the context of Fintech Week at the Digitization of Processes 4.0 conference.
Afterward, we traveled to Vienna, where we had already been two weeks earlier. There, IIR GmbH organized the FinTechs expert conference, where we introduced Cringle and informed the audience about the potential synergies related to a partnership.

 

Cringle – First-Rate Speakers and Important Contacts

The conference on the digitization of processes had a first-rate line-up consisting of speakers from various industries and companies. Consequently, these speakers attracted important decision-makers at banks, who listened attentively to the presentations and with whom we had highly interesting talks during the breaks.

Cringle's presentation on the digitization of payments was the last contribution by an external company on that day.

In this presentation, Cringle co-founder Malte Klussmann pointed out six key challenges that banks are facing and offered appropriate ways in which banks can face these challenges together with Cringle.

 

Malte of Cringle

 

Cringle – Developing Partnerships in Austria

Right now, presentations in Vienna and other parts of Austria are particularly interesting to us. In fact, we are making quite some progress on our launch in Austria, and our participation in conferences as a speaker is a nice opportunity to prepare the market and to gain insights.

Indeed, many representatives of renowned banks attended our presentation and listened closely to the words of Cringle co-founder Malte Klussmann when he talked about Cringle's cooperative approach and the related advantages.

Some conference participants seemed to consider a cooperative model including FinTechs and banks a relatively new approach, for the Austrian FinTech sector is still young as well.

 

Cringle

 

The attention we attracted at the conferences and our talks with banks' decision-makers have once again shown us that Cringle is the right approach to shaping the future of P2P.

Nonetheless, we still need the support of our enthusiastic and loyal Companists as well.

As ambassadors for Cringle, you are essential to the active distribution of our app, and we are truly grateful for your support!

Best regards,

Malte



Comments

Only registered Companists can comment. Please log in to leave a comment.

NOTE:

Investments in crowdfunding projects offer great opportunities, but they are risk investments. In the worst case, the entire investment amount may be lost. Consequently, these investments are unsuitable for retirement plans. However, there is no obligation to make further contributions. Investors can minimize their risk by splitting their investment amount between crowdfunding campaigns rather than investing all of it in one crowdfunding campaign. 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 Companists 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 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, crowdfunding investments 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.

1482

Companists

800,000 €

Invested

8.89 %

Share offered

Contact Details
Cringle GmbH
Friedrichstr. 128
10117 Berlin
Germany

Email: investor-relations@cringle.net
Website: www.cringle.net
Please note
The acquisition of this asset involves considerable risks and can lead to the complete loss of the assets used.

Follow us

Contact Us
Your contact for all questions about investing on Companisto:
Andreas Riedel
Investor Relations

Toll-free phone number for investors

0800 - 100 26 70 (DE)
0800 - 10 02 67 (AT)
0800 - 10 02 67 (CH)

Service hours Mo-Fr 9 a.m.- 7 p.m.

Companisto GmbH
Köpenicker Str. 154
10997 Berlin
TÜV geprüftes Online-Portal | Companisto
Source: Own research. Based on data from the German Private Equity and Venture Capital Association - BVK, among others.
Investor Support