Dear Companists,
Today we have breaking news for you.
We have only just received the confirmation and therefore decided to delay our planned update for this week. This news has a strong effect on the further development of Cringle and on you – our Companists.
Cringle has secured further financing from the Investitionsbank Berlin (IBB). The investment comes out of the ProFIT fund from the IBB. With the additional capital Cringle will expand its Tech team and drive the technical development forward.
The Investitionsbank Berlin supports innovative projects.
Specifically companies that are present in promising markets are being funded by the IBB. These are companies that have the potential to shape the economy with a lasting impression and reach their innovative goals.
Let us continue to work together in driving Cringle forward.
Are all of your friends using Cringle yet? Are you paying back borrowed money with Cringle? Your involvement is a massive help to us in writing this common success story.
Best regards,
Malte Klussmann
Note
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.
