Cringle 2 | Updates

By Malte Klussmann

Donate for a good cause via Cringle

Public
Public

Dear Companists,

We are always on the lookout for ways to use our technology on improving daily pain points. Our flagship technology already makes day-to-day transfers and expense sharing among friends easier. What’s next?

We heard it loud and clear after our “Plant for the Planet” campaign (a Cringle initiative during Spring 2016, enabling the planting of a new tree for every Euro donated by the users) – our users really liked contributing to a good cause via the Cringle app, in a convenient and fast way. If you are also among the ones that tend to donate every now and then, you can also relate to this agony - donations are still not made so easy.

 

Mobile Donations

Therefore, we are happy to announce our new initiative: mobile donations. As of next week, our users will be able contribute to their favorite cause via the Cringle app, on the go, within seconds. This will not only enable the users to be able to effortlessly donate in the metro, during lunch, in the gym or at work but also will enable our partner organizations to be heard and to have a bigger reach.

We will start our campaign with two charity partners and are happy to support their cause through this partnership:

Our first partner Bundesarbeitsgemeinschaft der Immigrantenverbände in Deutschland e.V. (BAGIV in short) is from Berlin. BAGIV is an umbrella organization for refugee integration. They aim to integrate the refugees into the German society, not only with the help of social workers, but also locals and expats. BAGIV organizes events introducing refugees to the German culture, arranges mentors for refugees in addition to language classes and regular integration steps.

 

Cringle - BAGIV

 

Our second partner DEIN MÜNCHEN e.V. is from Munich. They give children from different clusters of society free access to education, culture and sport - in a sustainable way. This strengthens their personality and improves their social status.

 

Cringle - Dein München e.V.

 

How does it work?

What to do next? In order to donate via Cringle, you must Download the Cringle app.  Once your registration is complete, click on the “News” section under the user “Profile”.

Select your favorite cause/partner organization -> select the amount -> hit “donate” -> done!

 

Cringle - Spenden

 

It takes only seconds and is completely for free. As easy as that. If you like this Cringle initiative, now it’s your turn to play a part in this – help us spread the word.

 

Thanks in advance and sincerely,

Your Cringle team



Comments

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.

€ 464,300

Invested

693

Investors

9.09 %

Share Offered

Please note
The acquisition of this asset involves considerable risks and can lead to the complete loss of the assets used. The expected yield is not guaranteed and may turn out to be lower.
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