Reinvest24

Reinvest24 is an Estonian crowdfunding platform that was founded in 2017. The platform does not have an Investment Brokerage/ Crowdfunding licence. There are three types of loan that investors can invest through Reinvest24: real estate, development loans and equity crowdfunding. There is a conflict of interest between the investment projects and platform’s owners as Reinvest24 only sells loans issued by subsidiaries. To date, more than EUR 7 million has been invested through the platform.

Reinvest24, an Estonian crowdfunding platform with promised return of 14.8%, allows the investors to diversify their investment by offering three loan types. The platform does not have an Investment Brokerage/ Crowdfunding licence and there is conflict of interest between the platform’s owners and investment projects. Reinvest24 does not publish its annual reports-even there is no annual report for 2020- and historical loan books. The information about the team is available on the platform’s web page as well. Talking about the financial health of Reinvest24, it can be said that the platform has liquidity problems and the financial figures worsened in 2019 compared to 2018.

The platform provides information about its team and also seasoned  professionals from Tina Kinnisvarabüroo which is a real estate agency. Seasoned professionals guide the Reinvest24 team in property projects and management. There is full information about the CEO Tanel Orro. Tanel Orro is an experienced professional who has finance academic background and also asset management professional experience.