Eurivex - Risk and return review
Eurivex - Returns and loss rates
Eurivex – Pros & Cons
About Eurivex
What it is
CrowdX is a small crowdfunding platform in Nicosia, Cyprus, run by Eurivex Ltd, an investment firm licensed in Cyprus since 2010. It offers bonds and shares of Cypriot companies to investors in the European Economic Area. Five deals are listed: four bond issues that closed fully funded, for property developments and trade finance, and one share offer (1 November 2026).
How it works
You open an account, deposit money and choose a deal after reading its key investment information sheet. You have four working days to cancel an investment. When a deal closes, the money goes to the issuer. Bonds pay a fixed coupon, sometimes with a profit share; shares pay only if the company does well. The open share offer, Corsair Capital CY PLC, aims to raise €4,375,000 and had €10,500 on 1 November 2026, with about 180 days left.
Returns
The highest advertised return is up to 12.78% a year on the Avanti property bond (September 2024): a 5% fixed coupon plus a 10% share of the project's profit, so only the 5% is fixed. The other bonds pay 4.5% (ETFL Series 6), 6.5% (EasyStart) and 8.5% (Noel, 1 year). No realised or average return is published.
Losses and defaults
No default rate, late-payment figure or loss figure is published, and the legal documents page lists no default-rate disclosure. Some bonds have reached maturity (ETFL TF1 in August 2025 and Avanti on 31 August 2026), but the platform does not say whether they were repaid in full and on time.
What secures your money
The bonds on CrowdX are generally not secured by collateral. The Avanti property bond (September 2024) states 'clean property, no mortgage or borrowing', meaning the project itself has no mortgage, not that investors hold one. The ETFL trade-finance bonds are unsecured; the issuer says its trade debtors are credit-insured. The EasyStart property bond says capital and interest are guaranteed by G&P Lazarou, a related company: a guarantee is only as good as the company giving it and is not security. There is no buyback or reserve fund. The platform publishes no record of how matured bonds were repaid. Shares, such as the open Corsair Capital offer, are not secured at all: if the company fails, they are usually worth little or nothing. Investments are not covered by any deposit guarantee or investor compensation scheme.
Who runs it and its licence
Eurivex Ltd is authorised by the Cyprus Securities and Exchange Commission (CySEC) as an investment firm, licence 114/10, since 2010, and as a European crowdfunding service provider, licence CSP 2/24, authorised on 22 January 2024. Its headquarters are in Nicosia. It serves residents of the European Economic Area. The platform is small: four bond deals raised about €1.4 million according to the deal cards (calculated from the platform's own figures), while a news post from early 2026 put the value of completed deals at €2.8 million.
Fees
Investors pay no platform fees, no inactivity fees and no custody fees, according to the costs policy; only normal bank charges for transfers may apply. Companies raising money pay fees set in a separate agreement that is not published.
Getting your money out
The platform says investors can list and sell their bonds on a CrowdX secondary market, subject to demand from other investors. No trading figures are published, so how easy it is to sell is unknown. Otherwise you wait for the bond to mature; shares have no set exit date.
Our view
Return: Very High - the best offer advertised up to 12.78% a year, of which only 5% was fixed, and nothing realised is published. Risk: High (higher means more risk) - no default figure is published, the bonds are unsecured and the platform has only five deals so far, though it is licensed by CySEC. Risk-return: Low, held there because only an advertised rate is known, with no repayment record to show what investors actually received.
Regulation
License / Regulation: Eurivex Ltd (trading as CrowdX, Nicosia) holds a European crowdfunding service provider licence from the Cyprus Securities and Exchange Commission (CySEC), number CSP 2/24, authorised on 22 January 2024, and has been a CySEC-authorised investment firm since 2010, licence 114/10. It provides its services to residents of the European Economic Area. Investments are not covered by any deposit guarantee or investor compensation scheme.
Functionality
For Investors
Useful Information
Yes. Eurivex Ltd, which runs CrowdX, holds a European crowdfunding licence from the Cyprus Securities and Exchange Commission (CySEC), number CSP 2/24, authorised on 22 January 2024, and an investment-firm licence, 114/10, since 2010.
Eurivex Ltd keeps clients' financial instruments in omnibus accounts in its name with sub-custodians, according to its terms. The bank holding cash is not named on the public pages.
It is set per deal. The Avanti bond, for example, required at least €1,000.
Bonds paid fixed coupons of 4.5% to 8.5%, and Avanti advertised up to 12.78% a year including a profit share. No realised return, default rate or loss figure is published, and the repayment of matured bonds is not reported (1 November 2026).
Generally no collateral. The bonds are unsecured; one bond has a guarantee from a related company and the trade-finance issuer says its debtors are credit-insured. Shares are not secured at all.
The platform says you can list your bonds for sale on its secondary market, subject to demand. No trading figures are published, so a sale is not assured.
None to the platform: no account, custody or inactivity fees, according to its costs policy. Your bank may charge for transfers.
If an issuer cannot pay, you depend on recovery from that company or any guarantor, and you can lose part or all of your money. Your instruments are held for you in custody accounts. No deposit guarantee or compensation scheme covers the investments.
CrowdX is the trading name of the platform; Eurivex Ltd is the licensed company that runs it.
