For bonds and loans, Invesdor describes a multi-stage review using external credit assessments from Creditreform Rating and KFM Deutsche Mittelstands, ending in an internal grade from AA to D with expected default estimates of 0.7 to 8 percent. Each deal carries the EU-required key information sheet, and any collateral - mortgages, machine pledges, guarantees - is described per deal, though Invesdor itself concedes it generally cannot verify what that collateral is worth. The record tests the process: independently tracked outcomes show 22.5 percent of German and Austrian borrowers in insolvency, and two Kapilendo-era companies failed within ten months of raising money. For equity deals, no selection process is disclosed at all.

Bonds and loans cost investors nothing - no account, deposit or investment fees; Invesdor is paid by the companies raising money, at undisclosed rates. Equity investments carry a 1.5 percent transaction fee, a charge the platform's own free-investing marketing does not mention. There is no secondary-market fee because there is no secondary market. For German investors, capital gains tax plus surcharges is withheld automatically at source by secupay; Dutch investors declare holdings under their wealth-tax rules; cross-border deals can trigger withholding in the issuer's country. The real cost is illiquidity: money is committed for the full term, typically two to ten years.

Group chief executive and co-founder Christopher Graetz sits across the whole structure - a director of the German, Dutch and Finnish companies alike. The management team spans four countries: Ellen Hensbergen runs Benelux and co-directs the licensed Dutch entity, Andreas Knopf is chief legal officer, Franziska Haessler chief operating officer, Sergej Loch technology chief and Nancy Heinrich client and marketing chief, with offices in Berlin, Amsterdam, Helsinki and Vienna. Shareholders include IBB, the Berlin state investment bank's holding company; the group raised 6.3 million euros around its 2024 acquisition of Oneplanetcrowd and secured European Investment Fund financing in 2025. Total headcount is not disclosed.

Yes, and the themes repeat across a decade. Trustpilot for invesdor.com stands at 3.6 out of 5 from 219 reviews with 15 percent one-star, and the legacy kapilendo.de profile at 2.1 from 10. Complaints centre on defaults - 'of my last 7 investments, 6 are in liquidation', a five-figure total loss, roughly 35 percent of projects with major problems - plus weak vetting, worthless collateral and slow, impersonal communication, with fresh examples from May and July 2026. The documented history supports the pattern: tectomove raised 1 million euros from about 1,000 investors in September 2018 and was insolvent nine months later; Fairbuy24 raised 500,000 euros and failed within about ten months; German investigative coverage in 2019 noted both were still displayed as successfully financed. The Austrian licence surrender in March 2024 was voluntary - the group held two licences and kept the Dutch one - but consumer sites covered it critically. No regulatory enforcement action against any group entity was found.

For debt deals there is a claims-management process: repayments run through the payment institution secupay, arrears are chased, collateral is enforced where it exists, and German investors receive an official loss certificate for tax purposes when a deal fails. What that process actually recovers is not published - no recovery rate, no loss figures - and investors describe years-long insolvencies returning nothing, particularly on older subordinated loans, which by design rank behind every other creditor. The platform's own risk article warns investors may receive nothing despite collateral. For equity holdings, no monitoring, reporting requirement or intervention mechanism is disclosed at all.

Know the ranking first: a bond sits alongside unsecured creditors, newer loans may carry collateral Invesdor concedes it cannot value, older subordinated loans rank behind everyone, and equity ranks last with no maturity at all. Pre-IPO is its own case. You are not buying shares in the company: you subscribe to a bond issued by an intermediary company, and what it pays depends on what the underlying holding is worth when it is finally sold. That means you are also exposed to that intermediary, not only to the company whose name is on the deal. Invesdor names Anthropic, funded by 1,167 investors with 2,306,500 euros at a valuation of about 1.24 trillion US dollars, and Oura, with 359 investors and 556,750 euros. Neither has listed. There is no timetable and Invesdor says a wait of five years or more is possible, that the position is generally illiquid with no secondary market, and that a lock-up can still apply after an exit. If no sale or listing ever happens, the money stays tied up and can be lost in full. Exits do happen on the equity side - Heeros listed within twelve months in 2015 and Friends&Brgrs was bought in 2020 - but those are two named cases across more than a thousand companies, and Invesdor publishes no overall figure for what its equity investors have earned.