Kolibri Crowdfunding - Risk and return review
Kolibri Crowdfunding - Returns and loss rates
Kolibri Crowdfunding – Platform statistics 2026
Kolibri Crowdfunding – Pros & Cons
About Kolibri Crowdfunding
What it is
Kolibri Crowdfunding is a small French platform that sells shares and bonds of regional French businesses and public-interest projects to private investors. It is run by KOLIBRI SAS, a company founded in 2023 in Pujols, south-west France, and licensed by the French market regulator since March 2025. So far four campaigns have been funded, raising about €1.07 million in total (October 2026): three in company shares and one bond for a solar project of a public waste authority. The website is in French.
How it works
You register on the investment portal, read each offer's key information sheet and invest from €1,000 per project. For share offers, you usually invest in a dedicated holding company set up by Kolibri, which then invests in the business, so you own a share of that holding company rather than of the business directly. Bonds pay a fixed interest rate set in each offer. In October 2026 one new campaign was open, a data centre seeking €900,000, with nothing collected a week before its deadline. There is no automatic investing and no rating of projects. Interest rates and terms are visible only after signing up.
Returns
The only return figure on the platform is a marketing article of 13 April 2026 promising a minimum internal rate of return of 7% for property crowdfunding, a type of project Kolibri has never funded. No rate is shown publicly for the projects it has actually funded, and no realised return exists yet: the oldest campaign closed in early 2026 and no company has been sold or listed.
Losses and defaults
No figures for defaults, late payments or losses are published, and there is no statistics page; the key-figure counters on the home page show empty placeholders (October 2026). With only one bond and three young share investments, there is no track record from which to judge how often money is lost.
What secures your money
Shares are not secured. If a business fails, investors in its shares usually lose all of their money, and the holding-company structure does not change that. The solar bond's security, if any, is not described publicly. There is no guarantee, buyback, reserve fund or insurance. The protections that exist come from the licence: offers must carry a key information sheet, inexperienced investors get warnings and a reflection period, and investors' money is held by a payment institution rather than by Kolibri. For you this means each investment can be lost in full.
Who runs it and its licence
KOLIBRI SAS (Agen register 981 435 266, share capital €100,000) holds a European crowdfunding licence from the French market regulator, the AMF, number FP-2025-01, granted on 13 March 2025, for placing shares and bonds and passing on orders. It is not extended to other EU countries, so offers are marketed in France only. The operating company is very small: its filed accounts show revenue of €35,000 and a loss of €60,700 for 2025, no employees, and equity that fell below half of its share capital in 2024.
Fees
The platform says investors pay no entry, management or exit fees. The businesses raising money pay Kolibri a commission whose size is not published.
Getting your money out
There is no secondary market. Shares have no end date and pay out only if the business is sold, listed or pays dividends. Bonds are repaid on the schedule in their offer documents.
Our view
Return: Low — the only figure is a 7% minimum target for a type of project the platform has never funded. Risk: High (higher means more risk) — no loss or default figures, a book of four campaigns made up mostly of unsecured shares, and a loss-making operator. Missing loss data counts against a platform. Risk-return: Very Low — a low, untested target return for a high level of risk.
Regulation
License / Regulation: AMF (Autorité des marchés financiers, France): European crowdfunding service provider licence FP-2025-01, granted 13 March 2025 to KOLIBRI SAS (brand Kolibri Crowdfunding) under Regulation (EU) 2020/1503. Covers placing of shares and bonds without a firm commitment and reception and transmission of orders; not passported to other EU countries.
Functionality
For Investors
Useful Information
Yes. KOLIBRI SAS holds a European crowdfunding licence from the French regulator AMF, number FP-2025-01, granted on 13 March 2025 for shares and bonds. It is not extended to other EU countries.
A payment institution, MIPISE Payment Services, approved by the French banking supervisor ACPR, handles investors' money; Kolibri does not hold it. The investment portal runs on MIPISE's system, which is why it has a different web address.
€1,000 per project.
No figures yet. The only return mentioned is a 7% minimum target for property projects, which Kolibri has not funded. Four campaigns have been funded since 2025 (about €1.07 million), none has paid out from a sale, and no default or loss figures are published.
Shares are not secured: if the business fails, the money is usually lost. The security of the one bond issued is not described publicly. There is no guarantee, buyback or reserve fund; the protections are the licence rules on offer documents and the separate holding of money by a payment institution.
No. There is no secondary market. Shares pay out only if the business is sold, listed or pays dividends; bonds are repaid on their own schedule.
The platform says there are no entry, management or exit fees for investors. Businesses raising money pay a commission that is not published.
Your shares or bonds are in the holding companies and businesses you invested in, not in Kolibri, so they should remain. But the operator is very small and loss-making (2025 loss €60,700), and if it stopped, investor reporting and any organised exit would depend on a replacement arrangement that is not described publicly.
For share offers Kolibri sets up a dedicated holding company that invests in the business on behalf of all investors. You own part of the holding company, not the business directly. The rights this gives you are set out only in each offer's documents.
