What implications does the Wallet have?
This account implies for the investor, that their funds are deposited securely, in a segregated account in our independent payment entity registered and authorized by the Bank of Spain.
Investor money never goes through the balance of icrowdhouse. That is, we never receive, manage or accumulate the funds of the Investors, thus guaranteeing maximum transparency and security in all operations carried out through the platform. icrowdhouse, complying with the requirements of Law 5 / 2015, of 27 of April, for the promotion of business financing, uses an independent payment entity, to consolidate the investments made until the financing process reaches at least 90% of the objective financing. If this objective is not achieved, the investments made will be returned to the Investors. If the campaign ends successfully, and after signing the legal documentation, icrowdhouse.com will transfer the total investment to the Promoter's account, to formalize the capital increase later.