Quanloop is growing exponentially, and we are getting ready for the next significant steps to accommodate our investors and partners better. Investment, in general, is a complex activity, and we want to simplify it for everyone. As a result, we are making some important upgrades to our platform by adding new features and updating our legal framework.
The current year of 2021 has been very exciting for Quanloop. The first half of the year has closed with figures double the total of 2020. Our investors base has tripled, exceeding 33 thousand investors from all over Europe by the mid of autumn, and it keeps growing. Quanloop has closed over 100% more debt projects during the first half of 2021 in comparison to the previous period, forecasting to be at least 4 times more effective than last year. The total capital we invested in the first half of 2021 exceeded 3.5M euros, forecasting to quadruple the total of 2020.
Since the beginning, we have pooled over 8M euros in capital and paid over 362K euros of interest revenue. We have funded over 567 credits for our partners, and over 8,6 million tiny one-euro loan agreements were entered and repaid to our investors. More and more investors prefer us because of our unique inflation recovery program, and we paid over 103K euros to adjust their inflation loss based on Eurostat official data.
Updated T&C, Loan agreement, Disclaimers and other documents
We are trying to support all our investors from different European regions; thus, many adjustments are needed. We have updated the Quanloop business structure, where we now split the marketplace (the platform) from the borrower (the fund). To ensure this change is as smooth as possible for investors, we have revised our General Terms & Conditions and Loan Agreement, added more specific disclaimers, detailed the pre-marketing and marketing information, and other associated policies, which you will find in the footer of our updated website.
The new General Terms & Conditions became valid for both you, the investor and us at Quanloop starting on the 11th of November 2021.
New Features and updates
Many of you have given us valuable ideas to improve our platform. We take investor feedback and requirements very seriously. Hence, we are focusing on the new updates and features. The most asked update by investors is the Android app. Today, we offer two options to access Quanloop on mobile: using our app for iOS and using the website via the mobile browser. The latter is not yet convenient enough, and we know it. We are working on the Android version of the portal and hope to make it available to our investors after the new features described below are published on the portal.
The second important topic is the payment system. Please notice that we continue developing our cooperation with more and more payment aggregators and may use various bank accounts for investors from different regions. If your top-up details have changed, you might receive new payment details with a separate e-mail from us. It is also highly recommended to check your top-up details before adding new capital on the platform or your mobile app. Another thing worth mentioning is that we also work with new fintech solutions to introduce accepting card payments.
Next is the family account. We have received many requests to start investing from youngsters. And we also received a lot of requests to open accounts from parents for their children. We are finally going to introduce a solution for you. Soon, anyone will be able to open an account for their family members and share accounts among them. We are going to add the Quanloop Family feature at the beginning of 2022.
We are working to bring these and a few more new great features to our platform and gradually introduce them.
There is no need for action on your part. The new General Terms & Conditions became valid for both you, the investor and us at Quanloop starting on the 11th of November 2021. We invite investors to get acquainted with the documents.
If you wish to discuss this update or get any other guidance, please send an inquiry to our support team at [email protected].
Suppose you do not send us any feedback. In that case, we will assume that you accept the new General Terms & Conditions and other important legal updates.
Last update: 10/11/2021
Disclaimer: Some text on this website is purely for marketing communication. Nothing published by Quanloop constitutes an investment recommendation, nor should any data or content published by Quanloop be relied upon for any investment activities. Quanloop strongly recommends that you perform your own independent research and/or speak with a qualified investment professional before making any financial decision.