💰Investment Insights

What is KYC and its purpose?

KYC (Know Your Customer) is a verification form used by banks to ensure compliance with anti-corruption laws and to prevent financial crimes, required independently of Pyrpose to authorize investors before they transfer funds for transactions.

Does Pyrpose invest in the opportunities it lists?

Currently, Pyrpose does not invest in the opportunities listed on its platform.

What if the targeted investment amount is not met?

If the required funds are not raised, any money already deposited in the escrow account is returned to the investors.

Does the investment cover all expenses?

The investment amount includes all transactional fees, such as banking, auditing, valuation, and Pyrpose’s fees, excluding advisory and notary fees borne by the investor.

How are investment offers allocated?

Investment spots are assigned on a first-come, first-served basis, secured by completing all necessary documents, receiving bank approval, and transferring funds to the escrow account.

Are returns from Pyrpose guaranteed?

No, investments carry risks that can significantly affect returns. Pyrpose strongly recommends that each investor reads the Risk Factors document and consults financial and tax advisors.

What taxes apply to my earnings?

Tax obligations vary by investment type and individual circumstances. Investors should seek advice from their tax consultants.

How can I monitor my investment’s performance?

All relevant documents, reports, and updates regarding your investment are accessible anytime via your secure account on the platform.

What is the minimum investment amount?

The minimum investment generally starts at CHF 1,000, varying with the transaction size.

Can businesses invest through Pyrpose?

Yes, applications from companies are evaluated individually.

Who is eligible to invest through Pyrpose?

Citizens of any country are allowed to invest, except those from the following sanctioned countries: Afghanistan, Balkans, Belarus, Burma (Myanmar), Central African Republic, China, Cuba, Democratic Republic of the Congo, Ethiopia, Iran, Iraq, Lebanon, Libya, Mali, Nicaragua, North Korea, Russia, Somalia, South Sudan, Sudan and Darfur, Syria, Venezuela, Yemen, Zimbabwe.

What investment sizes is Pyrpose targeting?

Pyrpose seeks to fund crowdlending projects ranging from CHF 100,000 to CHF 10 million.

What are the investment risks with Pyrpose?

Investing through Pyrpose entails risks, including the potential total loss of capital. Diversification is advised to mitigate reliance on any single investment’s performance.

Why does Pyrpose charge fees for card transactions?

While many investors use free bank transfers, Pyrpose offers card payment options in response to user demand, passing the associated transaction costs directly to investors to maintain low fees and maximize the impact of investments.