💰Investment Insights

What is KYC and its purpose?

KYC (Know Your Customer) is a verification form used by financial instiitutions to ensure compliance with anti-corruption laws and to prevent financial crimes. This is a standard process for any investment and provides security to the financial institutions that the investor are using capital that is not been used in illegal forms. .

How does the project make returns?

Projects make returns by selling energy. Once the varying components of a building renovation are completed, such as Solar, EV Chargers, Heat Pumps, and batteries, they produce green energy. That green energy is first sold to the building the project is in. If over productions occurs (when there is more energy created than needed) this is then sold to the grid. As the money is made from these activities, the funds are allocated back to the investors who participated in the project.

Does Pyrpose invest in the projects?

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

How are projects selected on Pyrpose?

Projects go through a screening process via our project developers. Hunders of projects are reviews annually and 80% of which are turned down. After this phase the project goes through a through due diligence which involves a feasibility assessment, project financials, procurement and materials. The next step is to provide a complete dossier to the financial institution for approval from their investment committee. At this point, the project is presented to Pyrpose, which reviews all of the previous assessments and decides whether to offer to Pyrpose investors. Should Pyrpose accept the project the details are shared with investors to decide whether to invest.

What if the targeted investment amount is not met?

If the required funds are not raised, the developer has the discretion to decide to take what was raised or return all the funds that were raised below the target amount. Should this situation occur, you will be informed.

Does the investment cover all expenses?

The investment amount includes all transactional fees. Should the investor occur charges outside of the transaction fees, this will be 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 projects ranging from CHF 50,000 to CHF 10 million. Each project will have different capital requirements and thus the amount raised will vary.

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.