The Upcoming Changes to EU Crowdfunding Rules for Startups Subscribe Here Find all options to subscribe to our newsletter, podcast, YouTube channel or listen to our internet radio station here: Link https://linktr.ee/startupradio The Expert We talk to a former guest, Jamal El Mallouki (https://www.linkedin.com/in/jamalelmallouki/), Managing Director (MD) and Co-Founder of Crowdfunding SaaS tech company CrowdDesk. He is also chairman of the board of directors of Germany’s Crowdfunding Association (crowdfunding.de/about-the-german-crowdfunding-association-bundesverband-crowdfunding-ev/">https://www.bundesverband-crowdfunding.de/about-the-german-crowdfunding-association-bundesverband-crowdfunding-ev/). He talks with us about the upcoming rules, which will harmonize crowdfunding for startups across the European Union. Affiliate Links Learn how to grow your business using the numbers in your profit and loss and balance sheet: https://www.learndesk.us/class/5571076509663232/growth-by-the-numbers-real-small-business-finance-for-real-small-business-owners use our promo code: Access The new Rules / European Crowdfunding Service Provider (ECSP) Currently, Germany has national rules, getting retail investors without any prospectus to invest in startups. Each retail investor can invest up to 25.000 € in total. This limit does not exist for professional investors.  A startup can now raise up to 6 million Euros with crowdfunding. These rules are about to change with upcoming EU rules. You can dig deeper in the rules with the links below. The main points are: Crowdfunding campaigns can now target retail investors across the EU. They can now scale up to the whole EU market. (Crowd)Fundraising startups can now target directly online retail investors across the EU Crowdlending in Germany is now possible, directly via the crowdfunding platform, the need for an intermediate bank is gone. This also means that crowdfunding is competing with classical bank credit here. EU Startups, running a crowdfunding campaign can now raise funds in the German market, the largest in the EU with 6.7 trn € (8.14 trn US$) in private household wealth (according to Bundesbank, as end of 2020). Fundraising without prospectus is possible, up to 5 mn Euros Affiliate Links Is your startup in need of a bank account in Germany? Try our partner affiliate Penta http://bit.ly/3bdHX3d Looking to open a bank account to shift between crypto and fiat? Try our partner Bitwala with this affiliate link here http://bit.ly/2w01Zye Find all links and further show notes here: https://www.startuprad.io/blog/how-crowdfunding-for-eu-startups-will-change-this-fall/ --- Send in a voice message: https://anchor.fm/startupradio/message Support this podcast: https://anchor.fm/startupradio/support