A reassuring thought: PlusPlus uses the AFM license of Lendahand
Sounds scary, this banner? It isn't. In fact, it’s a good sign: PlusPlus is one of the few Dutch crowdfunding platforms with a license from the Dutch Authority for the Financial Markets (AFM).
So why this banner? Because the loans on our website are quite small (maximum about €50.000) the AFM has exempted us from the obligation to publish a prospectus (information document) for each project. So the investments themselves are not assessed by the AFM. This also saves us a lot of time and money, which we prefer to spend on making impact. However, we do produce such an information document for every entrepreneur on our platform. Feel free to read it before you start lending.