Frequently asked questions.

General

  • What is Daskapital and how does it work?
    Daskapital is a crowdfunding platform, run by Das Kapital Lda., which facilitates access to credit for companies and investment opportunities for private or institutional investors by directly linking fund holders to companies in need of funding.

    Through Daskapital’s services, companies can access financing in a more agile and flexible way, at competitive costs, and investors can invest with an above-average financial return, in an attractive alternative, or an additional form of diversification, to investing in stocks, bonds, real estate, savings accounts or other forms of investment.

    Daskapital’s services also include the processes of formalization, contractualization, compliance with legal and tax obligations, portfolio management, management and execution of payments and transfers, and collections support. For its services, for the maintenance of the platform and support to users, Daskapital charges small fees.

    Daskapital does not take any position in the contracts that are established through its platform, nor in relation to them, so it does not assume any risk or offer any kind of guarantee on the investments made through its platform.
  • What products does Daskapital offer?
    Currently Daskapital offers 2 crowdfunding products/modalities:

    • Daskap: Crowdlending solution for medium-term financing of business projects for the acquisition of fixed assets

    • Daswork: Crowdfactoring solution for short-term financing through the advance of short-term credits that companies have on their customers, specifically, invoices receivable.


    Daskapital will soon offer other crowdfunding solutions
  • What is Daskap and how does it work?
    Daskap is a crowdlending solution for medium-term financing of business fixed asset acquisition projects offered by DK Equipments Lda., a subsidiary of Das Kapital Lda.

    In the Daskap crowdfunding modality, companies promote their asset acquisition projects on the Daskapital platform, seeking to obtain medium-term financing (usually between 12 and 48 months), and investors (private or institutional), in turn, compete with each other to finance them through an auction process in which they define the amount to invest and the minimum return they require. Through the auction process, companies will be financed by the group of investors who demand the lowest interest rate/return.
  • What is Crowdlending?
    Crowdlending is a form of crowdfunding in which multiple people or institutions invest money in business projects through online platforms such as Daskapital. These people or institutions, the investors, lend money directly to borrowers, usually without the intermediation of traditional financial institutions. Crowdlending allows borrowers to access capital in a more agile and flexible way, while investors have the opportunity to get financial returns on their investments.
  • What are the advantages and benefits of Daskap (Crowdlending)?
    There are many advantages and benefits to Daskap.
    Investors have the opportunity to diversify their investments and access above-average returns, with the flexibility to choose the projects in which to invest (and the consequent level of risk and maturity), the choice of the amounts to invest and the returns to demand, always with the guarantee offered by a platform like Daskapital, which analyses and verifies the solvency of the project promoters.
    For companies It offers a totally online, fast, flexible and transparent financing process, at market interest rates resulting from a competitive process, without the need to go to the bank or take on debt with excessive bank charges, with the guarantee of not incurring any costs if the project is not financed, namely initial fees for opening the process, evaluation and management. In addition, crowdlending helps companies to evaluate the viability of their projects by checking how much investor interest it generates.
  • What is Daswork and how does it work?
    Daswork is a crowdfactoring solution, for short-term financing, through the advance of short-term credits that companies have on their customers, specifically, invoices receivable. Daswork is offered by Das Kapital S.L., a subsidiary of Das Kapital Lda.

    With Daswork, companies present on Daskapital platform the credits they hold on their customers, for example in the form of invoices receivable (usually between 30 and 180 days), and investors (private or institutional), in turn, compete with each other to buy, at a discount, a part or the totality of the invoice, through an auction process in which they define the amount they wish to buy/invest (the total amount or part of the invoice) and the minimum return they require. On the date the invoice is due, the debtors (customers of the company that assigned the credit/invoice) make the payment of the credit/invoice returning the advanced/invested capital to the investors, resulting in a gain. Investors make money on the difference between the amount they invest/advance to the invoice seller and the amount they receive from the invoice payer, which corresponds to the discount. For example, if an investor buys 1000€ from an invoice at a discount of 3%, he will pay 970€ now for the right to receive 1000€ on the invoice due date, thus gaining 30€ (3%).
    Through the auction process, companies will be financed by the group of investors who demand the lowest interest rate/return.
  • What is Crowdfactoring?
    Crowdfactoring is a form of crowdfunding in which companies can anticipate the receipt of credits they hold on their customers, namely invoices or accounts receivable, through online platforms such as Daskapital. In this model, investors (individuals or institutions) buy invoices (partially or in full) at a discount (which translates into a return rate) anticipating their value to companies. Thus, companies receive the financing they need quickly, while investors get a financial return by acquiring the right to receive the payment of the invoice (partially or in full) on the invoice’s due date. Crowdfactoring offers an agile and flexible financing alternative for businesses and an investment opportunity for funders.
  • What are the advantages and benefits of Daswork (Crowdfactoring)?
    There are many advantages and benefits to Daswork.
    To investors, it gives access to above-average returns through short-term investments, with the flexibility to choose which invoices to invest in (and the consequent level of risk and maturity), to choose the amounts to invest and the returns to demand, always with the guarantee offered by a platform like Daskapital, which analyses and verifies the solvency of the payers of the invoices provided by the assignors.
    To companies, it provides immediate liquidity at market interest rates, resulting from a competitive process, without the need to go to the bank or take on debt and excessive bank charges, with the benefit of relieving companies of the collection process. Daswork also has the particularity of allowing companies to finance themselves at even lower interest rates if they are assigning credits over companies with less risk than themselves, since the associated risk, perceived by the investor, is that of the invoice debtor and not that of the assigning company. In addition, Daswork can be used by companies as a way of balancing the level of risk and maturity of their accounts receivable.
  • How does the auction process work?
    Through the auction process, companies will be financed by the group of investors who demand the lowest interest rate/return. Investors decide how much they want to invest and define their minimum return. At the end of the auction period, the amount to be financed will be completed starting with the bids of the investors who demand the lowest interest/return rates until the total amount is reached. The final interest/return rate, applied to all investors, is set by the interest/return rate associated with the last bid needed to complete the total amount to be financed.
  • What is alternative financing?
    Alternative financing refers to ways of obtaining capital or financing for projects, businesses, or ventures outside of traditional financial institutions, such as banks and venture capital firms.

    There are several forms of alternative financing currently available, including:

    • Crowdfunding: Involves raising funds from a large number of people, typically through online platforms. There are different types of crowdfunding such as crowdlending, crowdfactoring and crowdfunding.

    • Peer-to-peer lending: It is a model in which loans are granted directly from one person to another, without the intervention of a traditional financial intermediary such as a bank

    • Financing through business angels: Involves the investment of wealthy individuals (business angels) in emerging businesses or startups in exchange for shareholdings (quotas or shares) or other forms of financial return.

    • Venture capital funding: Venture capital firms invest in startups and early-stage companies with significant growth potential, usually in exchange for equity (quotas or shares).

    • Asset-based financing: Involves the use of physical assets, such as real estate or equipment, as collateral to obtain financing.


    These are just a few of the many forms of alternative financing available today. These options offer entrepreneurs and individuals more options for obtaining financial resources for their projects, often presenting a more flexible and affordable alternative compared to traditional methods of financing.
  • What is the difference between Crowdlending and Crowdfunding?
    Crowdlending and crowdfunding are two models of crowdfunding, which fall within the scope of crowdsourcing which, in turn, is the process of obtaining ideas, solutions or contributions from a large group of people, usually through online platforms, through a collective and collaborative participation of individuals, which can be applied in various contexts, including crowdfunding.

    Crowdlending: In crowdlending, several people or institutions invest money in business projects by granting loans. Investors lend money directly to borrowers, usually through online platforms. Borrowers must repay the money with interest over time. Crowdlending involves a creditor-debtor relationship between investors and borrowers.

    Crowdfunding: In crowdfunding, several people invest money in projects, ideas or causes, but without the direct expectation of financial repayment. Investors contribute resources (including money, but not only) to support a cause, a project, the development of a product, among others. In return, investors often receive equity or non-financial rewards, such as exclusive products or recognition.

    Therefore, the main difference between crowdlending and crowdfunding is in the nature of the investment: crowdlending involves loans with an expectation of financial return in the form of interest, while crowdfunding involves contributions to projects without a direct expectation of financial return.
  • What is Factoring?
    Factoring is a financial practice in which a company sells its accounts receivable (invoices or other receivables) to a bank or a financial institution specialising in factoring, known as a factor. The factor, in turn, buys the invoices at a discount to their nominal value, thus providing an advance of funds for the selling company, typically 70% to 90% of the value of the invoice. When the customer pays the invoice, the factor passes on the balance (30% to 10%) to the company that sold the invoice, less the agreed discount and any fees for the service provided. In other words, factoring allows companies to obtain immediate cash in exchange for their accounts receivable, without having to wait for the payment deadlines agreed with their customers. In this way, the selling company obtains capital to finance its operations, while the factor profits by receiving the full amount of the invoices from the debtors when they pay, which is a higher amount than they paid for the purchase of the invoice.

    By using factoring, the company transfers the right to receive payments on invoices to the factor (the entity that buys the invoice), which assumes, or not, the risk of non-payment by the debtors, depending on whether the factoring is done without recourse or with recourse.
    In the case of non-recourse factoring, the risk passes to the factor because, if the customer fails to pay the invoice, the company that issued and sold the invoice is not obliged to assume the debt and repurchase the invoice. In this case, the responsibility for collecting the invoice necessarily passes to the factor.
    Factoring with recourse implies that, despite the sale of the invoice, the risk of non-payment of the invoice remains with the company that issued and sold the invoice, since if the customer doesn’t pay the invoice the company has to assume the debt by repurchasing the invoice, so it remains ultimately responsible for collecting the invoice.

    Factoring is commonly used by companies facing cash flow difficulties due to late or extended payments from customers, or who have capital “tied up” in invoices due to long payment terms or customers who pay slowly.

    Traditional factoring involves the negotiation and conclusion of a contract between the transferor company and a bank or financial entity specialising in factoring. Banks and factoring organisations usually require a very high minimum volume of invoices to be included in the contract, usually in the region of several hundred thousand euros, which in many cases means including all of a company’s accounts receivable, or at least all of the accounts receivable from large clients. In addition, factoring can include additional services such as managing accounts receivable, collecting amounts owed and analysing debtors’ credit. However, it is important to emphasise that the characteristics and terms of factoring can vary according to the country and the negotiations between the parties involved.
  • How does Daskapital get its revenues?
    Through Daskapital’s services, companies can access finance in a more agile and flexible way and investors can invest and access a higher than average financial return, providing an attractive alternative (or an additional form of diversification) to investing in shares, bonds, property, savings accounts or other forms of securities and assets.

    Daskapital’s services also include formalisation processes, contractualisation, compliance with legal and tax obligations, portfolio management, management and execution of payments and transfers, and collection support.

    Daskapital assumes no position in or in relation to the contracts entered into through its platform, and therefore assumes no risk and offers no guarantees on investments made through its platform.

    Daskapital charges small commissions for its services, platform maintenance and user support.
  • How and where does Daskapital keep my money?
    See “How does Daskapital manage accounts, money, deposits, investments, payments, transfers and withdrawals?”
  • How does Daskapital manage accounts, money, deposits, investments, payments, transfers and withdrawals?
    Daskapital manages accounts, money, deposits, investments, payments, transfers and withdrawals through an independent Financial Institution for Payments and Electronic Money, licensed and regulated in the European Union, Mangopay S.A., which offers secure payment solutions for funding platforms and their customers.

    Deposits, investments, payments, transfers and withdrawals do not go through Daskapital accounts. In accordance with the European regulation PSD2 and Daskapital’s commitment to ensuring maximum security and transparency for all its users, funds are safeguarded by Mangopay, S.A. in segregated escrow accounts (virtual electronic wallets or e-wallets) in the name of each client. At no time does Daskapital have direct access to users’ money, so even in the hypothetical event of Daskapital’s activity being suspended, users could recover their funds directly from the Payment Institution.

    When funds are deposited or withdrawn, they move between the e-wallets and the users’ bank accounts. In all other transactions, for example when formalising an investment/financing, the funds are transferred between the e-wallets of the investors and the e-wallets of the financed companies.
  • What is a payment institution?
    A payment institution is a financial entity that offers payment services and facilitates the transfer of funds between different parties. These institutions play a key role in the financial infrastructure, enabling electronic financial transactions in a secure and efficient manner.

    Payment institutions can provide a variety of services, which include:

    • Payment processing: They allow users to make electronic payments, such as bank transfers, credit or debit card payments, mobile phone payments, among others.

    • Issuing payment instruments: They issue credit cards, pre-paid cards or other electronic means of payment that can be used to carry out transactions.

    • Money transfers: They facilitate the transfer of funds between bank accounts, both locally and internationally.

    • Currency exchange services: Offer currency conversion services to facilitate payments in different currencies.

    • E-wallet solutions: Provide virtual electronic wallets where users can store money and carry out transactions online.

    • Risk management and security: They implement security measures to protect transactions from fraud and guarantee the privacy of users’ financial information.


    Payment institutions are generally subject to government regulation and supervision, usually by central banks such as the Bank of Portugal or the Bank of Spain, to guarantee the security, integrity and stability of the financial system. In many countries, there are specific laws and regulations governing the operation and activities of payment institutions, aimed at protecting consumer interests and promoting transparency and compliance.

    Examples of payment institutions include banks, non-bank financial institutions, online payment processors and financial technology companies (fintechs) that offer payment solutions. These institutions play a key role in e-commerce, online financial transactions and the digital economy in general.
  • What is Mangopay?
    MANGOPAY S.A. (abbreviated “MANGOPAY”), is a public limited company incorporated in Luxembourg (B173459), which holds an Electronic Money Institution (EMI) licence granted by the Commission de Surveillance du Secteur Financier (CSSF) of Luxembourg (No.: W00000005) covering all 31 countries of the European Economic Area.

    Mangopay is a Payment Institution specialising in payment and money management solutions for online business platforms, providing a secure and flexible payment platform that allows companies and entrepreneurs to manage financial transactions within their own digital ecosystems.

    Mangopay’s platform offers a variety of features, including:

    Payment accounts: Allows companies to create payment accounts for their users, where they can receive funds, make payments and store money.

    Payments and transfers: Facilitates online payments, money transfers between accounts and international remittances.

    E-wallet services: Offers virtual e-wallets that allow users to store and manage their money digitally.

    Compliance features: Mangopay’s platform has built-in compliance features to ensure that transactions comply with financial regulations, such as user identity verification (KYC) and the prevention of money laundering.

    Escrow accounts: Allows the creation of escrow accounts, where money is held in custody until certain agreed conditions are met.

    Mangopay is often used by companies operating in sectors such as crowdfunding, marketplaces, among others.
  • What happens if Daskapital becomes insolvent?
    Daskapital subject to authorisation and supervision by the Portuguese Securities Market Commission (CMVM), as stated in the list published at https://web3.cmvm.pt/sdi/crowdfunding/pesquisa_gestora_cf.cfm. As such, it is obliged to meet financial, technical and human capacity requirements for carrying out its business and to provide for a Continuity Plan that ensures the continuity of business, contracts and financial flows in the event of insolvency.

    Daskapital acts as an intermediary between investors and financed entities and assumes no position in the contracts entered into through its platform, nor in relation to them, and therefore assumes no risk and offers no guarantees on the investments made through its platform. As such, the credit risk lies with the entities financed and only their default can jeopardise the full recovery of investors’ investments.

    The Continuity Plan ensures the fulfilment of the rights and duties assumed by the funded entities in their relationship with the investors, so the legal relationship between the investors and the funded entities, i.e. the lender-borrower relationship, will remain unchanged. The financed entities will continue to have a legal obligation to make the agreed repayments within the agreed timeframes.

    In the event of Daskapital’s insolvency, users’ funds will not be at risk, but will be safeguarded by Mangopay, S.A. in segregated escrow accounts (virtual electronic wallets or e-wallets) in the name of each client and recoverable at any time from the Payment Institution. In turn, the funds held at Mangopay are guaranteed and held at third party banks and segregated from Mangopay’s assets, so that in the event of the insolvency of the Payment Institution itself, users’ funds are safeguarded.
  • How can I contact Daskapital?
    You can contact Daskapital by email or phone.

    By email write to us to hello@daskapital.eu.
    By phone call +351 22 030 15 43.

    Our schedule:
    Monday: 9 a.m. to 12 p.m., 2 p.m. to 5:30 p.m.
    Tuesday: 9 a.m. to 12 p.m., 2 p.m. to 5:30 p.m.
    Wednesday: 9 a.m. to 12 p.m., 2 p.m. to 5:30 p.m.
    Thursday: 9 a.m. to 12 p.m., 2 p.m. to 5:30 p.m.
    Friday: 9 a.m. to 12 p.m., 2 p.m. to 5:30 p.m.
    Saturday, Sunday and holidays: closed

    Soon you can contact us via chat as well.

    Alternatively you can write to us or visit us at Rua Alfredo Allen 455/461 4200-135 Porto, Portugal
  • How can I file a complaint?
    In the event that you need to file a complaint or complaint, you can contact Daskapital through the channel specially created for this purpose in order to find a solution as soon as possible: complaints@daskapital.eu.
    Daskapital has a Complaint Handling Policy that you can learn about through this link.
  • How does Daskapital round values?
    All money transactions or movements and visible money values in the platform are rounded to 2 decimal places, but all calculations are done without rounding.
    Rounding differences, if they exist, are settled in the final payment of each deal.
    This procedure is based on best practices in the banking sector and is in accordance with the Portuguese Decree-Law No 171/2007 of 8 May 2007.
  • Who regulates and supervises Daskapital’s activity?
    Providing crowdfunding services is a regulated activity and it’s subject to compliance with Portuguese legislation, namely Law no. 102/2015, of 24 August, and European legislation, namely Regulation (EU) 2020/1503 of the European Parliament and of the Council, of 7 October 2020.

    In compliance with the aforementioned legislation, DK Equipments Lda. is subject to authorisation and supervision by the CMVM (Portuguese Securities Market Commission) for its activity of providing crowdfunding services (funding fixed asset acquisition projects through loans).

    On the other hand, the activity of providing intermediation services in the purchase and sale of receivables (e.g. invoices), or so called crowdfactoring or Invoice Trading, carried out by Das Kapital S.L., does not fall within the definition of crowdfunding provided for in Regulation (EU) 2020/1503, and is therefore not subject to compliance with the laws on crowdfunding, namely those mentioned above, nor is it subject to authorisation and supervision. However, it is obviously obliged to comply with all other applicable legislation.