The investor's guide to our platform. Find all the resources and answers you need to start investing and managing your portfolio with Daskapital.
General
Check out the most frequently asked questions about Daskapital. Find everything you need to start investing or get funding for your business.
Investors
The investor's guide to our platform. Find all the resources and answers you need to start investing and managing your portfolio with Daskapital.
Promoters
Promoters: Get a complete guide for promoters. Find answers to your questions on how to raise capital, submit documents, and manage your project.
Auctions
Everything you need to know about auctions. Find answers to the most common questions about how our auctions work and how you can place your bids.
Investors
When you invest and enter the code INVEST20 at the time of bidding, the amount is automatically added. Example: – Investment: 200€ – Bonus: +20€ – Total invested: 220€
It is an incentive for new investors or users with a recent account. By using the code INVEST20, you can receive a 20€ bonus which will be applied to your first eligible investment, helping you take that first step with greater confidence.
Unfortunately, no. This specific campaign is aimed at new investors and recent sign-ups. However, you can invite friends through our Invite & Earn program and earn rewards for every new investor you bring to the community!
If the project doesn’t reach its funding target, the amount you invested (including the 20€ bonus) will be returned to your Daskapital account so that you can reinvest in another available opportunity.
No. The bonus cannot be withdrawn. It can only be used to invest in opportunities available on the platform. The aim is to help your capital grow through the interest generated by the real-world projects you invest in.
For the 20€ bonus to be applied, your first investment must be 200€ or more.
The campaign and the INVEST20 code end on May 2. However, if you already have an account, remember that you have only 30 days after creating your account to “claim” the bonus in your Reward Wallet.
If you do not claim it within that period, the code will no longer be available to you, even if May 2 has not yet arrived. If you do not use the bonus by May 2, it will automatically expire and will no longer be available.
There are two simple steps:
Activation: Go to the Reward Wallet menu in your account and enter the code INVEST20 in the “Redeem your code” field. This must be done within the first 30 days after your registration.
Usage: When making your first investment (minimum 200€), enter the code INVEST20 again in the voucher field during the bid.
The 20€ offer is exclusively for new investors who create an account by May 2 or for users who registered their account 30 days ago or less.
No. You can share your link as many times as you want and earn bonuses for each successful invitation, as long as the program conditions are met.
The invited investor receives the €10 bonus when the code is correctly entered in the bid.
The investor who made the invitation receives their bonus after the friend's first eligible investment is completed.
Both bonuses are available in the "Reward Wallet" and can be used for future investments by selecting the redeem option when submitting a bid.
The code must be entered in the “Insert voucher” field during the bid submission process.
The code can be found in the “Reward Wallet” area.
Vouchers are valid for 30 days from the date of issue. You will receive an email notification when the validity period is about to expire.
To track your invitations, go to the “Invite & Earn” area on Daskapital´s platform, where you can see the number of users who have used your link, the status of each invitation, the codes available, and the history of vouchers received and used.
The voucher is not activated until the first investment is made.
If the investment is not made within the specified period (30 days after registration), the voucher automatically expires.
It's simple:
The investor accesses the Invite & Earn section on the Daskapital platform and copies their personal link.
They share this link with friends.
The friend creates an account via the link and makes a minimum investment of €200.
The friend enters their code when making their first investment (available to redeem in their Reward Wallet).
The €10 bonus is automatically applied to that investment.
Once the investment is complete, the investor who made the invitation also receives €10 in their Reward Wallet.
Throughout the process, the investor will be able to access the status of all their shares and rewards in the Invite & Earn section of the platform.
Go to the main menu of theDaskapital platform and select “Invite & Earn” to find your personal invitation link. Whenever someone uses your link and makes their first eligible investment, you will receive an email notification.
The program is available exclusively to private investors with a registered account at Daskapital or new users.
It does not apply to companies, project promoters, or institutional partners.
Invite & Earn is a Daskapital rewards program for private investors, including existing users and new investors.
By sharing your personal link or code and inviting someone to create an account and invest on the platform, both of you will receive a €10 bonus after the first eligible investment is made.
Daskapital reserves the right to change, suspend, or terminate the Invite & Earn program, upon prior notice to users and always in accordance with applicable law.
The Daskapital platform is open to investments from adults and legal entities (companies or other organisations/institutions).
If you need further clarification, please get in touch with us at support@daskapital.eu.
To start investing, all you have to do is:
Register on the platform, completing identity verification (KYC - Know Your Customer) and a short 3-question investor qualification test;
Fund your Daskapital wallet with any amount starting from €10, via card payment or bank transfer using your unique Daskapital IBAN;
Select an open investment opportunity and start investing.
If you wish to know why we need an identity document, visit this page.
For further information, please contact support@daskapital.eu.
You can access the platform by creating a basic profile, providing your email and password. You will then receive a confirmation email with an activation link.
After activation, you can complete your registration at any time.
In order to invest, you must complete identity verification (KYC) by presenting your identification document (Citizen Card, Passport or Driving Licence) and answering a short 3-question investor qualification survey.
For organizations registration (legal entities), please see here.
If you need further clarification, please get in touch with us at support@daskapital.eu.
Identity verification requires uploading a valid and readable ID document to the platform.
Accepted documents:
Citizens of the European Union: National ID Card, Passport or Driver's Licence;
Citizens of the United Kingdom, United States and Canada: Passport or Driver's Licence.
Citizens of other countries: Passport
Rules for a correct submission of the identification document:
Show the entire document (all 4 corners visible);
First and last names must match those on the identification document;
Make sure the document is within the validity period.
Legible document (no smudges, flashes or fingers covering the information or MRZ band);
Send both sides, if applicable (even if it is a blank page in the passport);
Accepted formats: JPG, JPEG, PNG or PDF (between 32 KB and 7 MB).
Usually, in less than 24 hours you will receive an e-mail confirming that your identity has been successfully validated and you can start investing!
If you need further clarification, please get in touch with us at support@daskapital.eu.
Currently, you can only deposit funds in your wallet by making a bank transfer. Each investor has their own Daskapital IBAN, which corresponds to their e-wallet, to which they can transfer funds.
Soon you will also be able to use a credit/debit card (VISA, Mastercard, CB, Maestro).
To transfer funds by bank transfer, follow the steps below:
Log in to your account and in your dashboard, on the top right corner, click your available balance and select "Deposit".
Copy the details from your Daskapital wallet, namely the IBAN.
Using your online banking, make the transfer as you would for any other bank account.
You will receive a confirmation email as soon as the amount has been credited. If you do not receive this confirmation email, get in touch with our team at support@daskapital.eu.
Once you have received the confirmation, you are ready to start investing!
If you need further clarification, please get in touch with us at support@daskapital.eu.
On Daskapital, the investors decide the expected return for each investment, based on the information provided for each opportunity and their own investment criteria.
If you need further clarification, please get in touch with us at support@daskapital.eu.
Tax treatment depends on the type of investment:
For Dasfactoring (Crowdfactoring) investments, click here.
For Daslending (Crowdlending) investments, click here.
If you need further clarification, please get in touch with us at support@daskapital.eu.
Daskapital manages tax withholding and reporting according to the promoter's origin and the investor's tax residence.
Investors residing in Portugal investing in::
Companies headquartered in Portugal: Daskapital withholds and reports tax to the Tax Authority (Article 71 of the IRS Code).
Companies not headquartered in Portugal: Tax must be paid as capital income obtained in the promoter's country of tax residence. In this case, Daskapital does not withhold tax - investors will then have to include Annex J in their annual income tax return.
Investors residing outside of Portugal investing in:
Companies headquartered in Portugal: Daskapital withholds the applicable tax (Article 71 of the IRS Code). Investors should check for any double taxation agreements in their country.
Companies not headquartered in Portugal: Daskapital does not withhold tax on income earned from investments in transactions promoted by non-Portuguese entities. Investors must declare their income in accordance with the rules of their country.
Applicable tax retention rates:
Individual Investors: 28%
Institutional investors: 25%
At the beginning of each year, all investors receive a detailed annual statement of income and withholdings for tax purposes for the previous year.
You can obtain more information about the taxation that applies to your investments here.
If you need further clarification, please get in touch with us at support@daskapital.eu.
Income obtained through Dasfactoring (crowdfactoring or invoice trading) is considered, for tax purposes, as capital gains, resulting from the difference between the amount invested and the amount redeemed.
The capital refers to the initial amount invested. A capital gain is the profit realised when an investment is sold or redeemed for an amount greater than the initial value. The assignment of receivables in which the debtor is notified of their obligation to pay the assignee means that, at the time of payment, this is made by a third party (the debtor) and not by the assignor, which implies the existence, not of investment income such as interest, for example, but of a capital gain.
Daskapital does not withhold tax on these capital gains, and the investor is responsible for declaring them to the relevant tax authorities.
At the beginning of each year, the investor will receive a detailed statement of all their income and any tax withholdings from the previous year, containing all the information necessary for their income tax return.
If you need further clarification, please get in touch with us at support@daskapital.eu.
Investors in Daslending (Crowdlending) in projects with promoters based in Portugal are subject to the following rates:
Individual Investor:
Resident in the continental Portugal: 28%
Resident in Madeira: 19.6%
Organizational Investor:
Resident in the continental Portugal: 25%
Resident in Azores: 17.5%
Daskapital automatically withholds tax at source and declares it to the Portuguese Tax Authority.
Please note that only projects whose promoters are Portuguese are subject to withholding tax. For projects with foreign promoters, there is no withholding tax — investors must declare their income in their country of residence.
If you need further clarification, please get in touch with us at support@daskapital.eu.
If you are a resident of Spain:
For income (interest) through Daslending (Crowdlending)
For projects with Portuguese promoters, Daskapital withholds the tax due (Article 71 of the IRS Code).
In your annual income tax return (IRPF), indicate box 588 (‘Deductions for international double taxation, due to income obtained and taxed abroad’) and indicate the interest received and amounts withheld.
For income without withholding, declare the interest earned in box 027 (‘Income from deposits and financial assets in general’).
For income obtained through Dasfactoring (Crowdfactoring)
Profits are treated as capital gains in the IRPF (difference between the amount invested and the amount repaid).
There is no obligation to withhold tax on capital gains, so Daskapital does not withhold tax on income obtained through Dasfactoring in any case.
To declare capital gains, you must enter in box 389 (‘Other capital gains to be included in the taxable savings base’) the income obtained from promissory note discounting, purchase and sale of invoices, secondary market transactions and bonuses received. Losses must be declared when a credit is legally declared in default.
If you need further clarification, please get in touch with us at support@daskapital.eu
Projects with Portuguese promoters (Daslending): Interest is already subject to withholding tax by Daskapital, which reports the tax to the Tax Authority (Article 71 of the IRS Code). The taxes withheld should automatically appear on your annual income tax return. If you choose to include your income from Daskapital with your overall income, you must declare it — in this case, use Annex E, Table 4B, code E20, on your annual income tax return.
Projects with promoters whose registered office is not in Portugal (Daslending): There is no withholding tax on your income. You must declare your income on your annual income tax return, including Annex J to declare income earned abroad.
If your tax residence is not in Portugal, you must declare your income from Daskapital in your country of residence. You can consult the tax guide for your country of residence, provided by the Portuguese Tax Authority.
You will receive an annual statement with all your income and withholdings.
If you need further clarification, please get in touch with us at support@daskapital.eu.
Investing in business financing involves credit risk — the probability that a debtor entity will not honour its commitments (e.g., pay an invoice on the due date or pay a loan instalment) or will not do so on time.
Daskapital always provides detailed risk information to support your decision and the return you require.
If you need further clarification, please get in touch with us at support@daskapital.eu.
Each financing request or investment opportunity is subject to a rigorous risk analysis by Daskapital before being made available on the platform, based on:
Accounting, financial and commercial data provided by the promoters of the companies;
Credit information from Iberinform (Atradius Credit and Surety), such as ratios, information on incidents, legal proceedings and other independent data;
Analytical and statistical models (credit score and limit);
Document verification and, in some cases, verification of the accuracy of the information provided, among other procedures.
Daskapital requires real and personal guarantees and only publishes projects that meet the minimum criteria for risk and fair profitability. All this information is disclosed and made available in each financing request or investment opportunity.
If you need further clarification, don't hesitate to get in touch with us at support@daskapital.eu.
Yes. You have a 4-day reflection period after placing a bid, during which you can freely modify or withdraw it.
After this period, bids can only be withdrawn if they are “outbid” (i.e., not currently allocated). You can, however, improve your offer at any time by increasing the amount or adjusting your minimum interest rate.
The exceptions to this rule are the accounts of Sophisticated Investors to whom, due to their characteristics, the reflection period does not apply.
If you need further clarification, please get in touch with us at support@daskapital.eu.
The distinction between sophisticated and non-sophisticated investors stems from European Regulation 2020/1503, which defines different rules for protection and freedom of investment, based on the classification of professional and non-professional clients in Directive 2014/65/EU (MiFID II).
With this distinction, the regulator aims to provide each of these investors with specific rules and protection. Sophisticated investors have greater autonomy and broader limits, while non-sophisticated investors benefit from greater protection, such as the right to a cooling-off period.
Classification is mandatory and is done through a short questionnaire at the end of the registration process. Without completing it, the investor cannot invest.
Find out more about the European regulation on crowdfunding providers here.
If you need further clarification, please get in touch with us at support@daskapital.eu.
If a borrower defaults on its payments, Daskapital will take action on behalf of the investor to recover payments.
External debt collection partners may be engaged if necessary. During the default period, late interest will accrue in favor of investors.
If you need further clarification, please get in touch with us at support@daskapital.eu.
To set a minimum interest rate correctly, you must take into account market conditions, the risks involved, the company's expected ability to meet its commitments, your expectations and, finally, demand for the opportunity, which may increase competition.
A lower minimum rate increases the chances of being selected without necessarily reducing the return, as the final rate is set by the last investor excluded (cut-off rate). The final interest rate will be higher than the highest minimum interest rate participating in the investment and will therefore almost always be higher than your defined minimum interest rate.
Daskapital advises investors to set their minimum interest rates based on the specific risk of the opportunity. To support investors in this exercise, Daskapital provides a Minimum Indicative Rate (Tmin) based on the Iberinform risk rating.
The Daskapital risk rating (Iberinform Score) uses mathematical models to predict the probability of a company defaulting within 12 months, assessing the risk on a scale of 10 risk levels, translated into letters for ease of reading. On this scale, credits marked with the letter ‘A’ represent very low-risk credits, credits marked with the letter “B” are low to moderate-risk credits, and credits marked with the letter ‘C’ are the riskiest and should require greater attention from investors.
The probability of default for each of the scoring notes is statistically estimated and demonstrated in the following table:
Iberinform's Risk Assessment Model identifies factors that predict a company's payment behaviour for the next 12 months. The definition of default used here includes not only insolvency actions but also payment incidents. Default is modelled as exceeding a critical point through a combination of a set of factors related to the company.
If we differentiate between a company that has suffered a risk of default by a customer and another company that has used the Score to segment and monitor customers, the success rate would be 85% of cases, which confirms the predictive capacity of the Model.
To limit the risk that investors incur, Daskapital, with certain exceptions, does not publish investment opportunities rated 3 (CCC) or lower.
If you need further clarification, please get in touch with us at support@daskapital.eu.
The higher the risk, the higher the required return should be.
Daskapital advises investors to set a minimum required return based on the risk rating, to which they should add a rate of return that they would benefit from if they decided to invest without risk.
To assist investors, Daskapital proposes a Minimum Indicative Rate (Tmin), calculated as:
The risk-free_rate represents the interest rate on a risk-free investment and for this purpose the yield on German treasury bonds due in 2 years recorded on the last business day of the previous quarter is used. To this end, the yields of these treasury notes are consulted on the Deutsche Bundesbank website.
The risk rate represents an estimate of losses on the crowdfunding project. For this calculation, the probability of default is assumed per score calculated by Iberinform and assuming losses of 100% in case of default. Current estimates of the probability of default by rating score are represented in the following table:
Example:
For a credit rating of 5 in January 2025 → risk-free rate = 2.09% + risk rate = 2.5% = Tmin = 4.59%
If you need further clarification, please get in touch with us at support@daskapital.eu.
