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 with a financial institution (a bank).
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. In addition, in the hypothetical event of Mangopay suspending its activity, users' funds remain protected in the financial institution's (bank's) escrow account.
When funds are deposited or withdrawn, they move between the users' e-wallets and the users' bank accounts.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.
If you need further clarification, please contact us via support@daskapital.eu.
