On October 13, Particeep, the solution for creating crowdfunding platforms, in partnership with AXA Creditor,an AXA Partners entityspecialized in credit insurance and lifestyle protection, launched the first white label crowdfunding insurance service. It is offering protection for lenders and investors up to 100% of the invested amount.
In particular, the cover is triggered in case of revenue decline, death or total and irreversible loss of autonomy of the project owner. In case of accident, AXA Creditor will pay back the remaining capital to lenders without any additional charge, on the month following the claim.
This solution allows various types of platforms (personal loans, crowdlending, equity crowdfunding, etc.) to offer capital protection to their investors thanks to an embedded white label technical module (API) and a simple online registration form.