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How and when does an exit take place?
How and when does an exit take place?

The conclusion of a project: return of capital and disbursement of the generated return

Luce Landolfi avatar
Written by Luce Landolfi
Updated over 3 months ago

Once the operation is finished (depending on the conditions contained in the KIIS and Investment Memorandum), the exit for investors will take place: it’s the repayment of the invested capital along with the liquidation of the generated return (ROI) or annual interest rate (APR).

  • In the case of an Equity crowdfunding investment, upon the successful conclusion of the operation, the Issuer Company that developed the project will be put into liquidation and the final assets will be distributed among all shareholders in accordance with the provisions of the Articles of Association.

  • In the case of Debt crowdfunding, once the operation is completed there will be a return to investors of the face value of the loan granted, plus interest, if this has not already been paid off during the operation, depending on the investment conditions of each individual offer.

  • In the case of Lending crowdfunding investment, the Issuer Company will repay the amount raised together with the accrued annual interest rate.

A tax will be levied on the disbursed return or the annual interest rate by way of substitute tax and withholding tax, respectively (here the different types of taxation applicable).

The amount will be refunded to the user's Mangopay Wallet.

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