Kazpar GmbH is registered in the BaFin register.

This must be the fastest regulatory register in the world. We only signed the cooperation agreement with Effecta this morning, and we’re already listed in the official BaFin register. Here’s a link to our details in the register.

Essentially, this means we can go live, though, of course, there are still many more steps we need to complete. Kazpar, as an alternative financing platform, requires many partners, integrations, and the like to be fully compliant with regulations. We expect to be fully live with our first project in September, but this heavily depends on third parties such as the payment service provider, the Fininly team, the token register, accountants, lawyers, and others. Setting up an alternative financing platform is definitely not for the faint-hearted.