Close

Jump to:

  • Navigation
  • Content
  • Footer
Nordstreet hero image

Nordstreet

Follow

Democratizing the business loan financing one successful project at a time!

100%
 - 
Funded 23 Feb 2022
€300,001 target
€303,000 from 195 investors
More
Less

Business overview

Location Vilnius, Lithuania
Social media
Website nordstreet.com/
Sectors Finance & Payments Digital Mixed B2B/B2C
Company number 304565690
Incorporation date 5 Jul 2017
More
Less

Investment summary

Type Equity
Valuation (pre-money) €16M
Equity offered 1.85%
Share price €2.24
Tax relief N/A
More
Less

Business highlights

  • Funded more than €24.5M of business loans
  • Growing 2x YoY!
  • Lending activities in 8 markets, investors from 71 countries
  • Operating profitably!*
More
Less

Key features

  • Secondary Market
  • Seedrs nominee min. €11.20 +
  • Idea
  • Key Information
  • Team
  • Updates
  • Investors 195
  • Discussion
  • Documents

Idea

Introduction

With usual types of business financing becoming more and more restricted by the traditional funding organisations like banks or credit unions, the business loan sector is ripe for disruption.

Nordstreet aims to democratise business financing, allowing retail investors to invest in Real Estate (RE) backed business projects previously only available for investment funds or credit unions.

As the years progressed, they noticed that it was becoming an ever-growing hassle to get funding from traditional funding sources. All the while crowdfunding sector was projected to triple in size by 2025!

Seeing the immense opportunity ahead, the founders decided to tackle this issue themselves. 4 years later, the platform has funded €25M worth of business loans and is doubling each year!

Our current results at a glance:
13,300+ users
860k Annual Revenue in 2021(2.1xYoY increase)
More than 11,000 people registered on the platform

Substantial accomplishments to date

2017
The Co-Founders Tadas and Linas create Nordstreet! The team begins the arduous process of creating a platform that complies with all of the regulations imposed by the Bank of Lithuania. The same year Bank of Lithuania approves Nordstreet as a Financing platform.

2018
Nordstreet platform begins to list business loans with real estate collateral! The first project was to the tune of €61,600. Nordstreet ends this year with a bang - we finance a real estate investment project worth (at the time staggering) €150,000!

2019
Less than a year after listing the first project, Nordstreet has crowdfunded its' first million!

2020
You'd be hardpressed to find a February as exciting as it was here in Nordstreet, as the platform has funded €5,000,000 worth of business loans! We also introduced Secondary market and automatic investment functions.

Say hello to Crowdsofts! Crowdsofts provides a fully integrated back end solution that helps new crowdfunding platforms get up and running quicker!

2021
This year is packed full of achievements:
- Nordstreet is going global! We started financing projects in Spain and Norway.
- Investors have collected more than a Million Euros in interest!
- Our investors have invested more than €1.6M during August alone!
- We introduce first Buy-to-Let project to our platform.
- Nordstreet becomes a fully-fledged payment handling solution with NS PAY!

Monetisation strategy

The majority of the company’s revenue is generated from funding fees paid by the borrowers for successfully funded loan on the Nordstreet platform. The success fee typically ranges between 3-6% which is calculated depending on the project’s risk, term and funding amount.

Nordstreet has additional revenue streams:

If borrower is delaying to meet their obligations, Nordstreet charges arrears (late payment fees) that are equally split between investors and the platform.

Nordstreet investors pay a 2% fee when selling their investments in Nordstreet secondary market.

Crowdsofts provides a fully integrated back end solution that helps new crowdfunding platforms get up and running quicker. We generate revenue from the initial sales and also charge platforms success fee for the funded amount.

NS PAY is a fully-fledged payment handling solution, used for investing in Nordstreet. We take a small fee for withdrawing funds from the NS PAY account.

Use of proceeds

It's important to note that Nordstreet is operating profitably! The company is doubling in size each year. Throughout the past 4 years, Nordstreet has created a winning team and we believe that we're more than capable to grow faster! .

70% of the raised capital will be used to increase the rate of customer acquisition.

20% will be used for further development of our services. These will consist of app development and new feature implementation to the Nordstreet platform

8% should cover additional operational expenses

2% is the safety margin for unexpected costs

*Based on unaudited management accounts.

Key Information

The company has three outstanding loans raised via the Nordstreet platform:

1. €40,000 loan from at an interest rate of 10% per annum. The loan is to be repaid in full after 36 months, ending 04/08/2024.

2. €60,000 loan from at an interest rate of 9% per annum. The loan is to be repaid in full after 36 months, ending 02/04/2025.

3. €40,000 loan from at an interest rate of 7.5% per annum. The loan is to be repaid in full after 36 months, ending 04/08/2024

The funds raised from this investment round will not be used to repay these loans.

Open an account to get access to the team members of Nordstreet

Sign up

Already have an account? Log in

To comply with financial regulations, we can only show full campaign details to registered users.

Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Only shareholders can access this page

If you successfully purchase a share lot of this business, you will be granted access.

Buy shares

Share on:

Investing involves risks, including loss of capital, illiquidity, lack of dividends and dilution, and should be done only as part of a diversified portfolio. Please read the Risk Warnings before investing. Investments should only be made by investors who understand these risks. Tax treatment depends on individual circumstances and is subject to change in future.

This webpage has been approved as a financial promotion by Seedrs Limited ("Seedrs"), which is authorised and regulated by the Financial Conduct Authority. It is not intended to be a promotion of any individual investment opportunity and is not an offer to the public. The summary information provided about investment opportunities on this webpage is intended solely to demonstrate the types of investments available on the Seedrs platform, and any investment decision should be made on the basis of the full campaign. Full campaigns are available to investors who have become authorised to invest on the Seedrs platform. All investment activities take place within the United Kingdom, and any person resident outside the United Kingdom should ensure that they are not subject to any local regulations before investing.

Seedrs does not make investment recommendations to you. No communications from Seedrs, through this website or any other medium, should be construed as an investment recommendation. Further, nothing on this website shall be considered an offer to sell, or a solicitation of an offer to buy, any security to any person in any jurisdiction to whom or in which such offer, solicitation or sale is unlawful. Seedrs does not provide legal, financial or tax advice of any kind. If you have any questions with respect to legal, financial or tax matters relevant to your interactions with Seedrs, you should consult a professional adviser.

Tax Relief (SEIS)

This business is eligible for SEIS relief - providing qualifying investors with income tax relief of 50% of their investment and certain other tax reliefs. Tax treatment depends on individual circumstances and is subject to change in future. Click to learn more.

Tax Relief (EIS)

This business is eligible for EIS relief - providing qualifying investors with income tax relief of 30% of their investment and certain other tax reliefs. Tax treatment depends on individual circumstances and is subject to change in future. Click to learn more.

Valuation (pre-money)

Valuation rounded from €15,984,864

This is the fully-diluted pre-money valuation of the business (i.e. before the new investment comes in and including issued options and other equity interests). In contrast, the post-money valuation is based on inclusion of the new investment in the value.

It is calculated as the pre-money valuation plus the amount of new investment. e.g. If Company A is ascribed a pre-money valuation of £1,200,000 by prospective investors investing £300,000, its post-money valuation is £1,500,000.

Pitch type

There are 5 types of investment pitch available on Seedrs.

  • Equity
  • Convertible
  • Fund
  • Cohort
  • Secondary

Investing in a regular equity campaign is the simplest and most common way to invest in a startup. You decide which business you want to invest in, and if the campaign hits its funding target then you will become one of their shareholders. As the company becomes more valuable, so do your shares; allowing you the opportunity to share in the future success of the business.

Learn more about pitch type on Seedrs

Equity Offered

The equity offered is the percentage of the company’s shares being issued in return for the amount of investment raised.

When the amount raised is less than 100%, the equity offered is based on the target raise. Once the company has raised over 100% it is based on the total raised.

In some scenarios, entrepreneurs may accept additional direct investment after closing their Seedrs campaign. Provided this is within 6 months of the closing and on the same terms, we do not typically offer pre-emption rights on that extra investment (where you have the opportunity to invest again to maintain your percentage shareholding).

Learn more about investing and pre-emption rights.

Seedrs nominee

This shows if you are able to choose, when making an investment, that you be represented by, and your shareholding be managed by, the Seedrs nominee.

Find out more

Custodian

If you invest in this Campaign, Seedrs will act as Custodian rather than provide our standard nominee service. This is due to the fact that the business is not directly involved in the share sale and Seedrs will not benefit from any rights under a shareholder agreement. As a result, Seedrs will handle administrative tasks as we do normally, but you will not have information or voting rights, updates from the business, preemption on future fundraising, or ongoing support about business trading activity.

Learn more about Custodian here

Secondary market

This shows if the business has opted-in or opted-out of allowing its shares to be bought and sold on the secondary market.

Find out more

Direct investment

This is an option to invest and hold shares 'directly' in the company (rather than via the Seedrs Nominee). This option is only available to those investing over the threshold amount, which is determined by the fundraising company.

If you choose to hold your shares directly, you will be responsible for any contractual or administrative arrangements with the company you are investing in.

Find out more

Payment options

We are not able to accept card payments for investments into this sector. You can pay for your investment by creating a bank transfer, using funds in your investment account or create a Pay by Bank payment. Your investment will only be completed once the funds have reached our account.

Business Involvement

This Campaign offers shares for sale in business that is not directly involved in this Campaign or the sale. As a result, the Campaign and post-investment experience, including investor rights, will differ from a business-led campaign on Seedrs. Most notably, the business will not engage with investors in the discussion forums both during and after the sale or provide any updates to investors.

Learn more here

Payment options

We are not able to accept Pay by Bank payments for investments into this sector. You can pay for your investment with a card payment, by creating a bank transfer or by using funds in your investment account. Your investment will only be completed once the funds have reached our account.

Drawdowns

This campaign offers the ability to pay for an investment by drawdowns.

Warning

You are following a link outside of www.seedrs.com.

None of the information in constitutes part of the campaign and it has not been approved or reviewed by Seedrs.

ContinueCancel