Domande e Risposte Frequenti

Q: What is Pariter Equity?

A: Pariter Equity is a Syndicate investing platform that connects highly technological companies and talent teams with potential investors both in Italy and globally.

Q: How to apply - as investor?

A: Just go to https://pariterequity.com/login/ and apply to access the exclusive deal flow and company profiles raising capital. After providing email and a phone number you will be contacted by a Pariter representative in order to connect and proceed to fill the MIFID questionnaire.

Q: Are you a professional investor?

A: The subjects that can be considered professional investors and participate in the dedicated 5% are of 3 types:

1. Professional investors by law

Professional clients are meant for all investment services and instruments:

(a) the subjects who are required to be authorized or regulated to operate in the financial markets, be they Italian or foreign, such as:

  • banks; investment firms; other authorized or regulated financial institutions; insurance companies;
  • collective investment schemes and management companies of such bodies;
  • pension funds and fund management companies;
  • the own-account negotiators of commodities and commodity derivatives;
  • entities that carry out trading on their own account on markets for financial instruments and indirectly adhere to the settlement service, as well as to the clearing and guarantee system (locals);
  • other institutional investors;
  • stockbrokers;

(b) large enterprises that have at least two of the following requirements at the individual company level dimensional:

  • balance sheet total: EUR 20 000 000,
  • net turnover: EUR 40 000 000,
  • own funds: EUR 2 000 000.

(c) institutional investors whose main activity is to invest in financial instruments, including entities dedicated to the securitization of assets or other financial transactions

(d) bank foundations and innovative start-up incubators

2. Professional investors on request

at least two of the following requirements must be met:

  • the customer carried out transactions of significant size on the market in question with an average frequency of 10 transactions per quarter in the previous four quarters;
  • the value of the client's portfolio of financial instruments, including cash deposits, must exceed EUR 500,000;
  • the client works or has worked in the financial sector for at least one year in a professional position which requires knowledge of the operations or services envisaged.

3. Investors to support small and medium-sized enterprises

Having a value of the portfolio of financial instruments, including cash deposits, exceeding 500,000 euros, in possession of the integrity requirements and at least one of the following requirements:

  • have made, in the last two years, at least three investments in the share capital or by way of shareholder financing in small and medium-sized enterprises, each of which for an amount of at least 15,000 euros;
  • have held, for at least twelve months, the position of executive director in a small or medium-sized enterprise, other than the offering company.

Q: How can I raise capital - as syndicate lead?

A: Just go to https://pariterequity.com/login/ and apply to for an investor profile to access the exclusive deal flow and company profiles raising capital. After providing email and a phone number you will be contacted by a Pariter representative in order to connect and proceed to fill the MIFID questionnaire.

When your investor profile is confirmed you can create a deal in the left side menu.

Q: How can I raise capital - as company?

A: First you have to create a user/compnay profile here https://pariterequity.com/signup/. Than a company representative will be in touch with you to confirm your identity and start the application process of valuation to list a company (and a new deal) on the platform.

Q: What are fiscal benefits for investors?

A: The new Relaunch Decree, signed on 19 May 2020, has increased the tax deduction for individuals who invest in innovative startups and SMEs, bringing it to 50% (to be confirmed) of the invested capital up to a maximum of 100 thousand euros invested in equity crowdfunding. Before this change, the deductible percentage was 30% and will continue to remain so for legal entities and natural persons who have invested more than 100 thousand euros, but less than 1 million.

Q: What are the risk to invest in deep-tech companies and early stage startup?

A: The investment in financial instruments of unlisted companies (specially working in deep-tech applications/markets) consists in the acquisition of equity securities of the issuing companies. These titles allow you to acquire the membership status, with the related benefits, but potentials are also addressed, here are the main ones:

1) The risk of loss of capital - By purchasing "equity securities" you become a member of the company and therefore participate in full in the economic risk that characterizes all business initiatives. Since these are newly incorporated companies operating in innovative sectors, the risk that the business project will not be successful is even greater than that of companies already operating in a certain sector for some time, which, of course, also affects the risk for investors to lose the entire capital invested.

2) The risk of illiquidity - The liquidity of a financial instrument generally consists of its ability to readily transform itself into money without loss of value. It depends primarily on the existence of a market in which the security can be traded and on the characteristics of this market. In general, other things being equal, securities traded on "organized markets" are more liquid than securities not dealt in on such markets. This happens because the demand and supply of securities are mainly channeled on organized markets and, therefore, the prices recorded in that context are considered more reliable indicators of the effective value of the financial instruments.

When, on the other hand, financial instruments are not traded on organized markets, it can be difficult or impossible to liquidate them or understand their effective value: these financial instruments are more "illiquid" (it is more difficult to sell them quickly and at a price that actually reflects their value).

Financial instruments issued by private companies that can be subscribed through the equity crowdfunding portals belong to the category of illiquid financial instruments. Therefore, whoever subscribes to these instruments must be aware of the fact that, in addition to the risk of loss of the entire invested capital, there is also the risk of "illiquidity".

Trento, Maggio 2020