Joukkovelkakirjoissa

Joukkovelkakirjoissa, or "crowd bonds" in English, is a form of crowdfunding that allows individuals to invest in debt securities issued by companies or projects. Unlike traditional equity crowdfunding where investors receive ownership stakes, with joukkovelkakirjoissa, investors lend money to the issuer and receive regular interest payments, with the principal amount repaid at maturity. This model is often utilized by small and medium-sized enterprises (SMEs) or startups seeking funding that might not be readily available through traditional banking channels.

The process typically involves an online platform that connects issuers with potential investors. Issuers present their funding needs, business plans, and the terms of the debt offering, including interest rates and repayment schedules. Investors, after reviewing the details, can choose to invest specific amounts. These investments are often pooled together, hence the term "joukko" or "crowd." Joukkovelkakirjoissa provides an alternative financing option for businesses and a potentially higher-yield investment opportunity for individuals compared to traditional savings accounts, though it also carries inherent risks associated with the issuer's ability to repay the debt. Regulatory frameworks around joukkovelkakirjoissa vary by jurisdiction to ensure investor protection.