Please note that all investors investing via the Eureeca platform must pass our KYC checks.

As a multi-regulated global equity crowdfunding platform with licensing from the UK Financial Conduct Authority and the Securities Commission Malaysia, we believe that regulation is a fundamental investor protection mechanism and that it provides investors with the most secure return on investment as possible.

It is important for entrepreneurs raising funds on Eureeca to know that the money being invested into their business is clean. Similarly, all proposals on Eureeca are put through a due diligence process that ensures that businesses applying to raise funds on Eureeca are legitimate and exist.

Eureeca carries out an internal process called "Know Your Client" (KYC) which is our way of saying "Due Diligence". This is an investor identification programme that is performed to ensure that investors using our platform have passed global anti-money laundering (AML) requirements.What does this mean in practice?

In simple terms, investors are being approved for us to hold their money for them in their Eureeca account. Investors are asked to submit due diligence documentation in the form of a passport copy and an official document (utility bill, bank statement, etc.) to serve as proof of address (POA). Every time a new investment is made, the POA needs to be updated and resubmitted because it must be within a three-month period of validity.

The level of due diligence documentation required and the length of time it takes for approval to transfer funds to the Eureeca platform depends on the country that the funds are being transferred from:
• Tier 1 - Trusted countries that already have AML procedures in place. In this instance, once the passport copy and POA has been submitted in the correct format, the investor will be granted immediate access to deposit funds into their Eureeca account.
• Tier 2 – Same as Tier 1, however, it can take the Eureeca compliance team up to 24 hours to grant access to the investor to deposit funds into their Eureeca account.
• Tier 3 – Investors wishing to transfer funds from more high-risk countries may be required to submit additional documentation such as source of wealth, title deed, etc.
• Tier 4 - Any country that has been sanctioned will not be approved by the Eureeca compliance team.

Note: We have made it easy to upload your documents onto the Eureeca platform. Either upload a scanned copy or use your mobile to upload your document.

If you have not submitted the correct documentation or there is a problem with the quality of the copy, the Eureeca compliance team will request a resubmission.

Once all the documents have been approved, investors can start making investments on the platform.