How to Sign Up on Envestio
Do you want to invest into business projects and help companies to expand their operations? Envestio is a latvian P2P platform that allows you to do exactly that.
In return the investors earn up to 22% of interest per year. In this article you will learn whether you qualify to become an investor and how you can sign up on Envestio.
Who can register on Envestio?
In order to register on Envestio you need to be over 18 years old and a resident of the EU (or the European Economic Area). Investors from other countries are asked to contact Envestio via email email@example.com to find out whether they can also invest on the P2P lending platform.
Requirements to sign up on Envestio:
- Over 18 years
- EU / EEA resident
It is recommended that Envestio investors transfer their funds to the platform from an European bank account. If you don’t have one yet, you can simply open a free bank account in EUR with Transferwise or Revolut. For more details read my guide about suitable bank accounts for travelers and digital nomads.
Transfers from other non EU accounts might result in extra costs.
Sign up on Envestio | Step by Step Guide
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In order to sign up on Envestio you need to visit their site and click on the Sign Up button.
In the first step you need to fill in the registration form. You need to declare whether you are investing as a private person or a company.
Furthermore you need to fill in your name, gender, phone, email, date of birth as well as your password.
Don’t forget to check the captcha box as well as accept Envestio’s the terms and conditions.
Confirm your email
Next, you need to verify your email address. Within a few minutes you should receive an email from Envestio. Click on the link and confirm your registration.
Verify your identity
To complete the registration on Envestio you need to upload your ID or passport.
Just click on the menu on Documents and upload a document that proves your identity.
Accepted documents are:
- National ID (both sides)
- Driving licence
You can upload scans or pictures, just make sure that one can read your date.
Note that Envestio also requires you to prove your residency. You might need to provide a scan of your Utility bill, a bank account statement or tax returns. The official document should contain your name as well as your address and it should not be older than 3 months.
Start investing on Envestio
Usually it takes up to one day to get verified with Envestio. As soon as the verification is complete you will be notified via email.
Here is a step by step guide how to transfer funds and start investing on Envestio. I myself have been investing on Envestio since the beginning of 2018. If you want to learn more about the platform, ready my comprehensive Envestio review.
Envestio Promo Code to receive a €5 bonus as well as 0,5% cashback on your investments.