Hi,

is Omaraha applying for Crowdfunding Best Practice label created by Deloitte Legal and FinanceEstonia?
http://www2.deloitte.com/ee/en/pages/legal/articles/deloitte-legal-and-financeestonia-drafted-a-crowdfunding-best-pr.html

I see all other Estonian p2p platforms have joined. If not, what are the main reasons?

thanks,
Kriss

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Hi,is Omaraha applying for Crowdfunding Best Practice label created by Deloitte Legal and FinanceEstonia?http://www2.deloitte.com/ee/en/pages/legal/articles/deloitte-legal-and-financeestonia-drafted-a-crowdfunding-best-pr.htmlI see all other Estonian p2p platforms have joined. If not, what are the main reasons?thanks,Kriss

As Bondora has got Deloittes seal of approval this is obviously not a label worth having. I seems like nothing more than Deloittes extorting money from platforms while giving investors the illusion that Deloittes are overseeing the workings of these platforms. You can be sure that as usual if a platform fails Deloittes and all other “regulators” and “ overseers” will head for the hills and leave the investors high and dry as usual.

Omaraha have Estonian Financial Supervision license and has to follow those rules without Deloitte made Best Practice. Best Practice is not giving to Omaraha any additional benefit. At the same time is good to see that many crowdfunding companies promise to follow same rules we have followed from first day.
Finance Estonia have different target. We have two companies which are active in lending, another company (Koduliising OÜ) is made application to be member of Finance Estonia. Let’s see how the things are moving, maybe we will join with Omaraha as well.
Omaraha.ee

Why Omaraha aren't mencioned in AltFi Awards (and P2P Independent Forum)in last years?

How investor, it help us in increase the confidence about the platform in two ways. Participate in that awards or forum will increased probably the transparency and knowledge from the platform to investors. Currently the information around this platform is improvement necessary.

Do it is intentional and committed for commercial purposes or only listlessness?