EWIA switches to the European Crowdfunding Regulation

Our partner CONDA has converted its financing platform to a new legal regime—and so have we. What does this mean for our investors? Lenders become securities holders. And while strict protective mechanisms remain in place under EU regulations, which replace the Small Investor Protection Act, investors can now invest across borders.

Our partner CONDA has converted its financing platform to a new legal regime. You can currently participate indirectly in EWIA there. This and all future offers are now made in accordance with the European Crowdfunding Regulation (ECSP Regulation).

In a nutshell: This legal framework focuses on harmonized, information-based investor protection while also enabling cross-border offerings. This allows EWIA to target investors in all EU countries.

But what exactly is changing for you and for us? Let's take a look at how the Small Investor Protection Act (KASG), which has been the governing law to date, differs from the EU Crowdfunding Regulation (ECSP) that is now being applied.

What changes for you as an investor (to your advantage)

For you as an investor, the main change is the investment instrument: instead of becoming a lender, as has been the case with EWIA project financing to date, you will invest in a bearer bond for future financing. You will receive a certificate that will be stored electronically at no cost to you.

EU crowdfunding regulation replaces Small Investor Protection Act

Until now, project financing via EWIAfinance was subject to the German Small Investor Protection Act. This financing for German projects was supervised by BaFin and required an investment information sheet (VIB).

Since November 2021 (with transition periods), there has also been a European Crowdfunding Regulation (ECSP, European Crowdfunding Service Providers) that harmonizes rules across the EU.

CONDA has received the corresponding EU approval. This means that it now operates under uniform European regulations that replace or supplement many of the old national rules of the German Small Investor Protection Act for cross-border offers. Strict protective mechanisms remain in place under EU regulations, such as mandatory risk assessment and the Key Information Investment Sheet (KIIS) for investment projects.

Impact on investors and issuers

	Small Investor Protection Act (KASG)	ECSP Regulation (EU)
information sheet	Asset Investment Information Sheet (VIB)	Key Investment Information Sheet (KIIS)
Market Access	Focus on projects within Germany	Access to projects across the entire EU
Protection Mechanism	Primarily national barriers and investment limits	Harmonized, information‑based investor protection at EU level

Under the ECSP Regulation, issuers can target investors from across the EU via licensed platforms. This is highly relevant for EWIA, as Scandinavians and Dutch investors, alongside Germans, are considered to have a strong ESG focus. Regulatory fragmentation is being eliminated, which massively expands the potential capital market. The maximum issue volume is capped at €5 million within 12 months.

Redirection on the website

This legal change to the ESCP Regulation also affects our website(s). The familiar domain www.EWIAFinance.de will now redirect you to the domain https://finance.ewiainvestments.com/projects/. You will also be redirected there if you click on “Projects” in the “Investor” tab at www.ewiainvestments.de.

As a previously registered investor, you can log in at the new address just as before and see all your projects at a glance in your financial overview.

We are currently still making a few minor updates to the EWIA homepage, which we will complete over the next week or two.

If you have any questions, please feel free to send us an email at

info@EWIAinvestments.com.