Before the start of the funding phase
For the protection of the supporters we are legally obliged (Money Laundering Act §11) to verify the identity and account details of the starters. With the verification we can make sure that the community always knows who starts the projects on Startnext. The collected data will only be used to process the payments of the successful crowdfunding campaign and will be stored in accordance with legal deadlines.
We will guide you step by step through the process via the interface on your project page under the item "verification":
- Step 1: Set legal entity: Choose whether you want to legitimize yourself as a private person or as a company. We can currently legitimize the following organizations: Sole proprietorship, partnerships under civil law, association, UG / GmbH, foundation, OHG, KG, GmbH & Co. KG, cooperative, AG, registered merchant, corporations under public law.
- Step 2: Maintain payout details: Enter the name of the account holder and the account number to which the funds are to be distributed after the successfully funding of the project. In the funding phase, the funds are administered in trust by our payment service provider and partner secupay AG. You therefore confirm the trust agreement as a starter.
- Step 3: Confirm payout account: After you have entered your bank account details and confirmed the trust agreement, we ask you to check your bank account again.