Posted by While analysing the Swiss P2P platform 7Harvests, I came across several additional red flags. First: The website advertises a minimum investment of EUR 50 and returns starting at 15%. However, the legally binding Terms & Conditions state a minimum investment of EUR 500 and cap interest rates at up to 12%. In other words, there is no overlap between the advertised minimum return and the contractual maximum return.
Second: The same Terms & Conditions apply exclusively to users residing or established in Switzerland. Investors from outside Switzerland must confirm that they discovered the platform on their own and initiated the first contact themselves. This is a classic “reverse solicitation” structure, designed to formally deny active marketing within EU markets. As a result, investors outside Switzerland would be relying on contractual terms that do not formally identify them as the intended target audience and that specify different conditions than those advertised on the platform’s homepage.