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Crowdfunded intercity train service launches in Germany

by Futures Centre, Feb 1
1 minute read

The Berlin start-up Locomore has the crowdfunded daily train service up and running. Its first journey was from Stuttgart to Berlin in December 2016. The tickets are less than one-fifth the fare of national service Deutsche Bahn. The service uses ‘vintage’ carriages, runs on electricity from renewable sources, and offers travellers a range of organic and free range snacks.

Investment opportunities are open to the public, starting at a 1500 € loan for a duration of five years, with payment either in cash or in ticket vouchers. Ticket vouchers earn double the interest rate.

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