Latvian peer-to-peer lending platform TWINO has reportedly added a second Russian originator to its platform since its December 2016 launch.
According to P2P Finance News, over 40% of TWINO’s investors have funded Russian loans. While sharing more details about its Russian expansion, Jevgenijs Kazanins, P2P platform lead at TWINO, revealed to the media outlet:
“Russia is undoubtably one of Europe’s most attractive alternative lending markets and we have seen continued high demand from our investors. We have also seen considerable demand from consumers, as the online lending market in Russia continues to grow. The vast majority of our borrowers in Russia have access to bank credit but choose alternative finance online players instead, primarily because they offer an easier and faster way to access money and superior customer service. This represents a huge opportunity for TWINO investors.”
Kazanins added:
“As a company, we’re also the first platform to introduce P2P lending to emerging markets such as Russia and Kazakhstan. This helps us to ensure that we’re constantly maximising returns and offering new investment opportunities to our investors.”
The Russian expansion comes just after the lender announced its expansion into Central Asia and began listing Kazakhstan loans.
Sponsored Links by DQ Promote
Reg A - Form 1-A Filings Beta
Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.
YTD: Jan 1, 2026 - Oct 22, 2026 vs Jan 1, 2025 - Oct 22, 2025
Share this graph
Number of Filings131Prior 125 +4.8%
Target Raise, Total$3.40BPrior $3.54B -3.9%
This YTD
Year prior
Change
Filings
131
125
+4.8%
Target raise
$3.40B
$3.54B
-3.9%
Sponsored by
the Crowded Media Group
the leading digital news service covering the global Fintech Industry, including digital assets, crowdfunding, tokenization, and other innovations in capital markets. email us@CrowdfundInside
This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.
Crowdfund Insider is the leading news website covering the emerging global industry of disruptive finance including investment crowdfunding, Blockchain, online lending, and other forms of Fintech.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it and agree to our terms of service.
“Russia is undoubtably one of Europe’s most attractive alternative lending markets and we have seen continued high demand from our investors. We have also seen considerable demand from consumers, as the online lending market in Russia continues to grow. The vast majority of our borrowers in Russia have access to bank credit but choose alternative finance online players instead, primarily because they offer an easier and faster way to access money and superior customer service. This represents a huge opportunity for TWINO investors.”
