As we cross the halfway of 2024, TWINO online investment platform has provided an update on performance from NetCredit Poland.
As shared in a blog post by TWINO, here are the key preliminary financial results:
As of now, TWINO notes that there are “over 115,000 credit cards that have been issued since the product launch, demonstrating ongoing demand and customer base growth.”
According to TWINO’s update, it’s been “a successful first half of the year, with results indicating consistent and stable growth.”
For the upcoming months, their focus are “set on further new client attraction and enhancing payment options.”
This includes expanding the use “of digital credit cards beyond Poland to ensure even better financial accessibility which is one of the key projects for this quarter.”
Additionally, they have just “launched their new brand identity and website, with mobile app set to launch in the coming weeks”, shares Izabela Sienkiewicz, CEO of NetCredit Poland.
Meanwhile, efforts to expand the reach and grow “the portfolio of the company’s premium product Halvo, launched in February 2024, are ongoing.”
You can find NetCredit Poland’s financial report for 2023 on here.
In another update, TWINO shared the overview of key statistics from the past month, providing a quick snapshot of “the platform’s performance and developments.”
Here are a few product updates:
New Rentals offering. They have launched “a new residential real estate project on the platform – Dainas.”
Its first short-term rental apartment is “currently available for investments.”
It is a fully furnished, modern 27m2 studio apartment “combining style and functionality.”
The apartment stands out as “a prime rental opportunity, appealing to tenants seeking both elegance and practicality.”
Status: available for bookings on Airbnb.
TWINO noted in a blog post that you may consider the opportunity to add this apartment to your investment portfolio.
While commenting on other recent announcement, TWINO confirmed that it has officially joined the Fintech Latvia Association reflecting their “continued commitment to the Latvian fintech community.”
The association unites fintech companies and other financial organizations operating outside the banking sector “to promote the growth of Latvia’s fintech and non-banking sector, highlighting the many benefits it offers to consumers and society as a whole.”