Slam. Report States that Swedbank and SEB Enabled Fraud Networks Including Failed P2P Lender Envestio

June 16, 2020 @ 11:21 am By JD Alois |

A new report claims that established banks Swedbank and SEB enabled “suspected fraud networks” to operate in the Baltics and mentions bankrupt peer to peer lending platform Envestio by name. Envestio, and similar platform Kuetzal, recently filed for bankruptcy in Estonia. Earlier this year, both… Read More

Read more in: Blockchain & Digital Assets, Global, Investment Platforms and Marketplaces, Politics, Legal & Regulation | Tagged baltics, envestio, estonia, fraud, kuetzal, latvia, p2p, peer-to-peer lending, scams, seb, swedbank, sweden

Envestio and Kuetzal are Bankrupt, According to Public Documents

June 10, 2020 @ 8:22 pm By JD Alois |

Peer to peer lenders, Envestio and Kuetzal, have both filed for bankruptcy according to publicly available information. Last January, Crowdfund Insider reported that Envestio and Keutzal were both under duress with some observers calling the online lenders scams. Soon both peer to peer lenders had… Read More

Read more in: Global, Investment Platforms and Marketplaces, Politics, Legal & Regulation | Tagged baltics, bankruptcy, envestio, estonia, fraud, kuetzal, online lending, p2p, peer to peer

The Baltic Fintech Ecosystem: Building Unicorns

April 7, 2017 @ 4:23 pm By Therese Torris |

Jevgenijs Kazanins of Twino introduces the Baltic tech scene at EXEC Fintech in Berlin Those familiar with the European fintech sector may have wondered for some time about why the Baltic States, which are among the smallest countries of Europe, are producing so many… Read More

Read more in: Featured Headlines, Fintech, Global, Insurtech | Tagged airdog, ask.fm, baltics, bitfury, bondora, estonia, exec, jevgenijs kazanins, latvia, lithuania, mintos, monea, pipedrive, pixelmator, savy, taxify, therese torris, transfergo, tuleva, twino