Tagged: estonia

July 30, 2021 @ 7:48 am By Omar Faridi  |  

The team at European P2P lending service provider Bondora notes that while return rates on their platform originations declined in June when compared to figures from May 2021, returns over the most recent few years “were still above their target rates.” The Bondora team has… Read More

July 25, 2021 @ 2:22 pm By Omar Faridi  |  

European peer-to-peer lender Bondora reports that originations on their platform keep on rolling in 2021. Last month, originations on the Bondora platform totaled €11,036,285—which represents a 5.9% growth rate when compared to figures from May of this year. This is reportedly the sixth straight month… Read More

July 19, 2021 @ 10:22 am By Omar Faridi  |  

The National Bank of Ukraine has reportedly added Fintech firm Paysera to the nation’s Register of Payment Systems. After carrying out the necessary technical preparations, Paysera will be providing quicker transfers to and from Ukraine to private clients. Transactions will be supported in hryvnias, Euros,… Read More

July 19, 2021 @ 12:56 am By Omar Faridi  |  

The team at European P2P lending platform Bondora reveals that it has been another solid month of growth for recoveries. Bondora, which has seen nearly 170,000 people invest more than €455 million and have reportedly earned €54 million to date, reports that the amount of… Read More

July 17, 2021 @ 5:03 pm By Omar Faridi  |  

The team at EstateGuru, an online lending platform that offers retail investors the ability to back loans secured by property, notes that even though we’re in the middle of really hot summer days and the start of the holiday season, the platform has still seen… Read More

July 15, 2021 @ 9:18 am By JD Alois  |  

Eurora Solutions, an Estonian firm that offers an AI/ML service for cross-border transactions, has raised a $3 million seed round, according to a note from the firm. The seed round was led by Change Ventures which was joined by angels including the founders of Printify,… Read More

July 13, 2021 @ 8:59 am By Omar Faridi  |  

The team at EstateGuru, an online lending platform that offers retail investors the ability to back loans secured by property, notes that as is customary, and as part of their commitment to transparency, they’ve published an “externally audited” annual report for 2020. EstateGuru‘s management writes in… Read More

July 12, 2021 @ 11:59 am By Omar Faridi  |  

YIELD App, the decentralized finance (DeFi) wealth management platform that’s focused on combining the best of traditional and digital finance, is pleased to confirm that they have launched a Bitcoin Fund, enabling users to earn “high-interest” returns on the world’s leading cryptocurrency, Bitcoin (BTC). As… Read More

July 8, 2021 @ 8:38 am By Omar Faridi  |  

European P2P lending platform Bondora reports that it has been making a “strong comeback” after the “universally challenging” 2020 (due to the COVID outbreak and resulting socioeconomic challenges). The Bondora team writes in a blog post dated July 8, 2021 that this ongoing recovery is… Read More

July 3, 2021 @ 12:22 pm By Omar Faridi  |  

Bigbank, a global Estonian-owned bank providing personalized financial products, has selected European payment services firm Nets, to offer issuer processing and digital services, such as virtual cards and mobile payment capabilities. As noted by its management: “We’re a new type of bank – a truly… Read More

July 1, 2021 @ 7:50 am By Omar Faridi  |  

The team at European P2P lender Bondora reports that 2021 return rates have been zooming past their targets. As noted by Bondora in a blog post dated June 28, 2021, investment returns on platform originations showed “signs of positive growth” during the month of May… Read More

June 21, 2021 @ 7:54 am By Omar Faridi  |  

The team at Estateguru, an online lending platform that offers retail investors the ability to back loans secured by property, reveals that it financed €16.8M worth of loans last month. As mentioned in EstateGuru‘s loan portfolio overview report, the most active markets were Estonia and… Read More

June 20, 2021 @ 11:32 am By Omar Faridi  |  

The team at European peer-to-peer lender Bondora reveals that their cash recoveries continue to climb. As noted in a blog post by Bondora (published on June 18, 2021), the month of May was another period of growth for the platform’s recoveries. Although the cumulative cash… Read More

June 17, 2021 @ 2:39 am By Omar Faridi  |  

Gabriella Kindert, who is considered an expert in private debt markets and has reportedly managed billions (currently serving as a Board member at EstateGuru), says that she encourages investors to check out different lending platforms. In a recent interview, Kindert talked about  how they should… Read More

June 16, 2021 @ 7:53 am By Omar Faridi  |  

Digital asset investing app provider Change has acquired $4.5 million in capital from 50 private investors at a $214 million valuation. The funds were secured through crowdfunding. Change is reportedly backed by more than 7,000 private investors. The crypto investment app developer says it will… Read More

June 15, 2021 @ 4:00 am By JD Alois  |  

Crypto exchange Change is reporting having closed a £3.7 million securities crowdfunding at a post-money valuation of £175 million. According to the company’s website, investors had three options to participate in the firm: a securities offering on Funderbeam Purchase CNG tokens that gives you equity… Read More

June 9, 2021 @ 8:46 am By Omar Faridi  |  

European peer-to-peer lender Bondora notes that 2021 is “proving to be a year of continuous, sustainable growth” for the company. As mentioned in an update from Bondora, dated June 8, 2021, investments and loan originations kept building on the steady momentum they’ve seen since the… Read More

May 25, 2021 @ 7:11 am By Omar Faridi  |  

Despite an unprecedented year in the global financial markets, European peer-to-peer lender Bondora is reporting its 4th straight year of profitability. Some of the main highlights for the Bondora platform during the past year are as follows: Revenue “increased by 5% to €21.4M” Net profit… Read More

May 25, 2021 @ 7:09 am By Omar Faridi  |  

Andres Luts, Chief Credit Officer at EstateGuru, an online lending platform that offers retail investors the ability to back loans secured by property, is responsible for managing the platform’s credit policy across several different European nations. Luis recently talked about EstateGuru’s enforcement proceedings that are… Read More

May 17, 2021 @ 11:37 am By Samantha Hurst  |  

Fagura, an Eastern Europe peer-to-peer (P2P) lending platform, has quickly secured its initial €200,000 funding target through its equity crowdfunding campaign on Seedrs. The funding round, which recently made its debut, has already attracted nearly 175 Seedrs investors so far. Founded in 2018, Figure states it is a… Read More