Tagged: estonia

EstateGuru Saw €183M Worth of Loans Issued on their Platform in 2022, 10% Less Than 2021

In 2022, EstateGuru reportedly saw €183.0M worth of loans on ther platform (10% less than in 2021), with €11.8M produced in December. Estonia was “the best performing market in terms of volume, in December (€5,3M), and also in 2022 overall (€69.2).” Finland followed “with €2.2M… Read More

Community Digital Bank and Alternative Investment Platform Fagura Raises €780,000 on Seedrs

Fagura, a Fintech that aims to become the “first community digital bank in CEE for anyone to borrow, invest and transfer money,” has raised over €786,000 on Seedrs. According to the offering page, 287 investors backed the firm, which easily topped its €400,000 initial funding… Read More

Bondora Reports Highest Loan Originations, Investment Figures for December 2022

The team at Bondora notes that 2022 ended strong “with impressive numbers across [their] portfolios.” December reportedly had “the highest loan originations and investment figures, over €1M in recoveries, and more.” In December, 1,500 new investors joined Bondora. Investors have “earned more than €88M in… Read More

Bondora Sells Batch of Defaulted Loans to Enhance Operations, Firm Recognized as One of Estonia’s Top Tech Firms

Bondora notes that they aim to keep their portfolio in “top shape’ and generate continuous positive returns for investors. That’s why they’ve sold yet another batch of old defaulted loans in Estonia. However, the system update after this sale “caused a temporary reporting hitch that… Read More

EstateGuru Reports that Estonian Market Issued €5.4M Worth of Loans Last Month, Followed by Lithuania with €3.2M

EstateGuru reports that in November 2022, the Estonian market “produced €5.4M worth of loans, followed by Lithuania with €3,2M and Finland with €2.1M.” In November of this year, the total financed amount “was €13.2M.” EstateGuru’s core markets “performed as expected, despite the holiday season having… Read More

European Investment Platform Bondora Reports Slight Decline in Origination Numbers

Investment figures and origination numbers dipped “slightly” in November, according to an update from Bondora. Investors added just shy of €14M to their accounts, Bondora revealed. And a total of just over €14M was “originated in loans across all [their] active markets.” Although they decreased,… Read More

Bondora Reports Slower Investment and Origination Stats for November 2022

As the colder weather settled in, Bondora platform originations and investment figures are also “cooling.” With “a 6.4% decline in loan originations, as well as a 5.8% decline in investments.” Spain, however, continues “to increase its origination standing.” There was also “a substantial increase in… Read More

Bondora Reports Steady Growth in Investments and Originations

In October, Bondora reveals it “saw favorable increases in investments and originations. Originations exceeded €15M, and investments €14M.” This puts Bondora on track “for a good Q4 in 2022.” Spanish originations “exceeded 1M once again.” In contrast to September, investments “for all products increased in… Read More

EstateGuru Reports that Estonia was Best-Performing Market with €6.5M Worth of Loans Funded

EstateGuru reports that the satisfactory level of loan origination “continued in October with the same storyline as in September.” In October, Estonia was “the best-performing market with €6.5M worth of loans funded, followed by Lithuania (€3,3M) and Germany (€1.8M).” The total financed amount was €15,1M…. Read More

London based Volt Launches Real-Time Payments for Crypto Exchange Kriptomat

Volt, the global gateway for open banking payments in Europe, the UK and Brazil, and Kriptomat, one of the “fastest-growing” European cryptocurrency exchange platforms, are announcing a partnership “to enable Kriptomat customers throughout Europe to make real-time account-to-account payments to buy, sell and exchange cryptocurrencies.”… Read More

European Investment Platform Bondora Reports Originations Exceeding €15M in October

European investment platform Bondora reveals that October made solid gains in the origination and investment front. Especially when considering “the declines from September.” Investment funding via Bondora “increased by 21.3% to over €14M.” And loan originations “exceeded €15M.” Secondary Market activity “increased once again, and… Read More

Global Fintech Wise Planning to Introduce Assets Investing Service Across Europe

Fintech firm Wise (LSE:WISE) is reportedly planning to introduce its Assets investing service across Europe after acquiring an operational license in Estonia. Presently available in the United Kingdom, Assets allows clients to hold cash in their multi-currency accounts in various asset classes, while also being… Read More

Over €80M in Returns Paid Out to Investors via European Investment Platform Bondora

In August 2022, more than €80M in returns have reportedly been paid out to Bondora investors since they were founded. Bondora is focused on helping “to empower people to take charge and set themselves up for success with their financial futures.” Loan origination and investments… Read More

Tuum Teams Up with Salt Edge to Deliver Open Banking Solutions

Tuum, an Estonian-born “next-generation” core banking platform, has partnered with Salt Edge, a key player in open banking solutions, “to help financial services providers from all over Europe to leverage the full spectrum of open banking features – fast and secure.” As technological advancements make… Read More

Bondora Reports Increase in Investments, Originations

After having a slow month in June, investment and loan origination figures “rebounded and increased steadily by 18.7%,” according to an update from Bondora. This brought both totals to “a solid €15,333,326 in July.” This is encouraging to see at the start of Q3, the… Read More

UK Fintech Transact365 Teams Up with Digital Asset Exchange FINECTUM

Transact365, a UK-based global payments platform powering merchants across the globe, has partnered with digital asset exchange FINECTUM. The partnership means that merchants using Transact365’s payments platform “can now accept and process crypto payments, including BTC, LTC, USDTE, USDTT, ETH and more, across five continents.”… Read More

Investors Financed €11.8M Worth of Loans via EstateGuru in July 2022: Report

EstateGuru notes that summer is in full swing, which is also evident in their loan volumes. During July 2022, their investors financed €11.8M worth of loans “with Estonia contributing the most with €4.0M, followed by Latvia (€2.3M) and Lithuania (€2.2M).” EstateGuru further noted that they… Read More

Bondora Reports Significant Increase in Recovered Loans, Total Cash Recovered

After a slow June, Bondora‘s collection and recovery figures “rebounded as anticipated.” Bondora further noted that “the number of recovered loans, as well as the total cash recovered, increased.” The total recovered cash also “climbed to exceed €1 million once again.” The count of loans… Read More

Estateguru had a Solid Q2

Estateguru, an Estonia-based Fintech that offers a marketplace for investors to back secured loans, recently reported its Q2 numbers, and they were pretty solid. According to a blog post, Estateguru saw its assets under management (AUM) rise to a portfolio of €268 million while attracting… Read More

Bondora Reports Slower Month for Investments, Originations

After stabilizing in May 2022, investment figures declined “from €15,458,394 to €12,913,190 in June 2022” on the Bondora platform. And with loan originations, there was “an overall decline of 17.3%.” This was expected, as there “have been slowdowns in origination and investment activity during the… Read More

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