Tagged: estonia

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

Coorest Receives Chainlink Grant to Develop dApp for Carbon Trading, Offsetting

With growing global concern around the climate emergency and unsustainable agricultural practices, many countries, enterprises, and startups are “collaborating to build sustainable solutions that tackle the harmful effects of climate change,” according to an update from Chainlink. At the forefront of the battle against climate… Read More

EstateGuru Investors Financed €14.1M in Loans During June 2022

Despite the ongoing holiday season, EstateGuru investors reportedly financed €14.1 million worth of loans during the month of June 2022. All of the primary markets they operate in performed “exceptionally,” led by Estonia (€3.5M), Germany (€3.0M) and Lithuania (€2.7M). EstateGuru further revealed that they witnessed… Read More

Bondora Explains Why Go and Grow Is Successful, Mainly due to Portfolio Distribution

For those interested in how Go & Grow works, Bondora recently shared information about what makes it successful (mainly its portfolio distribution). Bondora has provided details on how the claims added to Go & Grow are distributed, the most common ratings, the “most popular” goal… Read More

Former Estonian Financial Regulator to Lead Crypto Firm SG Veteris in Estonia as it Pursues Crypto License

Raul Malmstein, the Former head of Estonia’s financial regulator, will open a new office in Estonia for SG Veteris, a crypto firm.  He is the former chairman of the Management Board of the Estonian Financial Supervision Authority (EFSA), a position he held for eight years…. Read More

Investors Backed Nearly €20M in Loans via EstateGuru in May 2022

European lender EstateGuru notes that their investors backed nearly €20.0 million worth of loans in May of 2022. The “best-performing” market was Estonia (€7.0M), “followed by Lithuania (€5.0M) and Finland (€3.6M).” As EstateGuru predicted last month, repayments “improved during May.” Their borrowers “paid back €14.6M… Read More

Fundvest to Offer New Investment App for Baltic Countries

Fundvest is a solution for consumers who are looking to grow their wealth. It is a user-friendly savings and investments platform that aims to assist clients with focusing on their long-term financial strategy. It will provide access to EU and US stock exchanges and maintain… Read More

Over 200,000 Investors Have Joined European Online Lender Bondora

After carefully watching the number of new investors every month, Bondora is pleased to confirm that there are now over 200,000 investor accounts on their platform. Bondora notes that they are quite pleased that more and more people are choosing to invest with them. Their… Read More

Cypher Capital Invests in lomob, a Mobility Marketplace

Estonia-based lomob Technologies OU, a blockchain-based firm that is developing a “mobility marketplace network and token” has received an investment from Cypher Capital. Cypher Capital is a VC firm based in the UAE, and active in the global crypto, blockchain, and digital asset space. The… Read More

European Lender Bondora Reports Record Number of Recoveries in April

Even though Bondora‘s cash recoveries declined in April 2022, the number of recovered loans increased considerably. Across all countries, recovered missed payments “increased by 2.3% to 79,281.” This means they have “a new record for the most missed payments recovered.” In March, Bondora claims it… Read More

€14.7M Worth of Loans Financed via EstateGuru in April 2022

European lender EstateGuru reports that €14,7M worth of loans were financed during April of 2022. New loans in Estonia “contributed nearly 50% of the volume, followed by Germany and Latvia.” During the past month, EstateGuru reports it has “seen a rise in investor activity and… Read More

European Lender Bondora Reports Strong Growth in Originations, Investment Funding

In April 2022, both originations and investment funding grew “strong” and set new highs for the year, according to an extensive update from Bondora. The European lender noted that loan originations “increased by 7.2% to €15,697,955 and investments by 7.3% to €15,548,882.” As mentioned in… Read More

European Lender Bondora Shares Latest Financial Results

European lender Bondora says it’s pleased to announce their platform’s 5th consecutive year of profitability. With their solid foundation, Bondora continues to “offer intuitive products that empower [their] customers to spend, grow and save their money.” Over the past 14 years, the Bondora community of… Read More

European Investment Platform Lendermarket Triples Platform Growth, Welcomes Second Lending Group

Lendermarket, which claims to be one of Europe’s fastest growing P2P investment platforms, recently announced that it is becoming “a multi-lender platform after signing an agreement with Credory, an Estonian SME-financing company.” The partnership “enables Lendermarket to appeal to investors looking for lower-risk loans and… Read More

EstateGuru Returns to Crowdfunding, Quickly Tops Funding Target on Seedrs

EstateGuru, a European investment platform providing access to short-term property-backed loans, has returned to Seedrs once again to raise additional growth capital. According to the offering page, EstateGuru has cruised past its €500,000 initial target, having raised almost €1.2 million as of this writing. EstateGuru… Read More

EstateGuru Financed €16.7M in Loans in March, Despite Macroeconomic Changes: Report

As the EstateGuru team claims to have predicted, the total funded amount in March was “similar to February.” EstateGuru‘s management writes in a blog post that investors “financed €16.7M worth of loans and, despite macroeconomic changes, investor and borrower behavior remains stable.” During March, Estonia… Read More

LHV Group to Invest in Fintech Modular Technologies

LHV Group will reportedly be making an investment worth €1 million in the Estonian financial tech company Modular Technologies OÜ, trademark ‘Tuum’. The firm is developing a new generation banking platform that “offers the core system also to LHV UK Limited, a subsidiary of LHV… Read More

UK Fintech Lightyear Introduces Limit Orders, Auto Conversions, Exportable Activity Statements

Fintech firm Lightyear, which launched in the UK last year, recently announced the addition of new features: limit orders, auto conversions and exportable activity statements. Lightyear has also “formally appointed two of its seed investors as advisors, Wander Rutgers and Joe Cross.” Lightyear, founded by… Read More

European Lender Bondora Introduces New App for its Go and Grow Account

European lender Bondora notes that if you are looking to invest while you’re on the move, then they have an app just for that. The investment platform is introducing the Go & Grow app by Bondora. With the app, users have all they need at… Read More

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