Tagged: finland

June 21, 2022 @ 8:37 am By Omar Faridi  |  

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

June 10, 2022 @ 2:50 pm By Omar Faridi  |  

Instant payments are at “the top” of P27’s agenda. And more than a dozen banks connected to Swedish instant payments solution Swish are “set to test the Nordic payments platform by the end of the year.” Customer Relations Director Jacob Groth said: “We’re doing everything… Read More

June 8, 2022 @ 9:25 am By Omar Faridi  |  

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

June 6, 2022 @ 10:03 pm By Omar Faridi  |  

MyApp, complementing Enfuce’s turnkey solution Card as a Service, is a white-label mobile app “with all the features of a modern card management.” With MyApp, Enfuce now “allows its customers to move to market with their new payment products in a more complete form.” As… Read More

May 28, 2022 @ 10:45 pm By Omar Faridi  |  

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

May 28, 2022 @ 9:26 pm By Omar Faridi  |  

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

May 23, 2022 @ 8:24 am By Omar Faridi  |  

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

May 17, 2022 @ 12:42 am By Omar Faridi  |  

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

May 3, 2022 @ 1:07 am By Omar Faridi  |  

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

April 21, 2022 @ 8:24 am By Omar Faridi  |  

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

April 18, 2022 @ 7:52 am By Omar Faridi  |  

European lender Bondora notes that the collection and recovery efforts in March 2022 set new “record highs” for 2022. The cash collected increased by 61.6% from February 2022, “totaling €1,249,637.” And 77,471 missed payments “were recovered, which is the highest number in Bondora’s history:” The… Read More

April 3, 2022 @ 10:30 pm By Omar Faridi  |  

Even though working hard is their motto, Bondora also loves celebrating “big” moments, “small wins,” and all the “good stuff in between.” In March 2022, Bondora had celebrated 14 years of launching operations. They thank their clients and everyone who has been part of their… Read More

March 30, 2022 @ 8:03 am By Omar Faridi  |  

Zimpler, a Swedish Fintech within the payments space, has secured new equity funding from Nordstjernan Growth, an arm of an established Swedish investment house “focused on long-term quality growth.” FT Partners advises leading Swedish account-to-account payment provider Zimpler (@zimplers) on its new equity funding round… Read More

March 28, 2022 @ 12:13 pm By Omar Faridi  |  

European lender Bondora recently celebrated its 14th year of launching operations. The team at Bondora has thanked all their customers who have chosen to work with them, supported them, and grown with them over all these years. The online lending platform’s management is also thankful… Read More

March 21, 2022 @ 1:56 am By Omar Faridi  |  

After a very “ambitious” January 2922, the collection and recovery numbers “settled more” in February on Bondora. The Bondora team revealed that the number of payments and the cash collected “declined by 0.6% and 16%, respectively.” This is the first time in 6 months that… Read More

March 19, 2022 @ 10:48 am By Omar Faridi  |  

Fellow Finance‘s general meeting has on 22 December 2021 approved the merger of Fellow Finance into Evli Bank Plc “in accordance with the merger plan signed on 30 September 2021.” The planned effective date of the merger “is on or about 2 April 2022.” The… Read More

March 14, 2022 @ 1:26 am By Omar Faridi  |  

For the most part, February 2022 had “similar figures” to January, making for quite a stable start to the year, the team at European lender Bondora noted. The firm added that during a time when life can “feel uncertain,” they aim to be “a constant… Read More

March 4, 2022 @ 11:26 pm By Omar Faridi  |  

Pärtel Tomberg, CEO at European lender Bondora, notes that the news of the Russian invasion of Ukraine has “sent shock waves around the world.” Bondora‘s CEO writes in a blog post that their thoughts “go out to everyone who is affected, and [they’re] committed to… Read More

March 2, 2022 @ 10:50 am By Omar Faridi  |  

Empowered by Enfuce’s payment platform, AirPay Digital is able to provide smart business cards featuring automated bookkeeping. AirPay, which claims to be the first card payment solution to cover the transaction journey from point-of-sale to company accounting, has selected Enfuce, one of Europe’s Fintech firms,… Read More

February 25, 2022 @ 11:02 am By Omar Faridi  |  

Checkout.com, which recently raised $1 billion at a $40 billion valuation, notes that Strong Customer Authentication (SCA) is now “mandated across all of Europe and businesses have had to make changes to make sure they are compliant.” The team at Checkout.com writes in a blog… Read More