Tagged: finland

February 23, 2022 @ 8:32 am By Omar Faridi  |  

The team at European lender Bondora notes that the collection and recovery team started 2022 on “a high note.” The number of loans issued via the platform and the total amount of debt recovered increased when compared to the last month. As noted by Bondora,… Read More

February 23, 2022 @ 8:29 am By Omar Faridi  |  

The first month of this year saw €16.3M in loans originated via EstateGuru with Estonia and Germany together contributing more than half the total amount of funding. Due to seasonality, repayments came in at a “modest” at €2.5M, accounting for 23 loans with “an average… Read More

February 17, 2022 @ 8:49 am By Omar Faridi  |  

European lender Bondora reveals that 2022 is off to a solid start, as the annual return rate for 2021 outperforms the target rate by 5.5%. The quarterly performance has also improved from December 2021, with all four quarters of 2021 “performing above their target rates.”… Read More

February 16, 2022 @ 10:22 am By JD Alois  |  

Invesdor, a top European securities crowdfunding platform based in Finland, merged with Germany-based Kapilendo in 2021. Today, Invesdor has announced the two platforms are combining to create a single website to “make cross-border investing easy and affordable.” In 2019, Invesdor merged operations with debt-based platform… Read More

February 9, 2022 @ 1:27 am By Omar Faridi  |  

The team at European lender Bondora notes that they have kicked off the new year with many investors joining their platform. Originations and investments fell a bit, as they did during the month of December, but managed to maintain solid numbers when compared to January… Read More

January 30, 2022 @ 4:34 pm By Omar Faridi  |  

European lender Bondora notes that Go & Grow is their investors’ favorite or most preferred way to invest in their wealth. Bondora writes in a blog post that they have more than 158,000 “satisfied” Go & Grow investors. And there’s a solid reason why it’s… Read More

January 20, 2022 @ 11:29 am By JD Alois  |  

Invesdor, an online capital formation platform empowering retail investors to participate in private securities offerings, is reporting its largest crowdfunding round ever. According to an email, Singa, a karaoke startup, has raised over €2.75 Million. The securities offering is still live and open to investors… Read More

January 19, 2022 @ 11:26 am By Omar Faridi  |  

EstateGuru notes that 2021 ended “strongly” for their platform, with their investors financing €18.6M worth of loans in December 2021. As mentioned in the update from EstateGuru, the total funded amount for the year was €2028M. In December, Estonia, Lithuania and Germany all “contributed over… Read More

January 5, 2022 @ 4:27 pm By Omar Faridi  |  

Finland’s card-as-a-service (CaaS) platform Enfuce, which recently finalized a €45 million Series C round, notes that client expectations and competition in the banking sector are “getting tougher all the time.” Denise Johansson, Co-Founder, Chief Commercial Officer & Deputy CEO at Enfuce, writes in a blog… Read More

January 1, 2022 @ 10:19 pm By Omar Faridi  |  

The team at European lender Bondora notes that 2021 was another “unexpected” year as they’ve learned to “adapt to a new normal.” But from change “comes growth,” Bondora writes in a blog post while adding that they’d like to take the a moment to highlight… Read More

December 27, 2021 @ 11:28 am By Omar Faridi  |  

Return rates for 2021 Bondora originations continue to “perform well” in November, as they did in October of this year. Spanish originations kept rising above the target rate for 2021, along with other rates for the past couple of years. Overall, it was “a steady… Read More

December 26, 2021 @ 1:17 pm By Omar Faridi  |  

The team at European online lender EstateGuru notes that during 2021, they have primarily focused on developing their loan origination tech and hiring new loan managers and credit analysts. This has helped them to support the relatively high volume of loan projects while maintaining a… Read More

December 6, 2021 @ 8:26 am By Omar Faridi  |  

Finland’s Card-as-a-Service (CaaS) platform Enfuce has finalized a €45 million Series C round that has been led by global growth investor Vitruvian Partners. Established in Finland, Enfuce has expanded its geographic presence in Germany and France and has more than 13 million active card users… Read More

November 22, 2021 @ 3:43 pm By Omar Faridi  |  

European P2P lender Bondora notes that after a “booming” September, where the platform managed to recover over €2.3 million in missed payments, these figures “subsided” during the month of October 2021. As mentioned in a report from Bondora, there was a total of €977,354 that… Read More

November 14, 2021 @ 10:57 am By Omar Faridi  |  

EstateGuru, an online investment marketplace that matches borrowers to investors with secured debt securities, notes that in October 2021, their investors financed a total of 104 loans, “valued at €16.9M.” Germany, which is EstateGuru’s largest market, “contributed €4.1M, while the largest volume was in Estonia (€6.1M),”… Read More

October 25, 2021 @ 9:05 am By Omar Faridi  |  

EstateGuru, a property-backed loan marketplace catering to retail investors, notes that in September 2021, they came very close to “breaking the record set in March 2021, financing 95 loans worth a total of €21.2 million.” The team at EstateGuru writes in a blog post that… Read More

October 25, 2021 @ 7:38 am By Omar Faridi  |  

After a “positive jump” in the Bondora portfolio during the month of August 2021, originations had slightly lower return rates “as a whole in September.” European P2P lender Bondora also mentioned that originations still “show good returns when compared to their target rates.” Here are… Read More

September 27, 2021 @ 9:52 am By Omar Faridi  |  

European P2P lending platform Bondora reveals that the number of loans recovered and the amount of cash recovered from missed or skipped payments “jumped higher in August.” This is the opposite of the trend observed in the month of July 2021, which saw these two… Read More

September 27, 2021 @ 8:44 am By JD Alois  |  

EstateGuru, a property-backed loan marketplace catering to retail investors, has distributed an update on progress in Finland. In 2020, Estate Guru, which is based in Tallinn, entered Finland as a market expansion. At that time, EstateGuru said it had been actively talking to Finnish entrepreneurs since… Read More

September 20, 2021 @ 8:02 am By Omar Faridi  |  

In August 2021, investors remained quite active on European online investment platform EstateGuru and financed a total of €17.0M worth of loans (84 loans). As expected, the top-performing markets on EstateGuru this past month were Estonia and Germany, with loan volumes of €5.3M and €6.9M,… Read More