Tagged: investments

September 5, 2022 @ 2:17 am By Omar Faridi  |  

After months of investments tumbling in a downward trend, July seemed “to mark a positive turning point for global markets,” according to an update from PensionBee. In fact, China was “the only leading stock market to fall in value.” This brief rebound had “created speculation… Read More

September 5, 2022 @ 12:53 am By Omar Faridi  |  

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

September 4, 2022 @ 8:21 pm By Omar Faridi  |  

PeerBerry starts a new month with a solid portfolio of EUR 93 million. Over EUR 45 million of loans have been funded “on the PeerBerry platform in August, i.e., a 17% higher amount compared to the previous month.” 1152 new investors “have joined the PeerBerry… Read More

September 2, 2022 @ 12:06 pm By Omar Faridi  |  

August was marked by growing investor activity and “big changes.” according to an update from Robo.cash. Robocash revealed that loans worth €17 million were purchased last month. And 640 investors “registered on the platform, which is 14% more than in previous months.” Robo.cash investors earned €610,000,… Read More

August 30, 2022 @ 10:33 pm By Omar Faridi  |  

Truist Wealth has expanded its digital investment offerings with Truist Invest, a robo advisor, and Truist Invest Pro, a hybrid investing solution that “combines automated investing with access to a team of financial advisors.” Joseph M. Thompson, chief wealth officer at Truist, said: “Digital investing… Read More

August 30, 2022 @ 1:14 am By Omar Faridi  |  

Bondora is a global financial platform “providing mutually beneficial solutions for investors and borrowers.” Since 2008, Bondora’s investor base has reportedly “grown to over 200,000 customers who have invested more than €650 million and earned over €80 million to build their financial wealth.” They’re honored… Read More

August 28, 2022 @ 7:01 pm By Omar Faridi  |  

In the recent update about Loan Originator’s Chain Finance borrower and its war-affected assets in Ukraine, Debitum has commented on the status of repayments for June, plans regarding investments, and shared other details about business operations. Debitum has now shared the latest information and data… Read More

August 28, 2022 @ 6:58 pm By Omar Faridi  |  

Fintech company DongPlus launched by Aventus Group in Vietnam in 2021 joins the PeerBerry platform. DongPlus will “offer PeerBerry investors to invest in short-term loans with a 12% annual return.” Vietnamese loans are “backed by a buyback and a group guarantee.” Arūnas Lekavičius, CEO of… Read More

August 22, 2022 @ 1:07 am By Omar Faridi  |  

Vyzer, an Israeli-based Fintech consumer-focused startup, joined forces with Salt Edge, a key player in offering open banking solutions, “to enable high net worth investors to instantly connect and sync their European bank accounts, offering a comprehensive analysis of investment performance and fully digital cashflow… Read More

August 21, 2022 @ 10:51 pm By Omar Faridi  |  

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

August 21, 2022 @ 9:56 pm By Omar Faridi  |  

PeerBerry partners continue regular repayments of “war-affected” loans. The repayment of over EUR 1.4 million of war-affected loans was reportedly completed on August 17, 2022. EUR 1.2 million is “dedicated to repaying war-affected Ukrainian and Russian short-term loans,” the team at PeerBerry revealed. The also… Read More

August 17, 2022 @ 9:47 pm By Omar Faridi  |  

SmartCrowd Holdings, a firm focused on fractional real estate investments, has been issued a Fintech experimental license by the Saudi Capital Markets Authority (CMA). SmartCrowd is now focused on following through with business requirements for the launch of its Real Estate Funds Distribution Platform, making… Read More

August 17, 2022 @ 10:57 am By Omar Faridi  |  

Robo.cash notes that since the beginning of 2022, P2P investments have increased their share in investor portfolios (considerably more than other assets). At the same time, when planning their future expenses, investors still “trust stocks more,” the team at Robocash wrote in a blog post…. Read More

August 14, 2022 @ 11:47 pm By Omar Faridi  |  

Bondora reports that loan origination and investments showed a “solid increase” to €15,333,326 in July. This rebound in statistics was “expected after the slow summer decreases in June.” Bondora also noted that the collection and recovery statistics grew, “exceeding €1 million.” In July, Bonodra welcomed… Read More

August 9, 2022 @ 12:32 am By Omar Faridi  |  

PeerBerry’s business partner – real estate developer SIB Group – has successfully “closed the residential building project Mo Garden in Vilnius,” the capital of Lithuania. The real estate loan of EUR 1 million, “plus an interest rate of EUR 105 438 (total amount of EUR… Read More

August 8, 2022 @ 7:59 pm By Omar Faridi  |  

  Last week, it was widely reported that Coinbase (NASDAQ:COIN) was selected by BlackRock “to provide Aladdin clients access to crypto trading and custody via Coinbase Prime.” Coinbase and BlackRock will “create new access points for institutional crypto adoption by connecting Coinbase Prime and Aladdin.”… Read More

August 8, 2022 @ 8:52 am By Omar Faridi  |  

Mintos Insight, a monthly publication that covers what’s been happening on the Mintos platform, including wider market activity, educational topics, and other updates, has been released. As mentioned in the report, the Fintech sector has already “staked its place in the finance industry, but its… Read More

August 1, 2022 @ 10:47 pm By Omar Faridi  |  

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

August 1, 2022 @ 9:00 am By Omar Faridi  |  

The volume of P2P funding decreased from 511 million Euros in May 2022 to 447 million euros in June 2022, i.e. by 13%, according to an update shared by Robo.cash. The fourth quarter of 2021 “saw significant growth in P2P lending, but so far in… Read More

July 30, 2022 @ 11:24 am By Omar Faridi  |  

eToro, the social investment network, announced that it has registered with the Italian regulator Organismo Agenti e Mediatori (OAM), becoming the latest investment platform to “join the registry of crypto-asset providers in Italy.” This demonstrates eToro’s commitment “to working hand in hand with regulatory authorities… Read More