Tagged: online investing

February 11, 2023 @ 10:23 am By Omar Faridi  |  

Investment platform Robocash has announced that new rates “will apply to loans from 91 days to 3 years.” As most businesses of Robocash Group have currently achieved self-sustaining state, they are reportedly “reducing interest rates on several loan terms and do not plan to increase… Read More

January 23, 2023 @ 12:32 pm By Omar Faridi  |  

Eleving Group has shared its operational and financial updates. Eleving Group continues “to reduce its portfolio exposure in Belarus.” The portfolio “has substantially decreased during last year and continues to further amortize.” The impact of the portfolio reduction “has been minimal on the Group’s financials…. Read More

January 12, 2023 @ 9:57 am By Omar Faridi  |  

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

January 12, 2023 @ 8:54 am By Omar Faridi  |  

The team at Debitum notes that the last month of 2022 “has brought positive and growing results for Debitum platform.” In December 2022, Debitum Asset-Backed Security offer “increased to 12 – TRIPLE DRAGON had 25 underlying assets in 5 ABSs, FLEXIDEA had 2 ABSs with… Read More

December 31, 2022 @ 2:48 pm By Omar Faridi  |  

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

December 29, 2022 @ 8:28 am By Omar Faridi  |  

The month of November has passed under the Triple Dragon birthday anniversary sign – with many offers from Debitum‘s Loan Originators and increased activity from the investors’ side. On the 1st of December 2022, Debitum Asset-Backed Security offer “was 11, TRIPLE DRAGON had 25 underlying… Read More

December 27, 2022 @ 3:27 pm By Omar Faridi  |  

PeerBerry moves to the new year with a “solid” portfolio – the current portfolio of investments in the platform “exceeded EUR 100 million.” This year, PeerBerry’s investors have already “funded over EUR 500 million of loans listed on the platform.” On average, PeerBerry investors “invest… Read More

December 21, 2022 @ 11:57 pm By Omar Faridi  |  

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

December 8, 2022 @ 11:36 pm By Omar Faridi  |  

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

December 6, 2022 @ 7:20 pm By Omar Faridi  |  

The New Year holidays are rapidly approaching. While you are making a gift shopping list, investment platform Robo.cash shares the key results from November. As noted in the update from Robocash, investors “bought loans in the record amount of 21M euro.” 696 P2P enthusiasts reportedly… Read More

November 29, 2022 @ 11:47 pm By Omar Faridi  |  

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

November 22, 2022 @ 11:27 pm By Omar Faridi  |  

On  November 9, 2022, Bondora had their latest live Q&A session for 2022. It’s become somewhat of a tradition that connects clients, Bondora’s investors, “directly to Pärtel Tomberg, the CEO and Founder of Bondora.” Bondora‘s CEO has shared more about how the platform is doing… Read More

November 22, 2022 @ 11:17 pm By Omar Faridi  |  

Interest is both “the cost of borrowing money for a borrower and the compensation of lending money for a lender,” the team at October notes in a recent update. As a lending platform, October explains they are “right in the middle and connect borrowers to… Read More

November 22, 2022 @ 9:51 am By Omar Faridi  |  

The team at Mintos is pleased to confirm that they’ve reached a new milestone of 500 000 registered users on their investment platform. Over the course of 2022, Mintos claims it experienced “a steady growth in registrations, with an average of 4372 users joining each… Read More

November 22, 2022 @ 8:04 am By Omar Faridi  |  

Alternative investment platform PeerBerry business partners are repaying EUR 1.8 million of war-affected loans. In 9 months of the war, under the Group guarantee mechanism, PeerBerry business partners have already repaid “over EUR 27.02 million, or 54% of the total war-affected obligations towards PeerBerry investors.”… Read More

November 22, 2022 @ 8:02 am By Omar Faridi  |  

At the beginning of November 2022, Debitum Asset-Backed Security offer was 5, TRIPLE DRAGON had 10 underlying assets in 2 ABSs, FLEXIDEA had 1 ABSs with 5 business loans and EVERGREEN CAPITAL had 44 underlying assets in 2 ABSs. At the end of October 2022,… Read More

November 19, 2022 @ 12:20 pm By Omar Faridi  |  

Since March of this year, the share of investments in long-term loans on the Robocash platform has “been increasing,” the company claims. Along with this, the investor earnings are also growing, the team at Robocash reveals in a blog post. Robo.cash added that for the… Read More

October 12, 2022 @ 9:27 pm By Omar Faridi  |  

The team at Bondora is pleased to announce that borrowers in the Netherlands can now access their online and convenient financial services. By expanding to more countries, Bondora claims it can “help empower more people to live the lives they want with less financial stress.”… Read More

October 10, 2022 @ 11:47 pm By Omar Faridi  |  

In the latest Insight update from Mintos, Martins Sulte, the platform’s CEO and Co-Founder of Mintos, comments on the last quarter on Mintos and provides a “sneak peek” at what you can expect in the following months. As mentioned in a blog post by Mintos,… Read More

September 7, 2022 @ 7:41 am By Omar Faridi  |  

The team at Mintos has shared key insights, as part of their monthly publication that summarizes what’s been happening on the platform, including broader market activities. As noted in the update from Mintos, energy prices, inflation, and interest rates “continued to dominate the global investment… Read More