Tagged: repayments

PeerBerry Reports that €34.8M of War-Affected Loans Were Repaid to Investors

PeerBerry business partners are “repaying EUR 1.7 million of war-affected loans.” Under the Group guarantee mechanism in 13 months of the war, PeerBerry business partners have already “repaid EUR 34.8 million, or 69,3% of the total war-affected obligations towards PeerBerry investors.” Remember that AutoMoney UA… Read More

Fintech Yapily, Zilch to Bring Affordable Credit Solutions to Consumers

Yapily have agreed to a partnership with payments technology company Zilch that will provide millions of people “with better access to 0% interest swift repayment credit.” The partnership “marks the first time we’ve teamed up with a provider of consumer credit via Buy Now Pay… Read More

Latvia’s Eleving Group Repays All Outstanding Belarus Investments

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

Investment Platform PeerBerry Reports that its Portfolio Exceeded €100M

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

Real Estate Developer SIB Group has Repaid €440,942 to PeerBerry Investors

PeerBerry’s business partner – real estate developer SIB Group – has reportedly “repaid investments into a commercial real estate project – business center K32 located in a prestigious place in Vilnius (Kęstučio str.32), the capital of Lithuania.” K32 is a Class A commercial building that… Read More

PeerBerry Business Partners Repay Over €1.6M of War-Affected Loans

PeerBerry business partners are repaying more than €1.6 million of war-affected loans. As noted in the update from PeerBerry, AutoMoney UA and Slon Credit UA long-term loans are being “repaid under the initial loan schedule.” The last payments of these loans “are being repaid with… Read More

European Financing Platform Debitum Shares Update About War-Affected Assets in Ukraine

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

Alternative Investment Platform PeerBerry Reports Regular Repayments of War-Affected Loans

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

Real Estate Developer SIB Group has Repaid a Loan of $1.1M to PeerBerry Investors

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

Alternative Investment Platform PeerBerry Repaid €1.4M of War-Affected Loans in July 2022

This month PeerBerry repaid more than EUR 1.4 million of “war-affected” loans. As confirmed in a blog post, PeerBerry business partners are “repaying EUR 1,2 million of war-affected Ukrainian and Russian short-term loans.” An additional amount of “up to EUR 200 000 of war-affected real… Read More

PeerBerry Business Partner Litelektra Repays €0.7M Loan to Investors, Paid €35,685 in Interest

On June 22, 2022, PeerBerry’s business partner, renewable energy company Litelektra, “repaid a EUR 0.7 million loan to investors and paid EUR 35,685 in interest.” Currently, PeerBerry investors can “invest in another Litelektra wind farm project available on the PeerBerry platform with a 10% ROI.”… 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

Alternative Investment Platform PeerBerry Reports 16% Increase in Funded Loans Volumes during May 2022

After “very positive” growth in April, in May, the volumes of funded loans on PeerBerry further “grew by 16%.” EUR 38,48 million of loans have been funded on PeerBerry last month. PeerBerry is a marketplace platform where investors can participate in short term, high interest… Read More

Financing Platform Debite Launches to Support UK Startups

Debite, the “dynamic” financing platform for early-stage companies, has announced its UK launch with a mission “to help businesses more effectively manage their cashflow and maximize their growth potential.” Tackling one of the primary reasons why most start-ups fail, Debite’s Buy Now Pay Later model… 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

Real Estate Developer SIB Group Repays €1M Loan, Plus €74,490 Interest to PeerBerry Investors

PeerBerry’s business partner – real estate developer SIB Group – successfully “closed the residential building project ‘Talino’” in Vilnius, the capital of Lithuania. The real estate loan of €1 million, plus an interest rate of €74,490 (total amount of EUR 1 074 490) was reportedly… Read More

Alternative Investment Platform PeerBerry Repays an Additional €0.7M on War-affected Loans

PeerBerry business partners are reportedly repaying an additional €0.7 million on war-affected Ukrainian and Russian short-term loans. After today’s repayment, the total amount of repaid war-affected loans in April “will be €3.64 million (significantly more than the planned amount of EUR 1,3 million at the… 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

Aventus Group Business Operations in Kazakhstan Grew Over 3 Times in 2021

Last year, Aventus Group companies operating in Kazakhstan “issued EUR 41.6 million in loans – 3.4 times more than in 2020.” At the end of 2021, Aventus Group’s total portfolio in Kazakhstan “amounted to EUR 14.2 million (the total portfolio grew 2.8 times compared with… Read More

Mikkel Velin: Co-CEO at YouLend Explains How Revenue based Finance Helps E-Commerce Businesses

We recently connected with Mikkel Velin, Co-CEO, YouLend, which works with digital commerce platforms (inc. eBay and Shopify) in order to offer merchants access to fast and reliable funding. During a discussion with CI,  YouLend‘s management noted that the UK government’s Help to Grow scheme… Read More

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