Tagged: twino

September 2, 2021 @ 8:42 am By JD Alois  |  

As was previously reported, TWINO, a peer to peer lending marketplace for consumer loans, has been approved by the Latvian Financial and Capital Market Commission (FCMC) to operate as an Investment Brokerage. TWINO has now shared some additional information as to how it will operate… Read More

August 16, 2021 @ 10:13 am By JD Alois  |  

TWINO, an online lending marketplace based in Latvia, is reporting a record profit of €7.4 million on revenue of €61.6 million. The profit was an increase of 28% versus the year prior while top-line revenue increased by 30% year over year. Anastasija Oļeiņika, CEO of… Read More

January 19, 2021 @ 8:41 am By JD Alois  |  

TWINO, a Latvia based peer to peer lender, is reporting €5.8 million in net profit for 2019. According to the company, TWINO Group earned €8.3 million in net income or a net profit of € 5.8 million “enhanced” by € 2.5 million  in “other comprehensive… Read More

May 21, 2020 @ 10:33 am By JD Alois  |  

The Alternative Financial Services Association of Latvia has published Latvia’s Crowdfunding Industry Guidelines. The association seeks to provide industry rules to foster a transparent and sustainable sector of finance. Twino, a well-established peer to peer investment platform, is the first crowdfunding operator to adhere to the… Read More

May 6, 2020 @ 10:12 am By JD Alois  |  

  Peer to peer lender Twino has announced a new social investment instrument engendered by the COVID-19 pandemic. The Riga based Fintech said the first social project will be in collaboration with Latvia’s Children’s Clinical University Hospital (CCUH), to facilitate convenient and safe remote consultations for… Read More

April 7, 2020 @ 9:00 am By JD Alois  |  

Peer to peer lending platform TWINO is the latest online lender planning to expand its portfolio of services offered to its customers. According to a release, TWINO has applied for an investment brokerage license in Latvia. It was not immediately clear which additional services the… Read More

March 20, 2020 @ 10:05 am By JD Alois  |  

Twino, a European peer to peer lender, has announced the launch of “Twino ventures” an offering that is said to provide high yield, secured loans. In a release, Twino said the loans will allow investors to participate in real estate projects “carefully selected by a… Read More

February 5, 2020 @ 9:11 am By JD Alois  |  

Twino and Via SMS, two Latvia based online lending platforms, are joining forces to enter the Asia-Pacific market, according to a release. The two companies are launching a consumer lending platform names Vamo in Vietnam as their first step in the new venture. The two… Read More

November 20, 2019 @ 3:00 am By JD Alois  |  

TWINO Group, a European peer to peer lending platform, has topped €1 billion in originated loans, according to a company release. Launched in Latvia in 2009, TWINO reports half of the billion Euros in lending has been issued in the past three years as the… Read More

August 24, 2017 @ 2:30 pm By Samantha Hurst  |  

Latvian peer-to-peer lending platform TWINO has reportedly added a second Russian originator to its platform since its December 2016 launch. According to P2P Finance News, over 40% of TWINO’s investors have funded Russian loans. While sharing more details about its Russian expansion,  Jevgenijs Kazanins, P2P… Read More

May 19, 2017 @ 3:15 pm By Therese Torris  |  

Twino, one of the leading Baltic lending marketplace, has produced in conjunction with KPMG Baltics a report called Alternative Lending Index which assesses the potential of alternative finance in 23 European countries based on a set of economic credit data. While the report does not… Read More

April 7, 2017 @ 4:23 pm By Therese Torris  |  

  Jevgenijs Kazanins of Twino introduces the Baltic tech scene at EXEC Fintech in Berlin Those familiar with the European fintech sector may have wondered for some time about why the Baltic States, which are among the smallest countries of Europe, are producing so many… Read More

December 20, 2016 @ 12:01 pm By JD Alois  |  

KPMG, along with AltFi data, has published a new report on alternative lending in Europe. KPMG also sourced data from the most recent Cambridge Centre for Alternative Finance report. The document, entitled Alternative Lending Market Trends in Continental Europe 2016, provides an interesting snapshot of… Read More

September 15, 2016 @ 8:04 am By JD Alois  |  

  TWINO Group, a European consumer lender, has announced that it has reached a new funding milestone of €300 million in issued loans. TWINO also operates a peer to peer lending platform that has funded approximately €50 million in loans.  Interestingly, TWINO points out that 8%… Read More

May 26, 2016 @ 8:39 am By JD Alois  |  

Latvia-based Twino is celebrating its one year anniversary.  After 12 months of operation, the peer to peer lending platform states it has originated over €22 million in loans.  Twino says their rapid growth makes them the “fastest growing platform in Europe.  Investors have earned approximately €325,000 in… Read More

February 13, 2016 @ 3:53 pm By Therese Torris  |  

The FinovateEurope conference closed its doors on February 10th in London after two days packed with company pitches, demos, and networking. It was the biggest FinovateEurope since Finovate launched its first London event in 2010. Some 72 FinTech companies submitted their product and service innovations… Read More

February 10, 2016 @ 11:30 am By Therese Torris  |  

Today at Finovate Europe in London, quite a few attendees were startled to hear Jevhenijs Kazanis, Twino’s CEO, confidently assert: “Twino will buy back any non performing loan after a 30 day period of delinquency.” How could that work? Many wondered. It was already startling… Read More

November 20, 2015 @ 3:28 pm By Samantha Hurst  |  

TWINO, a Latvian marketplace lender, announced this week that exactly one month since its launch, €c1 million was invested in the loans from Poland, Denmark and Georgia. The platform revealed that the total investment volume reached €2.4 million, with the monthly run rate surpassing €1 million… Read More

October 23, 2015 @ 1:42 pm By Therese Torris  |  

Part II: Seen & Heard at Lendit Europe If you missed attending Lendit Europe, you missed a great event. You can catch up on a selection of presentations on Lendit . For short skimming, we’ve selected a few thought-provoking quotes from day 2. You may also… Read More

October 21, 2015 @ 11:03 am By Samantha Hurst  |  

Latvian-based marketplace lender, Twino, which opened in May of this year and had just reached one million euros of investment, announced this month that it is launching an expansion throughout Europe into markets that are new for the P2P industry. Now, Twino investors will have… Read More