Tagged: twino

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

September 10, 2015 @ 9:44 am By Samantha Hurst  |  

On Thursday, new lending marketplace, Twino, announced that it has seen €500,000 euros invested in its first four months of operation. Head of Marketing at Twino, Ieva Ozoliņa-Bērziņa, declared: “Twino’s observations show that the Latvian population’s creditworthiness is stable, as also demonstrated by studies carried out by… Read More

August 19, 2015 @ 10:55 am By JD Alois  |  

Latvia-based peer to peer lending platform Twino has reaffirmed its push to offer investors a unique buyback guarantee.  Twino states it is the only European direct lender to offer such assurance. Part of parent company FinaBay, the Twino states it has 7 years of online lending experience and… Read More

July 15, 2015 @ 7:47 am By JD Alois  |  

Twino, a new peer to peer lending platform based in Latvia, has added a new twist to the direct lending equation. According to the company, Twino will buy out loans if they are more than 60 days overdue.  While there are multiple direct lenders that… Read More