Tagged: vilnius

Mindaugas Mikalajūnas, CEO at SME Finance: Industry Exec Explains How Fintech Can Enhance SME Sector 

We recently spoke with Mindaugas Mikalajūnas, Cо-Founder and CEO of SME Finance, a Vilnius-based Fintech reinventing growth financing for small and medium enterprises (SMEs) across Europe. SME Finance aims to fill a gap left by risk-averse banks and high-cost alternative lenders. Led by Mikalajūnas with… Read More

Spend Management Fintech Payhawk Launches Operations in Lithuania

Payhawk, a global spend management solution, has launched in Lithuania and opened a local office in Vilnius. Having recently obtained an Electronic Money Institution (EMI) license from the Bank of Lithuania, the company is looking “to hire a team of finance professionals that will help… 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

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

PeerBerry Loan Portfolio Grew 177% YoY, Exceeding €85.43M at End of 2021

2021 was the year of considerable growth for PeerBerry, the company claims. The platform has “almost tripled within the previous year.” PeerBerry’s loan portfolio “grew 2,77 times or 177% exceeding EUR 85,43 million at the end of the year 2021.” Last year, through the PeerBerry… 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

PeerBerry Partner Lithome, a Real Estate Developer, Closes Project “Aurea Home” in Center of Vilnius

PeerBerry’s business partner – real estate developer Lithome – successfully “closed the real estate project ‘Aurea Home’ in the center of Vilnius, the capital of Lithuania.” The real estate loan of EUR 1 million, “plus an interest rate of EUR 91 647 (total amount of… Read More

The SIB Group Repays €2M Loan and Reportedly Paid €199,746 Interest to PeerBerry Investors

PeerBerry business partner – real estate developer SIB Group – has “successfully closed the real estate project “Bukčiai” in Vilnius, the capital of Lithuania.” The real estate loan of €2 million plus interest rate €199,746 (total amount €2,199,746) was “repaid to PeerBerry investors on March… Read More

Nordstreet, a Firm that’s Democratizing Business Loan Financing, Acquires €309,926 via Seedrs

Nordstreet, a firm focused on democratizing the business loan financing “one successful project at a time,” has raised 103% (€309,926) of its €300,001 fundraising target via Seedrs from 119 investors with 27 days left in the company’s crowdfunding campaign. Here are the business overview/highlights shared… Read More

The SIB Group Project Contributed €68,803 to PeerBerry Investors

PeerBerry business partner – real estate developer SIB Group – has successfully finalized the apartment building project “Skvero namai” in the center of Vilnius, the capital of Lithuania. The real estate loan of €1 million (the total amount with interest rate €1,068 803) was repaid… Read More

European P2P Lender Mintos Reports Over €10M in 2020 Revenue, Almost an 11% YoY Growth, €1.9M+ in Losses

Peer to peer lender Mintos has shared the audited Mintos Holdings Consolidated report for 2020, which is a document “encompassing the whole group’s activities, including AS Mintos Marketplace.” As noted by Mintos, in their report, investors and stakeholders will be able to access relevant information… Read More

Lithuanian United Colors of Benetton Now Accepting Cryptocurrencies via CopPay: Fashion Forward

Progressive fashion line United Colors of Benetton in Lithuania has officially started accepting cryptocurrencies via CopPay, a Lithuanian-based multiсryptocurrency payment platform for businesses, consumers and community. CopPay’s international payment processing system aims to help store owners avoid losses due to the volatility of the exchange rate… Read More

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