TWINO offers the investors an opportunity to earn premium returns by investing into consumer loans from Poland, Denmark and Georgia, while covering both the currency and the default risk with the BuyBack Guarantee. Thus, all loans are prefunded, listed in euro and are bought back from the investors in case of 30 day non-payment by the borrower. Premium return combined with the currency and default risk coverage fueled in the impressive growth of the platform, making it the fast growing platform in Europe: thus, in less than a year since the launch, over EUR 9,500,000 was invested through the platform, with the monthly run rate surpassing EUR 3,000,000 (as of February 19, 2016). The ability to provide risk coverage to investors is the result of TWINO's parent company, FinaBay Group, experience. Thus, FinaBay, operating as a balance sheet lender, has been successfully lending since 2009 and has originated over EUR 200 million in loans.
Name CEO: Jevgenijs Kazanins
Founded in: 2015
Category: Alternative Finance
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