Dear Investors and Friends,
As we step into a new year, we want to take a moment to reflect on 2024 and thank you for your continued trust and support. Over the past year, we remained focused on stability, delivering consistent performance, and seizing opportunities for growth. With your support, we maintained strong results last year, including:
- € 37M in Loans funded
- € 998K in Rentals funded
- € 3,8M interest earned by investors
- € 35.9M assets under management by the end of 2024
- Loyal community with over 20K registered investors
- 12.24% average interest rate
Additionally, we prioritized key areas to enhance your investing experience on our platform and strengthen our position in the market. We implemented advanced security measures to protect your investments and ensure the safety of your data while upgrading the auto-invest functionality, prioritizing your needs, and delivering a more tailored experience.
2024 marked both progress and realignment. We discontinued offering investments in VAMO Vietnam and the Philippines following the suspension of lending companies’ operations in these markets. Fund recovery from those investments is ongoing. Moving forward, TWINO Group’s strategic focus is to strengthen its presence in stable, regulated markets in Europe, offering investors well-supervised and transparent opportunities.
We celebrated the success of Netcredit Poland (Fincard. Sp. z.o.o.), marked by outstanding achievements, including strong financial results, securing a national payment institution license in Poland, expanding the product portfolio with the launch of Halvo, completing rebranding and new website. These accomplishments set the stage for even greater success in 2025, offering you attractive investment opportunities. Meanwhile, our Rentals portfolio expanded with a new addition of Dainas residential project in Riga.
Reflecting our continued commitment to the Latvian fintech community and to fostering transparency, trust, and investor confidence, we joined the Fintech Latvia Association and established an alliance with five other Latvian investment platforms to collaborate on advancing industry standards, promoting innovation, and strengthening the regional investment ecosystem.
Looking ahead to 2025
We look forward to the opportunities and potential that 2025 brings for TWINO. Our priorities in the near term include completing the TWINO facelift, which will introduce a more intuitive, user-friendly website with enhanced functionality and new features to elevate your investing experience. We are also preparing several initiatives and campaigns to recognize your loyalty and help boost your investments. In addition, alongside industry peers, we are exploring new ways of enhancing investor engagement, fostering educational aspects of investing, and driving shared advancements that benefit the broader investment community.
Thank you, and happy 2025!
