We are excited to announce that today we have launched the long-awaited asset-backed securities on the TWINO platform.

The first Security, which is based on individual business loans issued to TWINCARD SP. Z.O.O., a loan originator in Poland, has now been launched on the platform. The term of the Security is 3-12 months and can be extended for a maximum of 3 times for a 3-month period each time. The return on this Security is a fixed annual rate of 12%, which is applied to the invested amount. These Securities have monthly interest payments with principal repayment at the end of the term. The interest will start accruing from the day of the issuance of the Security, which is the following day after an investment is made.

The new product is accompanied with a variety of documents, including the Base Prospectus and Key Information Document. Additionally, the Final Terms, indicating detailed characteristics of the Security, will be provided. All of these documents provide the highest level of transparency and therefore, allow you to make well-informed investment decisions. We will not charge any fees in relation to investing in the product or selling it to other investors. We will, however, be withholding tax on the profits that you obtain from Securities – you can read more about it here. If you still have not submitted your tax residence certificate, we kindly urge you to do so at your earliest convenience to avoid double-taxation on your profits.