NEW MILESTONE REACHED
- September turned out to be a monumental month for TWINO. I am honored to share a milestone TWINO Group reached at the very end of the previous month – more than EUR 1 billion of loans issued since the start of the company’s lending operations back in 2009.
We are continuously working on upgrading our existing products and introducing new financial products with the latest being SME (Small-to-Medium Enterprise) lending in Latvia this summer. This milestone comes as a result of our never-ending effort to bring innovations to our target markets. Moreover, we believe that growth is best represented in numbers and according to those our momentum is as good as ever – €500 million were issued in just the last 3 years, which is more than twice as quickly as it took us the first time. This would not be possible without you, our investors, as already EUR 560 million have been financed through TWINO Investment Platform. Thank you for your trust, loyalty and feedback, it constantly motivates and encourages us to work on finding new investment opportunities for you!
HIGHLIGHTS OF SEPTEMBER AND PLANS FOR OCTOBER
- Changes in the investment structure for the Russian loan originators have been implemented. Now you can invest in loans issued by TWINO (instead of TWINO FINANCE as until now) to Russian loan originator that gives you the exposure to the end borrower’s loan. The changes are introduced to further optimize our product profitability. The new user agreement is also into effect since, as communicated previously, this has been done to better define our Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) best practices.
- TWINO Group’s recently appointed CEO Anastasija Oleinika took part in Innovation and Technology conference iNOVUSS to share her views on financial sector development together with bank and FinTech representatives. You will be able to read her takeaways from the event alongside other industry related topics in TWINO Blog, which will be launched in the following weeks