Here’s the deal – a lot has happened in August. TWINO marked a significant milestone by launching a new investment product that introduced equity investments on our platform. But we continued working diligently to present you even more new investment opportunities!
August by the numbers:
First Real estate securities listing is fully funded 🎉 Our first listing, a prime 3-room apartment with views of Old Town Riga and the river Daugava, located in Riga’s historic center, Klīversala, has been fully funded! Currently, the issuance of securities is in progress. Stay tuned for the next apartment coming soon on our platform!
If you have any questions on how the new product works or its specifics, you can find more information here:
Our blog on RE securities with Q&A
Or feel free to reach out to our Customer Relations team.
TWINO receives passporting approval in 11 countries. We’re thrilled to share that we’ve secured passporting approval in Austria, Belgium, Czech Republic, Germany, Estonia, Spain, France, Italy, Lithuania, Netherlands, and Portugal with other countries on the pipeline. This enables us to seamlessly operate across these EU countries, unlocking new cross-border possibilities for TWINO and growing our investor community.
The EU’s passporting framework facilitates seamless cross-border activities for investment service providers across EEA. This framework stands as a foundational element of the EU’s unified financial services market. Predicated on consistent standards, this mechanism recognizes investment firms authorized in any EU country as if they were locally authorized, enhancing trust, transparency, and investor protection.
The passporting system is reinforced by a very high level of regulatory cooperation between national supervisory authorities within the EU.
New Loan Securities offering. TWINO Group expands to the Philippines, thus, earlier this week VAMO Philippines loan securities were added to our investment offering.
Key characteristics of the new offering:
- Country: The Philippines
- Interest rate: 8 – 14% p.a.
- Term: 3 – 36 months
Don’t miss out on a chance to expand your investments to this new market and make sure you have selected the Philippines in your Auto-Invest portfolios country filter. Learn more about the Philippines launch and the business potential here.
Update on Russian loans. Please see the latest summary of war-affected loans below:
