The last month of 2020 has begun and I hope that you are already excited about the holidays. With December being a shorter month when it comes to business days, everyone here at TWINO is doing their best to conclude the year as a success.

TWINO Group’s activities

  • Speaking of success – November brought us great investment growth volumes with € 12.6 million worth of loans financed on our platform, making it our best month since March. Thank you for putting your trust in TWINO by increasing your investments!
  • At the end of October, I shared with you that TWINO has opened a new bank account with Baltic International Bank (BIB) to improve transaction processing. BIB has proven to be a good fit for us, and we have decided to move all EUR currency transactions solely to this bank. For those of you funding your TWINO accounts via our Swedbank account – please note that the Swedbank account will be deactivated as of December 30th, 2020. The new bank details are available on our Deposit funds page.
  • Many of you have requested this and we have listened – in a few weeks we will launch a new secondary market where you will be able to sell your investments with a discount or markup. In preparation for the changes, we have already divided investments into shares on the Individual Investments page. This means that an investment in 1 loan can be displayed as several loan shares if several parties have been involved (ex: some part of the loan is bought from TWINO, some is resold by another investor). More information will follow.
  • TWINO Group CEO Anastasija Oleinika met up (virtually) with finance and P2P blogger Denny Neidhard from Re:Think P2P-Kredite to discuss TWINO financials and profitability, investment brokerage company license, Covid-19 impact on business operations, and other important matters. Watch the interview to find out more.
  • As promised before, Vol. 1 and Vol. 2 of the TWINO investor survey results are published! I’m happy to share that more than 80% of investors are confident in the way they are managing their investments on TWINO. A more detailed overview of the survey results will be published on our blog next week.
  • We are moving to a new office soon (of course, when it’s safe to meet once again)! The legal address of our headquarters in Latvia is changing to Dzirnavu street 42, Riga, LV-1010, which will also be the location of our physical office when we move to the new premises.
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Roberts Lasovskis

Chairman of the Management Board of AS TWINO Investments

Roberts is leading the growth, strategic development, and innovation of the company. He has been leading the TWINO investment platform for 4 years and under his leadership, it has become a leading industry player in continental Europe and a licensed investment brokerage company.

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