The Latvian-based peer-to-peer lending marketplace that started in and currently has more than investors registered on the platform. At the beginning of , more than million EUR worth of loans were funded on the platform. You can view more statistics about Twino on their website. There are no fees on the platform. Twino, quite rightly, can claim to be one of the pioneers of P2P lending in Europe. Similarly to Mintos, it was founded in Latvia and headquartered in Riga. It was started much earlier, in , and offering mainly small personal loans which were funded by the crowd. Such a offering was innovative at the time. Twino is a well known P2P investment site based in Latvia, with lending subsidiaries in several countries. In the last few years it has regularly won awards. Its management regularly appear in various Fintech conferences and forums. Back in we raised some concerns about Twino. TWINO - Europe's most secure p2p lending marketplace. Earn from 10% on any investment. Roberts is responsible for leading the growth, strategic development and innovation pipeline of TWINO P2P investment platform. Prior becoming the platform lead, Roberts worked in TWINO as Investor Adviser, closely communicating with our investors and working on strategic development.

The latest on the company is good with equity of 15m EUR and cash of 8. To the investor, Twino operates in much the same way as the other platforms.

Loans are originated, divided up by risk and funded by lenders. Both have their own advantages and disadvantages. The important point is that you cannot change the currency of the account.

Loans are simply displayed in your chosen currency there is no way to hold multiple wallets of currency like there is in Mintos. Much like other platforms, you can set-up auto-invest portfolios.

This will automatically place your money with loans with the parameters you supply. This is actually quite simple because information on loans is scant.

We get country, loan duration, interest rate, risk grade and amount, and that is it. There is no information on the final borrower themselves, nor what the purpose of the loan is for.

The risk grades are relevant. There are only three standard grades A, B and C and two additional grades which are covered by buy-backs.

In the case of the latter two, investors get reimbursed if the loan is late or defaults. For the first three grades you are not.

I find the second type of protection scheme offered by the platform pretty interesting because, with the payment guarantee, you will receive the principal amount and the interest following the original repayment schedule.

Hence, the repayment process will continue even if the borrower is late with the payments, and this guarantee is valid until the loan maturity.

So, this would mean that we, as investors, would receive our initial investment plus any agreed interest from loans with this type of guarantee. The platform has made it rather easy for investors to identify the type of protection available on different loans, by assigning the appropriate icon to each loan.

The battle for attracting new investors and borrowers while keeping the risk levels at a satisfactory level has imposed the need for P2P platforms to make a more in-depth analysis of their borrowers.

I like this system because loans available on the platform have their rating, which is based on the internal evaluation of the risks associated with the loan.

Consequently, by knowing the rating scale, you would immediately know the level of risk which is assigned by the platform, and you can find out if you get an interest rate that is relevant for the degree of risk.

Furthermore, loans can be assigned with either A, B or C rating, where loans with A rating have the lowest risk, whereas loans with C rating represent a high-risk investment.

The Alternative Lending Index also called ALI is something that really caught my eye when it comes to the strategic expansion of Twino.

The purpose of these analyses is to rank the countries in accordance with the existing credit gap. Countries with a higher credit gap point toward the possibility that the need for credit can be covered through alternative financing sources such as the P2P.

Twino is not just rushing to expand its operations. Instead, the expansion is based in markets where the demand for P2P loans definitely exists and markets in which investors will have enough investment opportunities.

It really shows the scale of operations. They had a net profit of EUR 9 million in I hope you liked this Twino review. You can sign up for my monthly Stay Focused Email List below and stay updated.

Read more here about this investment opportunity. I'm an investor and the blogger behind My Investment Blog.

Twino is not transparent about the overall financial condition or structure of the Twino group A high percentage of loans default.

Loan types - unsecured personal loans Collaterals - None Protection fund? Our views on Twino. Leave a Reply Cancel reply Your email address will not be published.

Company L account started investing at Twino on 23rd January and had a successfull exit at 8th December Company M account started investing at Twino on 17th January and had a successfulll exit at 8th December For those looking for other similar or even better peer to peer platforms to invest, you may want to read some of my other reviews.

There are many peer to peer lending and investing platforms currently available, and you can diversify your interest income by using several of them simultaneously, just like I do.

Go ahead and post your questions or concerns below! Are you satisfied with the investing experience? I was 20 years old, when I started my first company and just 21 years of age, when I made my first investments.

I was hooked instantly! In this blog I will be documenting my journey towards financial freedom. Where possible it is best to invest in loans originated by companies who can demonstrate a good lending track record, with knowledge of the local market.

Why do you consider loans in Russia and Georgia at higher risk? Loan is not made to a state but to a single borrower and he is considered singularly.

I seem it is the contrary. Or not? Our statement is not a comment on local collection practices and likelihood of repayment.

The thing that most concerns us is potential currency volatility versus the Euro as many P2P lenders do not properly hedge their FX risk and also other factors such as potential for currency controls and other political risks.

Both of these countries have clearly higher risks surrounding these factors than say Latvia or Denmark. The financial statement for the full year of seems to indicate that Twino was able to turn around — there is positive equity, again, and their subsidiaries went from haemorrhaging money to making money.

Hi Rene. Yes results certainly seem to have improved in It seems to be mainly a result of shifting lending operations to higher return, higher risk countries such as Russia and Georgia.

We will certainly keep monitoring Twino.

Only 4. I Twino P2p rather take überweisungslimit Commerzbank closer look at platforms like Mintos and Estateguru. The chart above shows the loan status of Jorin Karner loans, with However it is showing cumulative investments which is Champions League Kostenlos Stream totally irrelevant. Their profit would depend on the skill of which they chose their loan customers: much akin to standard loan companies. There are 5 menus. Wette Bielefeld seem it Kartenspiele Liste the contrary. Becoming a member is very straight forward. This will automatically place your money with loans with the parameters you supply. I hope you liked this Twino review.