Twino has launched an open banking resolution on its platform that it says will allow its prospects to make deposits in a extra environment friendly and safe approach.
The brand new performance is powered in collaboration with its associate Ecommpay.
“This characteristic allows you to make deposits in a extra environment friendly, simpler, and safe approach, contributing considerably to the enhancement of the general person expertise on Twino,” the European peer-to-peer lending platform mentioned.
“Your comfort and safety are on the forefront of our efforts and we’re assured that this new resolution delivers precisely that.”
Learn extra: Twino receives passporting approval in 11 nations
Twino additionally unveiled one other change to its platform to enhance person expertise. It has eliminated the Authorized Entity Identifier (LEI) code prerequisite for authorized entities.
“This adjustment streamlines the registration course of, making it extra simple and handy for authorized entities to interact in funding actions with Twino,” it mentioned. “Importantly, this additionally means there’s no want to increase your present LEI code to proceed investing with us.”
Learn extra: Twino adjustments Polish mortgage phrases and charges
The adjustments have been introduced as a part of a November replace revealed on Twino’s web site, which revealed its complete excellent portfolio as of 1 December is €35,178,368 (£30,215,899), and it has 22,361 registered traders.
Learn extra: Twino launches actual property securities