ViaInvest plans to launch new funding merchandise subsequent 12 months because it prepares for accelerated progress.
The European peer-to-peer lending market mentioned that it’s ending 2023 with its largest funding portfolio up to now, and its largest ever neighborhood of buyers.
In a be aware to buyers, Eduards Lapkovskis, chairman of the ViaInvest board, mentioned that the platform has securitised and funded greater than €105m (£90.7m) of client loans up to now, and has paid out €2.4m in curiosity for investments in securities. By the top of 2023, the platform’s complete portfolio was near €30m.
“As we’re about to enter 2024, we’re stronger than ever, with our largest funding portfolio up to now and, extra importantly, our largest ever neighborhood of buyers who’ve chosen us as their trusted funding associate,” mentioned Lapkovskis.
Learn extra: ViaInvest provides new securities to its portfolio
“Because the business evolves and matures, we at ViaInvest are dedicated to remaining amongst leaders in adapting to those adjustments.
“Within the coming 12 months, we are going to concentrate on bettering the investing expertise on our platform and introducing new funding merchandise. We’ll talk extra concerning the updates later subsequent 12 months.”
Lapkovskis added an replace for buyers in mortgage product investments – often called cessions – which have been made earlier than 2 August 2022.
“This 12 months, we have been in a position to facilitate the complete compensation of cession investments within the Czech Republic, Romania, Poland, and Sweden,” he mentioned.
Learn extra: P2P lenders go away Poland forward of recent guidelines
“Whereas solely 15 per cent of what was initially invested in Latvia stays, it nonetheless suggests that it’s going to not be totally repaid by the top of this 12 months.
“We anticipate that the remaining quantity will probably be repaid regularly over the subsequent 4 to 6 months, with sooner compensation potential, nonetheless, to remain clear with our buyers, this time period ought to be thought of the most probably situation.”
Learn extra: ViaInvest funds €7.3m in August loans