Home Peer to Peer Lending Impressions From the Finfellas Riga Convention

Impressions From the Finfellas Riga Convention

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Impressions From the Finfellas Riga Convention

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From Tuesday until Friday I used to be in Riga for the Finfellas Riga Convention. I spent the day earlier than the convention in scheduled conferences on the workplaces of a number of platforms to replace me on present information and communicate with platform managers. A preparty within the night allowed to “heat up” and trade information, concepts and gossip. The convention itself began on Thursday. Many of the Baltic platforms had been current. Complete attendance I might estimate about 250 to 300 individuals consisting of representatives for platforms, mortgage originators, service suppliers (e.g. authorized, funds, …), monetary establishments, regulators, buyers and bloggers.   The convention was very properly organized and featured panel discussions, displays and demos over the 2 days in addition to an exhibition space with platform cubicles. The most effective half as at all times for me was the networking alternative.

panel discussion riga conference

As a number of platforms have acquired licenses by the regulator in the meantime, one of many major matter was the maturing of the trade and the benefits that include regulation (e.g. diminished counterparty threat, and higher matching to suited investor as a consequence of required suitability checks).

The development to simplified product choice (one click on investing, autoinvest, streamlined UIs) continues .

riga conference exhibition space

The general temper was assured and optimistic after having navigated two black swan occasions (pandemic & Russian invasion of Ukraine) within the latest previous.

riga conference presentation

Assuming the convention will likely be held subsequent 12 months in Riga once more: See you all there!

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