Home Peer to Peer Lending Viainvest funds €67.6m of asset-backed securities in 12 months since transition

Viainvest funds €67.6m of asset-backed securities in 12 months since transition

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Viainvest funds €67.6m of asset-backed securities in 12 months since transition

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Viainvest has funded €67.6m (£58.3m) of asset-backed securities and paid out €1.45m in curiosity, since launching the product one 12 months in the past.

The European platform, which connects traders with client loans, stated that its portfolio composition displays “a profitable transition”, with 80 per cent comprising asset-backed securities and 20 per cent comprising different sorts of finance together with enterprise loans.

“Viainvest has proven its potential to evolve and adapt,” it stated.

Learn extra: The seven largest P2P platforms in mainland Europe

The platform expects the rest of its portfolio not invested in asset-backed securities to be repaid by the top of the 12 months.

“Because of our shoppers’ reliance and our workforce’s onerous work, over the previous 12 months, we’ve made nice progress with our new asset-backed securities product and launched new funding companies and instruments,” stated Tatjana Kulapina, board member of Viainvest.

Learn extra: European P2P market demonstrates progress in 2023

“We try to realize extra open communication and make investing simple. Our product helps traders earn fastened earnings via market ups and downs and earn extra over the long run.”

Final month, Viainvest introduced that it had upgraded its auto-invest product, together with pre-defined funding methods, extra information and a redesigned settings web page.

It’s now providing ‘lively’ and ‘diversified’ automated methods to all shoppers who’ve accomplished a product suitability evaluation and have automated investments out there.



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