This month, we spoke with Viaconto.se’s Country Manager, Justas Lužeckas, to give you more insight into the relationship between VIAINVEST and its loan originators. Viaconto.se is a known name in the Swedish lending industry and a vital loan originator for VIAINVEST. As we dissect Viaconto.se’s path, its mode of operation, and its future goals, we discover insights that not only highlight the harmony between the two entities but also provide a larger perspective on Sweden’s loan ecosystem.
Hello, Investors and VIAINVEST community!
We would like to provide a brief update on an operational change affecting VIA SMS Group’s business in Poland. VIA SMS Group has decided to end its lending activities in Poland after careful consideration and strategic review.
Commentary from Wojciech Malek, country manager, VIA SMS PL
“We have been at the forefront of digital lending in Poland for over a decade, continuously adapting to evolving regulations and market changes. The changes implemented in December 2022 have led to a gradual decrease in our operations. Despite the significant reduction in provisions on loans issued to a level of 10% + 10% per year, we adapted effectively, adding Value Added Services (VAS) to maintain profitability. However, one amendment to the Consumer Credit Act, verified by multiple law firms, presented an impassable barrier.
We’re back with a quick recap of the most recent developments in October.
Quarterly statements on portfolio management
The quarterly statements on portfolio management are now available for download to investors who use Auto-invest. These reports provide a comprehensive overview of the management and performance of your investment portfolio over the specified period.
In the dynamic world of fintech, the relationship between loan originators and investment platforms plays a pivotal role in ensuring the growth and security of investments. Delving deeper into this intricate bond, we sat down with the Managing Director of VIASMS.lv – Mārtiņš Magdeburgers.
Hello to our valued community!
As we usher in a new month, it’s time for a quick reflection on the key statistics from September.
Hey there, VIAINVEST community and investors!
We hope your journey with us has been profitable thus far. The passion and trust of our community contributed to our success, and we are excited to bring you more updates as we continue evolving our platform. So, without further delay, let’s begin with the most recent updates.
We wish to inform you that VIA SMS Group and Twino are renewing their collaboration. Leveraging the achievements of the previous partnership in Vietnam, both teams are prepared to integrate their expertise to enhance the development of the VAMO Philippines’ lending market. Continue reading A New Chapter of VAMO Philippines Development
Here’s a recap of VIAINVEST’s key metrics from the past month:
Publication and Funding Dynamics
Loans Published: EUR 7,856,345
Loans Funded: EUR 7,391,852
With the active participation of loan originators, we rolled out EUR 7,856,345 in securities underpinned by loans from our network. In response, our dedicated investors contributed EUR 7,391,852 in August. Continue reading VIAINVEST’s August Performance 📊
Hello investors and VIAINVEST community!
We hope you’ve been experiencing positive progress with your investments here at VIAINVEST. As we sail through 2023, our team has been working diligently behind the scenes to provide you with the enhanced tools, features, and opportunities that you’ve been asking for. Let’s get straight into the heart of our latest operational updates! Continue reading Operational updates
Let’s take a look at VIAINVEST’s data from the previous month.
Publication and Funding Dynamics
Loans Published: EUR 6,744,286
Loans Funded: EUR 6,747,667
The amount of Asset-backed securities published increased in tandem with the activity of loan originators. In total, we published EUR 6,744,286 in securities backed by loans originated by our network. Our investors, on the other hand, invested EUR 6,747,667 in July. Continue reading The Performance of VIAINVEST in July