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 đź“Š
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
August 2 marks an essential milestone for the VIAINVEST. It’s been one year since the launch of asset-backed securities. Let’s take a moment to reflect on the statistics and the journey of growth.
67.6 Million Asset-Backed Securities Funded Since the Launch
Within just one year, 67.6 million asset-backed securities have been funded. We are more than grateful for the credibility and trust that investors have placed in VIAINVEST. By providing an accessible and streamlined process for asset-backed investments, we’ve been growing together with both loyal investors and newcomers alike. Continue reading Celebrating One Year of Asset-Backed Securities
Our most effective investment tool has just gotten better. VIAINVEST’S Auto-invest solution has received a major overhaul and now includes pre-defined investment strategies to manage your investment portfolio.
Pre-defined automated strategies
We are now offering Active and Diversified automated strategies to all clients who have completed a product suitability assessment and have automated investments available. VIAINVEST strategies are designed to invest in accordance with their objectives and automatically adjust to available offers; there is no need to actively manage them or worry about their settings. This simplifies the investment process and maximizes return by keeping funds invested at all times.
The parent company of the VIAINVEST investment platform, VIA SMS Group, has released two sets of financial statements: Audited Consolidated and Separate Financial Statements for 2021 and Unaudited Consolidated and Separate Financial Statements for the year 2022.
By publishing these financial statements, VIA SMS Group maintains its commitment to transparency and accountability by informing investors and stakeholders about the company’s financial performance. The financial statements provide an overview of the financial position and performance of the entire group.
Read complete reports here: https://viasmsgroup.com/investor-relations
Did you know?
To ensure that investors have access to the latest and most relevant info, financial reports for all loan originators can be found in the respective Base Prospectus approved by Latvijas Banka, the central bank of Latvia: Disclosures | VIAINVEST
It means that investors can access information about each loan originator even if Audited Consolidated and Separate Financial Statements are not published on the Group’s website yet.
Furthermore
VIAINVEST investors have used to await and look into the parent company’s VIA SMS Group statements. However, as a regulated platform, VIAINVEST now has its own obligations. One of the essential obligations imposed is the requirement to publish financial statements on a regular basis. As a result, the VIAINVEST team will issue the platform’s audited annual financial statements this year and in the future. Investors will have access to the platform’s financial statements for 2022 in April 2023.
Let’s take a look at some recent developments.
Asset-backed security portfolio surpasses cessions
VIAINVEST is steadily converting its loan portfolio from cessions to asset-backed securities, and we have recently passed an important milestone. Our clients’ asset-backed securities portfolio has exceeded that of cessions, suggesting that cession investments are being steadily repaid.
We anticipate that this process will continue at a rapid pace, with loan portfolios originated in the Czech Republic, Romania and Poland being the first to be fully converted to asset-backed securities.
Continue reading VIANVEST platform updates: Asset-backed security portfolio exceeds cessions.
When asset-backed securities were first introduced, the standard withholding tax rate applied to all private investors was 20% (reduced with a tax certificate).
The Latvian fintech community, of which we are proud to be a part, worked diligently to pass new legislation, and as a result, EU residents will now be subject to a 5% withholding tax without the need to provide additional tax certificates, which will go into effect on January 1st, 2023. Continue reading Reduced 5% withholding tax rate for EU residents coming soon
After sweltering temperatures in Europe this summer and warm autumn, cooler temperatures are just around the corner. Meanwhile, as the Russian war in Ukraine drags on, a winter of another kind is quickly emerging in the European economy. While soaring inflation has become a common thread in the global economy, it has become especially burdensome for European countries, where an energy crisis of epic proportions has reared its head. With a recession a possibility before the year is over, Europeans are getting pushed to the brink. Continue reading How to Invest and Save in Midst of Economic Winter
The company SIA “Viainvest” has concluded an administrative agreement with the Financial and Capital Market Commission (FCMC) to extend the term for the fulfilment of obligations, as the company, on its own initiative, switched to operating in the regulated and safe market of financial instruments. Continue reading SIA “Viainvest” has concluded an administrative agreement with FCMC
