What to Know about Anti-Money Laundering as a P2P Investor

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Being an investor at this point doesn’t just mean navigating a complex maze of investment options across different platforms and territories – it also involves a great deal of due diligence to make sure your risks are managed from a return on investment point of view and a legislative standpoint. Continue reading What to Know about Anti-Money Laundering as a P2P Investor

COVID-19 Accelerates Push to Digital Banking and Investment Apps

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There isn’t a sector of the economy that the COVID-19 pandemic hasn’t touched, and banking is near the top of the list. Not only have bank branches been shuttered for months but the perilous nature of cash has thrust digital payments and banking into the spotlight. While digital banking is a trend that had begun before the pandemic took hold, its adoption has been hastened around the world as a result of the crisis. One of the key features of digital banking is that the consumer is the focus, not the products, as depicted by the below illustration. Once users get a feel for it, they are unlikely to ever look back and only the nimblest of banks will lead the way.  Continue reading COVID-19 Accelerates Push to Digital Banking and Investment Apps

Cashless Europe: How Fintech Benefits the Development of the Digital Society

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The European Union has been moving closer to a cashless society in recent years, in some countries more than others. Fueling the trend has been the rise of financial technology, or fintech solutions, as consumers flock to mobile and internet offerings over brick-and-mortar banks, leaving cash out in the cold. Continue reading Cashless Europe: How Fintech Benefits the Development of the Digital Society

Vietnam: an Untapped Pool of Consumer Lending Opportunities

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The global situation in 2020 has pulled everyone out of their comfort zone and predictions about economic growth have become more difficult to make. Risks need to be evaluated with a different mindset because despite uncertainty, there will always be opportunities no matter the situation.

This article will evaluate the case of Vietnam as prospective market for consumer lenders. We will look at the economic picture, consumer behavior, and political forces that aim to support and shape the consumer lending industry as a viable investment consideration. Continue reading Vietnam: an Untapped Pool of Consumer Lending Opportunities

Saving Money During the Pandemic: Utopia or Reality?

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With wages down and unemployment sky-high, socking away extra cash might seem like a catch 22. In the UK, the number of Brits to file for unemployment in April soared 70% to nearly 2.1 million, reflecting the largest increase in history. People are working fewer hours, and the government has had to swoop in with wage subsidies for millions of jobs, furloughs that are set to begin dwindling in August.  According to Ernst & Young partner in Baltic States Guntars Krols, no European economy has gone unscathed from the COVID-19-fueled economic crisis. Were it not for government subsidies in Latvia, the unemployment rate would be much worse than it is.  Continue reading Saving Money During the Pandemic: Utopia or Reality?

VIAINVEST announces new bank details in cooperation with VIALET

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For quite some time VIAINVEST has been accepting deposits to its account opened with VIALET – a digital payments platform holding an electronic money institution license. VIALET is also a part of VIA SMS Group – the mother company of VIAINVEST, so we have decided to endorse this product and fully shift to it by closing our Swedbank account and accepting deposits/ making withdrawals only through the account opened with VIALET starting from June 1, 2020.

Rebuilding the Economy – an Optimistic Outlook

Continue reading VIAINVEST announces new bank details in cooperation with VIALET

VIAINVEST Expands Its Business Loan Portfolio

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We have said it before, and we’ll say it again – the ongoing economic fluctuations caused by the COVID-19 pandemic doesn’t scare us. Yes, we know it’s all serious and times have been uneasy, to say the least, but we at VIAINVEST are fully prepared and equipped to go forward. To prove that these are not just words, we are proud to present to you the latest addition to our business loan portfolio –  loan for consumer loan business development in Vietnam (not pre-funded). Continue reading VIAINVEST Expands Its Business Loan Portfolio

Rebuilding the Economy – an Optimistic Outlook

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It’s all too easy, at the moment, to imagine the future as one of catastrophe, even as a dystopia. The world is suffering through a tragedy, and many feel powerless because of it. It’s understandable—there isn’t a clear end to the COVID-19 crisis in sight yet, and experts can’t seem to agree on when that time will come either.

There is one thing they all agree on though: the fact that the current situation will eventually end, and that we have a brighter future ahead of us. For those that find this too abstract, there are several concrete reasons for this expectation. While the media mostly focuses on the bad news, there is also some good happening right now. Continue reading Rebuilding the Economy – an Optimistic Outlook