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. (más…)

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. (más…)

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.

(más…)

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.

(más…)

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. (más…)

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. (más…)

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. (más…)

Autumn is known as harvest season, and VIAINVEST offers to join in a particularly profitable investment experience. We appreciate your continued trust, confidence, and loyalty. We believe this is an excellent time for new investments, with interest rates on all newly issued asset-backed securities now reaching 13%. (más…)

Have you been trying to figure out how taxes are applied to investing? You’re not alone – we will allay your concerns by explaining and describing the taxation process below. (más…)

How does the maturity and repayment schedule of a single loan (cession) compare to asset-backed securities? This article will explain the lifecycle and benefits of asset-backed securities over single loans. (más…)

We’d like to tell you about some exciting changes coming soon at VIAINVEST. After a long and thorough process, we are transitioning from claim rights to the new generation of investment products: asset-backed securities. While we are finalizing the last details, join us and take a look at what it can offer. (más…)

Sky-high inflation has gripped the global economy and thrust saving money into the spotlight. Meanwhile, just as the pandemic is finally seemingly starting to wind down, the events in Eastern Europe have ratcheted up the uncertainty factor. The one-two punch of inflation and the potential for rising interest rates have exacerbated an already precarious situation. We thought now was a good time to explore ways to save money and potentially add additional revenue streams in 2022.

During the best of times, Europeans are disciplined savers and under sock away 12% of their earnings, according to the IMF. Between 2020 and 2021, at the height of the pandemic, the savings rate increased to nearly 19% as lockdowns and social distancing measures cut into spending. Put another way, during that time frame, Europeans are estimated to have saved close to $1 trillion more than they otherwise would have were it not for the restrictions, setting a new record as savings rose to the equivalent of 8% of the eurozone’s GDP. (más…)

It’s no secret that the Baltic nations are considered a hub for fintech activity. This is especially true in the wake of Brexit, given the compliance and regulatory uncertainty surrounding financial services between the U.K. and the European Union. Entrepreneurs need more clarity. Latvia, Estonia, and Lithuania are increasingly bridging that gap, thanks to a culture of nurturing tech innovation and embracing digitization that in many ways have made the Baltics the envy of the world.

Fintech is the intersection of finance and technology. It is a sector that looks to tech to make financial services better and more intuitive for consumers and businesses alike. The sector has disrupted legacy financial systems by leaning into what consumers want and the way in which merchants and entrepreneurs can deliver. The Baltics take the lead in areas like peer-to-peer (P2P) investing, where the region has the largest slice of the market in the EU, with France in a distant second. (más…)