On Tuesday, Latvian peer-to-peer lending platform DoFinance announced it is now available for investments from legal entities. According to the online lender, it is already offering investment options for individuals and is operating in both European and Asian markets.
According to DoFinance, for both individuals and legal entities, the online lender provides a convenient, easy and secure form of financial investments. There are three options for the investment of funds with 6%, 8%, and 12% profitability rate. Invest programs differ with the minimum period of investment and the conditions of withdrawing funds before the due date. Additionally, the process of registration for legal entities has been simplified – after submitting the necessary information and documents the activation of the account won’t take longer than one working day. Viesturs Kuļikovskis, Co-Founder of DoFinance, stated:
“Worldwide fintech trends are clearly showing that companies, while searching for lucrative and balanced risk investment alternatives to their current investment offers, are interested in investing their free assets in innovative financial instruments. By using P2P platforms for financial investments, companies have extensive investment options, as well as they have the opportunity to pay taxes after they have cleared the expenses from investments.”
DoFinance went on to add that it ensures that investors can access their funds in guaranteed deadlines.
“Thanks to the innovation of technologies – the automatic Auto Invest Program, that repeatedly invests the available funds, investors continuously earn interest starting from the first day of the investment. All of the loans are ensured with an Instant BuyBack guarantee, which means that even if the borrower can’t return the loan in time, the investor will not lose a cent.”
Since April 2017, DoFinance has attracted more than 2000 investors and a number of assets on the platform available for investors has exceeded 10 million euros.