Tagged: estonia

August 14, 2023 @ 1:46 am By Omar Faridi  |  

July kickstarted what could be the “rebound” after a slow summer for investments and loan originations. Both originations and investments totaled over €14M each in July, according to a recent update from Bondora. As noted in a blog post by Bondora, the API technical error… Read More

August 9, 2023 @ 2:40 am By Omar Faridi  |  

Bondora notes that we are more than halfway through the year. Like with any goal, it’s essential to acknowledge achievements along the way to stay motivated on the path to success, the team at Bondora noted while adding “that a lot has happened already, and… Read More

August 7, 2023 @ 9:16 am By Omar Faridi  |  

Investment platform Shojin has teamed up with LINUS as well as Reinvest24 in order to expand various real estate opportunities. Shojin, a UK-headquartered FCA-regulated investment platform, has announced its partnership with LINUS Digital Finance, a Berlin-based real estate investment platform, and Reinvest24, an Estonia-based real… Read More

August 4, 2023 @ 7:45 am By Omar Faridi  |  

Orbital, the London, Tallinn and Gibraltar-based traditional finance and crypto payments platform for global enterprises, has raised £5M ($6.4M) in “an oversubscribed growth round led by Golden Record Ventures, at an attractive valuation in which the founders are maintaining a large majority.” Participants in the… Read More

July 24, 2023 @ 9:59 pm By JD Alois  |  

EstateGuru, a platform that matches borrowers with investors, has provided a half year update on its activities. The company reported that during the first 6 months of the year, EstateGuru has financed 269 separate real estate projects raising €44 million. During the same period, investors… Read More

July 23, 2023 @ 10:31 pm By Omar Faridi  |  

European investment platform Bondora says it remains committed to improving the credit industry for all customers. Pärtel Tomberg, CEO and Founder of Bondora, has said: “So far, we have issued credit agreements in accordance with the law and previous guidelines. We don’t foresee significant changes… Read More

July 17, 2023 @ 10:58 am By JD Alois  |  

German financial regulator BaFin has launched an investigation targeting Blackfort Tech based in Estonia. In a consumer warning, BaFin said that the company offers banking business or provides financial and/or investment services on its website Blackfort.exchange, without the required authorization. Blackfort.exchange lists both an address… Read More

July 12, 2023 @ 11:14 pm By JD Alois  |  

EstateGuru, an established online marketplace for secured loans, has been approved to operate across the European Union under ECSPR or European Crowdfunding Securities Provider Regulation. EstateGuru will join a handful of other online marketplaces to issue securities and raise capital online in the EU. As… Read More

July 9, 2023 @ 11:00 pm By Omar Faridi  |  

Despite small decreases, there was still a large number of investments and loans originated in May 2023, according to an update from European investment platform Bondora. Both were in the €19 million ballpark, which is still “some of the highest monthly amounts they’ve seen recently.”… Read More

July 9, 2023 @ 12:08 pm By Omar Faridi  |  

Tallinn-based Swaper, a marketplace platform offering to buy the claim rights for loan receivables and earn passive income, recently shared key platform updates. By the end of last month, Swaper investors earned a cumulative of 6.42M Euros worth of interest. In June 2023, the number… Read More

June 28, 2023 @ 8:43 am By Omar Faridi  |  

In May, Estateguru’s crowdfunding platform reportedly saw €8.2M worth of new loans. In May of this year, Estateguru’s crowdfunding platform reported steady activity. Their sales team is now “concentrating on the Baltics and Finland: in Estonia the volume was €4.0M, in Lithuania €1.4M, in Latvia… Read More

May 16, 2023 @ 10:33 pm By Omar Faridi  |  

The first quarter of 2023 started and ended with “a bang,” according to Bondora. After February had some of the highest origination and investment figures Bondora has seen post-pandemic, March statistics reportedly surpassed “all previous records to set new all-time highs. Investments and originations topped… Read More

May 10, 2023 @ 6:13 am By JD Alois  |  

Estateguru has been approved to operate under European Crowdfunding Service Providers Regulation or ECSPR. Under the new EU legislation, a platform may sell securities online across all EU member states. Issuers may raise up to €5 million. Estateguru was approved by the Estonian Financial Supervision… Read More

April 26, 2023 @ 11:01 am By JD Alois  |  

Estateguru, an online investing and originating platform that serves the European market, is reporting a “stable and success” first quarter of the year. Estategura says it funded 178 projects with a loan volume of €23 million and hitting a new milestone of over €700 million… Read More

April 18, 2023 @ 10:06 pm By Omar Faridi  |  

Debitum reveals that their Estonia-based partner – non-bank financing company Evergreen Capital which issues business loans to Estonian SMEs from the manufacturing and services sectors has “released a new ABS program with 26 underlying assets.” According to a blog post published by Debitum, the ABS… Read More

April 9, 2023 @ 11:47 pm By Omar Faridi  |  

The team at Bondora says that they truly believe in working hard and “celebrating hard.” Each update, no matter how small, should be acknowledged, the Bondora team added. And there were some significant milestones to celebrate in Q1 of 2023, the firm reveals. Bondora celebrated… Read More

March 22, 2023 @ 12:14 pm By Omar Faridi  |  

Estonia-based crypto startup CryptoWallet.com has reportedly become one of the first crypto companies to receive a stamp of approval from Estonia’s Financial Intelligence Unit (FIU). CryptoWallet.com claims it “renewed its crypto license despite strict regulatory measures introduced last year to maintain compliance and transparency within… Read More

March 19, 2023 @ 10:58 pm By Omar Faridi  |  

2023’s figures continue to “exceed expectations,” according to an update from investment platform Bondora. Investments for February via Bondora have “topped €20M for the first time in years, with a total of €20,660,543.” Increasing by 12.2%, loan originations on Bondora “totaled €19,228,733.” This is the… Read More

March 2, 2023 @ 8:44 am By Omar Faridi  |  

Salv, the Regtech start-up founded by former Wise and Skype employees, announces the strengthening of its senior management team “with the appointment of Lauri Haav as Chief Growth Officer (CGO), Gristel Tali as Chief Product Officer (CPO), Maarja-Liis Mitri as Chief Financial Officer (CFO), and… Read More

February 11, 2023 @ 3:27 pm By Omar Faridi  |  

2023 starts where 2022 ended, with a “strong wave” of loan originations and investments. Investors added a total of €17,087,257 to their accounts, according to an update from Bondora. And loan originations also launched into the new year “with an impressive €17,137,703.” In January, 2,179… Read More