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chrisg76 replied to discussion Already invested in Twino?Over the last two years their financial results were poor. However, following a restructuring, and the closure of unsuccessful locations, Twino report -
canythould43 replied to discussion How to invest in the secondary market ?You may buy item on Secondary market hoping to get good profit.There are always people leaving the site and selling their investments, some people eve -
impsithe replied to discussion Buyback vs Payment Guarantee?When a loan with the BuyBack guarantee defaults (has a delay of 30 days), it is bought back by TWINO, returning all funds invested in the loan plus in -
sedgerhy10 replied to discussion Buyback vs Payment Guarantee?For an investor payment guarantee allows for slightly more stable cash flow. Essentially when you used to invest into a loan, and it got delayed then -
canythould43 replied to discussion Buyback vs Payment Guarantee?Buy back guarantee kicks in 30 days after the loan has been delayed with principal + interest paid to investor. Payment guarantee will still make paym
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canythould43 posted a new discussion Twino removes cap on manual lendingTwino has removed the investment cap on its manual investments following a suitability and appropriateness assessment. The European peer-to-pe ...
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canythould43 posted a new discussion New bank accountTWINO has changed its bank account. Investors will find the new bank details in the investor's profile. ...
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You will be able to purchase asset-backed securities (“Securities”) – financial instruments that are backed by underlying loans issued to the borrower, who may be a consumer or a business. The return on the Securities is a fixed interest rate and is applied to the amount invested by the investor that amortizes over the lifetime as the underlying loans are being repaid.
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From now on you will be able to further diversify your investments on TWINO by investing in asset-backed securities based on business loans issued to “Hoang Kim Nhat Company Limited” – a consumer lending company operating in Vietnam under the brand name VAMO.
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TWINO announces a new CEO
After only three months, TWINO is changing its CEO again. The newly appointed Chief Operations Manager is Helvijs Henšelis, a former tax manager. -
canythould43 posted a new linkNew product offering on TWINO Blog https://blog.twino.eu No description
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European peer-to-peer lender Twino has launched a new social investment product. It allows Twino investors to donate to causes rather than earn interest and the platform will match the amount raised. The first social fundraising project is for Latvia’s Children’s Clinical University Hospital, allowing young patients to be provided with convenient and safe remote consultations.
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In Twino you can fund your account in either euro (EUR) or British pounds (GBP). The currency of your initial deposit will be set as the currency for your account and this will be the currency for your activities.
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canythould43 posted a new discussion Already invested in Twino?Already invested in Twino? If so, share your impressions below. Are you happy with Twino Have you encountered an issue that other investors should be ...
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Twino works with different originators who publish their loans in the marketplace of the platform, but unlike Mintos, Grupeer, Lenndy and other Latvian platforms, Twino does NOT reveal who their originators are. In any case, it should be noted that it is Twino who is directly responsible for paying the guarantees of repurchase and guaranteed payments in case it is necessary in each operation.
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canythould43 added a new photoIn Twino there are two kinds of protection in Secured Loans:
On the one hand loans have class "T" with the Buyback Guarantee type MINTOS to which many are accustomed only have to spend 60 days from the first delay payment to activate.
On the other hand we have the "PG" class loans. In this type of secured loan, even if the borrower does not pay, Twino will continue paying us the monthly payment as if nothing had happened.TWINO - News & Feedback -
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At Twino we can sell any of our loans in the secondary market at any time . It does not matter the state in which they are and the rating they have: we simply go to MY INVESTMENTS, and from the list of loans we press the SELL button on the loan we want to sell.
We will only have to set the price and wait until Twino places the loan to one of the other investors based on their profile. -
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canythould43 added a new photoThe default form of investment in Twino is Auto-Invest; To access the list of loans to invest manually, we must go to the INVEST section, and then to the MANUAL INVESTMENT tab. In this screen we will have access to the most important parameters that define each of the operations on this Latvian platform.TWINO - News & Feedback
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Twino allows us to invest both MANUAL and AUTOMATIC (Autoinvest) from 10 euros per operation. It is not always easy to find loans manually in Twino, so the most common thing is to configure Auto-invest and automatically invest in this platform.
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Twino works with one of the leading banks in the Baltic and Nordic countries such as SWEDBANK. To deposit funds in our account, Twino will provide us with an account number in this bank and a concept to add to the transfer.
Twino does not charge any commission for this transfer and normally in a couple of days maximum we will have the money ready to invest. -
canythould43 added a new photoThe registration is open to citizens of ANY nationality. Twino.eu has a very simple registration process, which simply consists of filling out the initial form and making the first deposit in the account number indicated.TWINO - News & Feedback
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canythould43 added a new photoWith more than 18,000 investors and 600 million euros financed, Twino.eu is undoubtedly one of the Latvian crowdlending platforms of reference in the European peer-to-peer lending landscape. Twino is a true giant of the European P2P Lending , only surpassed by Mintos in terms of volume of loans financedTWINO - News & Feedback
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runted posted a new discussion Buyback vs Payment Guarantee?What's difference between "buyback" and "payment" guarantee? ... -
canythould43 posted a new linkLatvian Marketplace Lender Twino is Not Magic, It is Reselling Short Term Consumer loans - Crowdfund Insider https://www.crowdfundinsider.com Today at Finovate Europe in London, quite a few attendees were startled to hear Jevhenijs Kazanis, Twino’s CEO, confidently assert: “Twino will buy ba ...
Over the last two years their financial results were poor. However, following a restructuring, and the closure of unsuccessful locations, Twino reported much better financial results for 2018. Profits went from a €13m loss, to a €4m profit. The balance sheet position also improved. Hopefully this improving trend can be continued.
You may buy item on Secondary market hoping to get good profit.There are always people leaving the site and selling their investments, some people even sell things at a discount when they’re delayed. It does however take some time, because you have to do the purchases manually.
When a loan with the BuyBack guarantee defaults (has a delay of 30 days), it is bought back by TWINO, returning all funds invested in the loan plus interest for the 30 days of delay. Thus, you have to look for new investments in order to make your money work.
The difference with the Payment Guarantee is that the loan is not bought back after the 30th day of delay. The loan status changes to “Defaulted”, and you are no longer able to resell the shares, however you keep receiving monthly repayments of principal and interest in accordance with the original loan schedule until the loan is fully repaid.