Home Peer to Peer Lending Viainvest funds €67.6m of asset-backed securities in 12 months since transition

Viainvest funds €67.6m of asset-backed securities in 12 months since transition

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Viainvest funds €67.6m of asset-backed securities in 12 months since transition

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Viainvest has funded €67.6m (£58.3m) of asset-backed securities and paid out €1.45m in curiosity, since launching the product one 12 months in the past.

The European platform, which connects buyers with shopper loans, mentioned that its portfolio composition displays “a profitable transition”, with 80 per cent comprising asset-backed securities and 20 per cent comprising different kinds of finance together with enterprise loans.

“Viainvest has proven its potential to evolve and adapt,” it mentioned.

Learn extra: The seven largest P2P platforms in mainland Europe

The platform expects the rest of its portfolio not invested in asset-backed securities to be repaid by the top of the 12 months.

“Due to our purchasers’ reliance and our staff’s exhausting work, over the previous 12 months, we’ve made nice progress with our new asset-backed securities product and launched new funding companies and instruments,” mentioned Tatjana Kulapina, board member of Viainvest.

Learn extra: European P2P market demonstrates progress in 2023

“We attempt to realize extra open communication and make investing straightforward. Our product helps buyers earn fastened revenue by way of market ups and downs and earn extra over the long run.”

Final month, Viainvest introduced that it had upgraded its auto-invest product, together with pre-defined funding methods, extra knowledge and a redesigned settings web page.

It’s now providing ‘energetic’ and ‘diversified’ automated methods to all purchasers who’ve accomplished a product suitability evaluation and have automated investments out there.



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