The financial statements of the originators and Independent Auditor's Report on First Finance Financial Statement for 2018 are presented.
Quality of loan originators has always been the main focus at Lenndy. So from now on, we invite you to get acquainted with financial statements of all Lenndy loan originators for the year 2018. All originators earned a revenue more than last year and were profitable in 2018.
The popularity of P2P lending as an alternative to traditional loans for both individuals and businesses is on the rise. These days, internet-based platforms such as Mintos and Lendix, match lenders with borrowers hence, enhancing the efficiency of capital allocation. In 2015, the global Peer to Peer market was valued at $26 billion, and the market is projected to reach $460 billion by 2022.
As these online platforms grow, investors are promised higher returns. Similarly, the ...
Let‘s take a look at Lenndy results for the 1st quarter of the year 2019. Investors funded over 3.7 mln. EUR of loans during the first 3 months of the year, reaching the peak in January with 1 276 577 EUR. We are very pleased that Lenndy investors contributed to the growth and development of businesses and managed to reach a cumulative invested amount of over 22,3 mln. EUR. At the end of 1Q Lenndy already has 5 483 users that earn 12,5% annual return on average.Read more