Twino offers a wide range of loan investments, while emphasizing its European origins. The platforms brokers directly the loans between the involved parties. Having started in 2009, it uses buy-back guarantees to convince potential investors.
|Investment Structures||Direct (peer-to-peer), Marketplace (peer-to-business)|
|Originator Types||Peers, Loan Originators|
|Investing Into||Business Loans, Consumer Loans, Real Estate|
|Interest Rates||10.00% – 14.00%|
|Number of Originators||0|
|Number of Countries||5|
|Minimum Investment||10 EUR|
|Average Net Return||10.00%|
|Total Loans Funded||81,500,000 EUR|
|Loans 1 To 15 Days Late||n/a|
|Loans 16 To 30 Days Late||n/a|
|Loans 31 To 60 Days Late||n/a|
|Loans 60 Plus Days Late||n/a|
|Loans Defaulted (In Recovery)||n/a|
|Loans Defaulted (Recovered)||n/a|
|Loans Defaulted (Written Off)||n/a|
|Average Amount Per Investor||n/a|
|Late Fees Earned||n/a|
Available as: Auto-Invest, Auto-Invest Portfolios, Portfolio Builder
Basically Auto-Invest, Auto-Invest Portfolios and Portfolio Builder are the same thing.
Available as: Manual Investment, Ventures
Use Manual Investment to invest into single loans. Or, what makes more sense, pick your favorite real estate object with Ventures.
Once you have invested into a loan, you can offer them for sale on a automatized secondary market. You can also only sell a part of the debt that the lender owes to you. By this, you can pull your money out of the investments.
Twino promises to buy back a loan (principal amount and accrued interest for full term), if a borrower is late with the repayment for over 60 days.
Available as: PG
Twino claims it would compensate both the invested principal amount and interest according to the loan repayment schedule for the whole loan period, even if the borrower is late with the repayment.
|Skin in the Game|
|Collaterals||Property, Personal Guarantee, Business Guarantee, Company Stocks|
|Maximum Loan To Value (LTV)||n/a|