Published: November 30, -0001
TWINO doubles Russian P2P origination capabilities
Latvian-headquartered TWINO has added a second originator to its Russian franchise, as the peer to peer lender looks to “significantly” increase the high yield investment opportunities available to investors.
TWINO, which lends from different brands across Europe, announced the addition of the second originator onto its platform on August 24.
“We look to expand into countries where there is either a short supply of consumer credit from domestic banks, or where traditional lenders have become too expensive for borrowers,” Jevgenijs Kazanins, P2P platform lead at TWINO told EMEA Finance, “meaning online players can offer a faster and simpler solution”.