Viventor, a peer-to-peer lending platform, marks its first year of
operations with 60%+ average monthly growth in the investments made
through its marketplace. The company launched the alpha version of its
lending marketplace in October 2015 at London’s LendIt, the largest
gathering of the online lending community in Europe. This year, Viventor
returns to the event with a story of lessons learned, fleet-footed
adjustments made, and an improved, established product near the top of
the Europe’s fastest growing peer-to-peer platform list.
The development of Viventor’s product and the company’s subsequent rapid
expansion has been buttressed by its partnership with Finstar Financial
Group, a private equity fund. Finstar follows a value-added investment
strategy of introducing global best practices for innovation and
marketing to its companies. Finstar has a strong track record in the
financial technology and financial services space, and has established
successful partnerships with fast-growing lenders across Europe.
Aided by this partnership, Viventor in February 2016 launched new
features and loan types that catalyzed growth, allowing it to expand its
investments from EUR 100,000 to over EUR 6 million.
Viventor has now attracted close to 2,000 investors from over 30
countries, generating annual returns as high as 12%. All loans listed on
the platform are 100% pre-funded and secured by a Buyback Guarantee:
listed loans are bought back by the loan originator after 60 days of
delinquency. The loan marketplace has not lost a single cent of
investors’ money to date.
Viventor is open to any European citizen with as little as EUR 50 to
invest. Investors are able to choose from a range of low-risk secured
and unsecured loans made by non-bank lenders. Currently, loans from
Sweden and Spain are available for investment, with Denmark, Lithuania,
Poland and other countries in the pipeline.
The reinvented Viventor product will be presented at LendIt Europe 2016,
where Toms Niparts, Viventor Head of Operations, is to participate as a
speaker during the Up and Coming European Platforms session.
Andris Rozenbahs, CEO of Viventor, commented:
“As clichéd as it sounds, our last year has proved that businesses
must sometimes pivot to achieve success. Understanding the market,
listening to your customers, admitting your mistakes and incorporating
all that into your strategy isn’t always easy – but it’s always
necessary. Supported by expertise and strategic advice from Finstar, we
managed to do this and put Viventor not only on the right track, but on
the fast track. We’re thrilled to return to LendIt with our story of new
beginnings, hard work, and most importantly, with an established,
competitive and rapidly expanding peer-to-peer lending platform.”
Nicholas Jordan, CEO of Finstar Financial Group, commented:
“Viventor’s giant operational leaps and the stellar expansion of its
platform are proof that it has a robust business model and has achieved
an excellent product-market fit. As a strategic partner, Finstar will
continue to offer operational guidance, support product enhancement, and
ultimately assist Viventor expand from its current focus on the Spanish
and Swedish loan markets to becoming a pan-European peer-to-peer
Toms Niparts, Head of Operations at Viventor, reflected on the
company’s first year:
“It’s been a challenging, exhausting and exciting process. We have
now finally reached a product-market fit, and have numerous product
improvements in the pipeline. For instance, the Viventor Mobile App is
coming any week now, as a direct reaction to mobile trends. Meantime,
our improved AutoInvest tool, secondary market features, advanced
dashboard, and institutional investor tools are exciting developments
with the potential to supercharge our growth. Indeed, with so many
transformative improvements building on the foundation of our success
this year, it seems that Viventor 2.0 is well and truly in the making.”
Viventor is a peer-to-peer loan marketplace that offers direct
investments in a range of loans across Europe. The platform allows
investors to open an account with as little as EUR 50, and to maintain
complete control and transparency over their investments. Viventor’s
goal is to make secure peer-to-peer investing simple and accessible for
every European, while opening an entirely new source of capital for
lending companies of all sorts.
Earlier this year, Viventor joined forces with industry experts from AltFi.com
to release the very first newspaper on peer-to-peer lending, Finventor.
The paper is printed in English, with digital copies also available in
German and Spanish. The digital English version can be found here.
Read more about Viventor: https://www.viventor.com/.
Finstar Financial Group is an international private equity group.
Founded in 1996, the Group has significant experience in launching
start-ups, corporate restructuring and expansion projects. Finstar
operates in the financial services, IT, consumer retail and real estate
sectors. The Group has some $2 billion of assets under management. Since
its foundation, Finstar has developed substantial operational experience
and specializes in a value-added strategy of introducing global best
practices for corporate governance, innovation and marketing to
Read more about Finstar: http://finstar.com/.