Author: Fintechnews Baltic

Launched in late-2016, VIAINVEST is a new peer-to-peer lending marketplace provided by Latvia-based VIA SMS Group. The platform allows both individuals and companies to invest into loans originated by non-banking lenders. Commenting on the launch, Eduards Lapkovskis, Member of the Board at VIA SMS Group, stated:     “By launching VIAINVEST we aim to ensure an easy-to-use P2P lending marketplace that offers secure and transparent investment opportunities. Our priority is to focus on the needs of each investor despite their level of experience.” Loans available for investment on VIAINVEST are originated by the VIA SMS Group and its associated companies operating…

The Baltic states, namely Estonia, Latvia and Lithuania, are becoming active in the fintech sector, thanks to a number of startups are putting the region on the map. TransferWise, which was started by Estonians Kristo Käärmann and Taavet Hinrikus in 2011, is a peer-to-peer money transfer platform and one of Europe’s few truly global tech success stories. Since launch, TransferWise has attracted investment from some of the hottest names in tech, including Richard Branson, Peter Thiel and Andreessen Horowitz, and is worth over a billion dollars. Latvian native fintech firm Creamfinance has been named one of the fastest growing fintech…