Twino Crowdfunding Platform For Online Fundraising in 2024

Twino is a peer-to-peer (P2P) lending platform based in Latvia that was founded in 2009. The platform specializes in facilitating online consumer and business loans while incorporating investor protection mechanisms to mitigate risks. Twino offers an Auto-invest tool that allows investors to diversify their portfolios seamlessly based on their specified criteria.

With an ECSP license number of 06.06.08.720/536, Twino operates exclusively in Latvia, focusing on connecting borrowers with investors through its online platform. Investors have the opportunity to lend money to individuals or businesses in need of financing, with the promise of attractive returns on their investments.

Key features of Twino include:

1. Auto-Invest Tool: Twino's Auto-invest tool is designed to make the investment process effortless for users. Investors can set their criteria, such as preferred interest rates, loan durations, and risk levels, and the tool will automatically allocate their funds across a diversified portfolio of loans that meet these specifications.

2. Investor Protection Mechanisms: Twino implements various mechanisms to protect investors' interests. These may include measures like buyback guarantees, where Twino repurchases loans that are delayed by a certain period, ensuring that investors receive their principal and accrued interest.

3. Minimum Investment: The platform allows investors to start with a minimum investment amount of 10 EUR, making it accessible to a wide range of individuals who wish to participate in P2P lending.

4. Advertised Return: Twino advertises an average return of 10% for investors, providing an opportunity for attractive earnings on their invested capital.

5. Payment Options: Investors can fund their Twino accounts via bank transfer, offering a convenient and secure method for depositing and withdrawing funds on the platform.

6. Total Funding Volume: While specific data on the total funding volume on Twino may vary, the platform generally processes a significant amount of loan transactions, enabling investors to participate in a thriving marketplace for P2P lending.

7. Average Loan Duration: Twino offers loans with varying durations, catering to investors with different investment preferences and time horizons.

Twino's establishment in 2009 reflects its experience and longevity in the P2P lending industry, showcasing a track record of serving both borrowers and investors in the Latvian market. By focusing on transparency, investor protection, and user-friendly features like the Auto-invest tool, Twino aims to provide a reliable platform for individuals seeking to engage in online lending activities with the potential for competitive returns.