TWINO Review: Peer to Peer Lending

TWINO is a Latvian p2p lending marketplace. It is a privately-owned marketplace lender operating across 9 countries. Twino is open to international investors.

Founded: 2016

Origin: Latvia

Buyback guarantee: Yes

Secondary Market: Yes

Autoinvest: Yes

Minimum investment: 10 EUR

Members
  • Albertus Haeseb
  • canythould43
  • chrisg76
  • himeed49
  • impsithe
  • p40l0m4r
  • runted
  • sedgerhy10
  • wachieni
  • xancadaval
  • yommywindy
Recent Group Photos
https://www.globalp2plending.com/images/groupphotos/44/533/thumb_1a94871bb943b4e590b25566.png
Videos
  • Twino EN 201500:39
TWINO Review: Peer to Peer Lending
  • canythould43
    European peer-to-peer lender Twino has launched a new social investment product. It allows Twino investors to donate to causes rather than earn interest and the platform will match the amount raised. The first social fundraising project is for Latvia’s Children’s Clinical University Hospital, allowing young patients to be provided with convenient and safe remote consultations.
    141 days ago
  • canythould43
    In Twino you can fund your account in either euro (EUR) or British pounds (GBP). The currency of your initial deposit will be set as the currency for your account and this will be the currency for your activities.
    226 days ago
  • chrisg76
    chrisg76 replied to discussion Already invested in Twino?
    Over the last two years their financial results were poor. However, following a restructuring, and the closure of unsuccessful locations, Twino report
    262 days ago
  • canythould43
    canythould43 posted a new discussion Already invested in Twino?
    Already invested in Twino? If so, share your impressions below. Are you happy with Twino Have you encountered an issue that other investors should be ...
    262 days ago
  • canythould43
    Twino works with different originators who publish their loans in the marketplace of the platform, but unlike Mintos, Grupeer, Lenndy and other Latvian platforms, Twino does NOT reveal who their originators are. In any case, it should be noted that it is Twino who is directly responsible for paying the guarantees of repurchase and guaranteed payments in case it is necessary in each operation.
    266 days ago
  • canythould43
    canythould43 added a new photo
    In Twino there are two kinds of protection in Secured Loans:

    On the one hand loans have class "T" with the Buyback Guarantee type MINTOS to which many are accustomed only have to spend 60 days from the first delay payment to activate.

    On the other hand we have the "PG" class loans. In this type of secured loan, even if the borrower does not pay, Twino will continue paying us the monthly payment as if nothing had happened.
    • In Twino there are two kinds of protection in Secured Loans:<br /><br />On the one hand loans have class "T" with the Buyback Guarantee type MINTOS to which many are accustomed only have to spend 60 days from the first delay payment to activate.<br /><br />On the other hand we have the "PG" class loans. In this type of secured loan, even if the borrower does not pay, Twino will continue paying us the monthly payment as if nothing had happened.
    TWINO - News & Feedback
    266 days ago
  • canythould43
    At Twino we can sell any of our loans in the secondary market at any time . It does not matter the state in which they are and the rating they have: we simply go to MY INVESTMENTS, and from the list of loans we press the SELL button on the loan we want to sell.

    We will only have to set the price and wait until Twino places the loan to one of the other investors based on their profile.
    266 days ago
  • canythould43
    canythould43 added a new photo
    The default form of investment in Twino is Auto-Invest; To access the list of loans to invest manually, we must go to the INVEST section, and then to the MANUAL INVESTMENT tab. In this screen we will have access to the most important parameters that define each of the operations on this Latvian platform.
    • The default form of investment in Twino is Auto-Invest; To access the list of loans to invest manually, we must go to the INVEST section, and then to the MANUAL INVESTMENT tab. In this screen we will have access to the most important parameters that define each of the operations on this Latvian platform.
    TWINO - News & Feedback
    266 days ago
  • canythould43
    Twino allows us to invest both MANUAL and AUTOMATIC (Autoinvest) from 10 euros per operation. It is not always easy to find loans manually in Twino, so the most common thing is to configure Auto-invest and automatically invest in this platform.
    266 days ago
  • canythould43
    Twino works with one of the leading banks in the Baltic and Nordic countries such as SWEDBANK. To deposit funds in our account, Twino will provide us with an account number in this bank and a concept to add to the transfer.

    Twino does not charge any commission for this transfer and normally in a couple of days maximum we will have the money ready to invest.
    266 days ago
  • canythould43
    canythould43 added a new photo
    The registration is open to citizens of ANY nationality. Twino.eu has a very simple registration process, which simply consists of filling out the initial form and making the first deposit in the account number indicated.
    • The registration is open to citizens of ANY nationality. Twino.eu has a very simple registration process, which simply consists of filling out the initial form and making the first deposit in the account number indicated.
    TWINO - News & Feedback
    266 days ago
  • canythould43
    canythould43 added a new photo
    With more than 18,000 investors and 600 million euros financed, Twino.eu is undoubtedly one of the Latvian crowdlending platforms of reference in the European peer-to-peer lending landscape. Twino is a true giant of the European P2P Lending , only surpassed by Mintos in terms of volume of loans financed
    • With more than 18,000 investors and 600 million euros financed, Twino.eu is undoubtedly one of the Latvian crowdlending platforms of reference in the European peer-to-peer lending landscape. Twino is a true giant of the European P2P Lending , only surpassed by Mintos in terms of volume of loans financed
    TWINO - News & Feedback
    266 days ago
  • canythould43
    canythould43 added a new photo
    Platform Statistics In Septembre, 2017
    • Platform Statistics In Septembre, 2017
    TWINO - News & Feedback
    1088 days ago
  • canythould43
    You may buy item on Secondary market hoping to get good profit.There are always people leaving the site and selling their investments, some people eve
    1222 days ago
  • sedgerhy10
    How to invest in the secondary market ? ...
    1222 days ago
  • impsithe
    impsithe replied to discussion Buyback vs Payment Guarantee?
    When a loan with the BuyBack guarantee defaults (has a delay of 30 days), it is bought back by TWINO, returning all funds invested in the loan plus in
    1222 days ago
  • sedgerhy10
    For an investor payment guarantee allows for slightly more stable cash flow. Essentially when you used to invest into a loan, and it got delayed then
    1222 days ago
  • canythould43
    Buy back guarantee kicks in 30 days after the loan has been delayed with principal + interest paid to investor. Payment guarantee will still make paym
    1258 days ago
  • runted
    runted posted a new discussion Buyback vs Payment Guarantee?
    What's difference between "buyback" and "payment" guarantee? ...
    1258 days ago
  • himeed49
    himeed49 added a new photo
    February Twino Statistics
    • February Twino Statistics
    TWINO - News & Feedback
    1292 days ago
Over the last two years their financial results were poor. However, following a restructuring, and the closure of unsuccessful locations, Twino reported much better financial results for 2018. Profits went from a €13m loss, to a €4m profit. The balance sheet position also improved. Hopefully this improving trend can be continued.
Last replied by chrisg76 on Wednesday, 08 January 2020
You may buy item on Secondary market hoping to get good profit.There are always people leaving the site and selling their investments, some people even sell things at a discount when they’re delayed. It does however take some time, because you have to do the purchases manually.
Last replied by canythould43 on Tuesday, 23 May 2017
When a loan with the BuyBack guarantee defaults (has a delay of 30 days), it is bought back by TWINO, returning all funds invested in the loan plus interest for the 30 days of delay. Thus, you have to look for new investments in order to make your money work. The difference with the Payment Guarantee is that the loan is not bought back after the 30th day of delay. The loan status changes to “Defaulted”, and you are no longer able to resell the shares, however you keep receiving monthly repayments of principal and interest in accordance with the original loan schedule until the loan is fully repaid.
Last replied by impsithe on Tuesday, 23 May 2017