These loans work in a harmony with the Loan Originators of the Peer to Peer platform. In order to understand where to invest your money, let us look at what a loan originator is.

LOAN ORIGINATORS AT MONESTRO

Are you ready to save some extra money for your dreams to come true? Start investing in P2P lending. These loans work in a harmony with the Loan Originators of the Peer to Peer platform. In order to understand where to invest your money, let us look at what a loan originator is.

Are you ready to save some extra money for your dreams to come true? Start investing in P2P lending.

These loans work in a harmony with the Loan Originators of the Peer to Peer platform. In order to understand where to invest your money, let us look at what a loan originator is.

What is a Loan Originator?

what is a loan originator

A Loan Originator is an entity that plays the role of a middle-man in the loan process. In other words, it is the LO’s job to look for and reach the borrowers. Not only this but also, the LO ensures that the background check and documentation of the borrower are on point.

The investor just has to choose an LO and it’s done, there is no need to worry about side hustles.

Is it really that simple?

Actually no, someone has to validate the authenticity and do the background checks of the Loan Originators. Thanks to Monestro P2P, all this hassle is taken care of by them. There is a detailed screening process that each Loan Originator has to pass before being able to board Monestro Platform. Here is all you need to know about the on-boarding process of LOs on Monestro’s platform.

Monestro has a diversified portfolio of Loan Originators. Let’s look at each one of them separately.

1. NuNu

NuNu Investment

Loan Type: Single payment consumer loan

Núnú is part of Orka ventures, a group with 10+ years of experience in providing instant online loans in the Nordics

They specialize in providing short maturity consumer financial services to the subprime and near prime segments. Their approach to risk management is fully-automated and data driven.

Position Result
Internal procedures 91%
Portfolio 80%
Financials 31%

 

NuNu investment

2. SIA DSA Invest

DSA SIA Investment

Loan Type: Consumer loan, Transport pledge loan

They hold an experience in credit provisions in Latvia over a decade. Initially starting with transport pledge loans, SIA DSA Invest introduced 6-36 month consumer non-banking loans in times of massive short-term SMS credit loan growth in the Baltic region.

Strictly unique and individual semi automated credit application scoring system

An experienced and success-driven team of professionals proficient in legal pitfalls in the short-term credit industry contribute to DSA INVEST over a decade of regular membership in the Latvian non-banking credit provision market.

SUBSIDIARY COMPANIES’ LEGAL COOPERATION IN INKASSO AND DEBT RECOVERY PROCESS AUTOMATION

Direct debt management and the recovery system decrease the actual procedure to the minimum time value limits. Manually authorized individual loan applications eliminate only a part of the credit risk. The use of credit-scoring applications during the issue of short-term consumer loans in the Baltic region has decreased the default rate.

Position Result
Internal procedures 69%
Portfolio 47%
Financials 47%

 

DSA SIA Investment.

3. Prasiskolinau.it

Prasiskolinau.it.

Loan Type: Consumer loan

Credit Consulting Services UAB was founded in 2009 in Lithuania by Lithuanian citizen. Since then Company issues personal loans as well as refinancing products to Lithuanian residents. Company operates under the supervision of the Bank of Lithuania. Credit Consulting Services UAB is known under the brand name Prasiskolinau.lt. Company also provides consulting services for clients with difficult financial position represent them in conversations with debt collectors and helps to find best possible solution by refinancing existing loan liabilities.

Position Result
Internal procedures 47%
Portfolio 42%
Financials 81%

 

Prasiskolinau.it

4. Punk Finance (OÜ Fresh Finance)

Punk Finance

Loan Type: Consumer loan, credit line, refinancing loan

Fresh Finance Group is a Pan-Baltic group of licensed credit providing companies specializing in direct consumer financing, white label financing solutions and financial technology development. Fresh Finance group of companies operate under the “Punk Finance” brand. By combining financing operations with new technology, financial markets infrastructure and debt management function of PlusPlus Capital, it yields a unique synergy within the group of companies.

Position Result
Internal procedures 85%
Portfolio 71%
Financials 58%

 

Punk Finance..

5. Punk Finance (UAB Fresh Finance)

Punk Finance

Loan Type: Consumer loan, credit line, refinancing loan

Consumer finance markets in the Baltics are dominated by the (Scandinavian) banks. Risk appetite of those banks is relatively low leaving hundreds of thousands of people unfunded who are looking for the most basic financial services.

Position Result
Internal procedures 85%
Portfolio 71%
Financials 31%

 

Punk Finance - Monestro

Learn more about Loan Originators and start investing now.

6 MONESTRO REVIEWS BY BLOGGERS

Monestro is becoming people’s favourite P2P platform. They are sharing their experiences, reviews, and comments about Monestro on various social media platforms.

MONESTRO GETS A SHOUTOUT FROM FIFIFINANCE

Monestro’s peer to peer platform has been gaining constant popularity since last year. Its latest features, improved security system and transparency are the driving factors that are making Monestro everyone’s favorite.

PODCAST WITH DELFI | READ THE ARTCILE ABOUT INVESTING IN LOANS

“When we think about investing, we generally think about converting money into certain currencies. Whether buying gold, investing in real estate or subscribing for shares, why not earn revenue by lending your money? The new investment platform Monestro offers such an opportunity”.

MONESTRO COLLABORATES WITH WISERFUNDING

Monestro is pleased to collaborate with Wiserfunding, an external report generating tool provider, to give its client access to more information they need in order to invest their money. As Monestro is always striving to strengthen its trust with its clients, this is just another step towards it.

Would you like to give it a shot?

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