News 5: TWINO finally with figures for Russia
At the end of last week there was important news from TWINO*. They sent out an extensive newsletter to investors, which offered unusually detailed updates on all kinds of cases. Of course, the status of the Russia repayments was interesting, which you can’t really see with TWINO, as is the case with PeerBerry. It looks better here than I personally expected. More than 17% of the outstanding funds have already flowed back (over 1 million euros).
The major “Hoffmann Rezidence” project, which accounts for 16% of the entire TWINO portfolio, is also on the finish line. So the platform seems to be making progress, even if you don’t see much of it otherwise. There is also little to see of new investment opportunities at the moment, because I personally have more than 10% of my capital lying around idle. If this situation does not improve by the end of the month, I will invest the funds elsewhere.
If you want to know more about TWINO, you can read the basics in my TWINO experiences. The platform offers a general sign-up bonus of EUR 20 * from an investment of EUR 500, i.e. 4% cashback!
The Russian portfolio looks better than expected.
Then take a look at my P2P platform overview. There you will find more information and / or articles about the platforms I invest on.
