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LTV: Latvian-based "Grupeer" has left thousands of investors high and dry / Article / Eng.lsm.lv - Vimarsana News

LTV: Latvian-based "Grupeer" has left thousands of investors high and dry / Article / Eng.lsm.lv

(LTV analītiskais raidījums) The closure of several online investment platforms in the Baltics a year ago continues to cast a dark shadow over the fintech industry. According to LTV's program "De Facto" aired April 18, the Latvian-based platform “Grupeer” still has not managed to return tens of millions of euros to foreign investors. “Grupeer” was founded as a meeting place for investors and lending companies. The platform helped attract funds from investors, which were further lent by “Grupeer's” partners to their clients. In this way, thousands of f...

Source: eng.lsm.lv