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Latvian P2P Lender Grupeer Reveals it has Received Some "Positive" News from Legal Team


Latvian P2P lender
Grupeer reveals that they’ve received some “positive” news from their legal team (on March 31, 2021). According to Grupeer, this is a time to be “cautiously optimistic.”
The Grupeer team writes in a blog post that they had begun legal enforcement proceedings against loan originators for repayment of “extended loans.” As noted by the peer-to-peer lender, 29.03.2021 was “a return date for the defendant in the arbitration proceedings against one of the major loan originators (top 3 in terms of the amount of borrowed funds).” Grupeer added that given the history of rather challenging or difficult negotiations with this borrower (which reportedly forced them to begin legal proceedings), they “expected an aggressive position.” ....

Pozyczka Pieniedzy , Ellex Klavins , Revenue Service Of Latvian Republic , Loan Originators , State Revenue Service , Latvian Republic , வருவாய் சேவை ஆஃப் லாட்வியன் குடியரசு , கடன் ஒரிஜிநேடர்ஸ் , நிலை வருவாய் சேவை , லாட்வியன் குடியரசு ,

Latvian P2P Lender Grupeer Reports that they've Prepared Most of the Paperwork to Begin Legal Enforcement of Collecting Loans


Latvia-based peer to peer (P2P) lender
Grupeer noted on February 19, 2021 that last year, they had informed everyone that they were planning to “aggressively” pursue claims against the Loan Originators that were in default.
Grupeer confirmed that they had prepared “most of the necessary paperwork” to begin legal enforcement of the loans and “to return the money to investors.”
The recent update from Grupeer also mentions that they have put their plans “on hold” because of “the insolvency applications made by several investors.” While the possibility of the firms involved to be declared insolvent was “small,” for legal reasons we “could not proceed with filing claims against the Loan Originators,” the Grupeer team claims. ....

Ellex Klavins , Revenue Service Of Latvian Republic , Loan Originators , State Revenue Service , Latvian Republic , வருவாய் சேவை ஆஃப் லாட்வியன் குடியரசு , கடன் ஒரிஜிநேடர்ஸ் , நிலை வருவாய் சேவை , லாட்வியன் குடியரசு ,

Robocash Reports that 40% of Investors Allocated Over €20,000 on P2P Platforms, According to a New Survey


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Robocash Reports that 40% of Investors Allocated Over €20,000 on P2P Platforms, According to a New Survey
December 20, 2020 @ 4:13 pm By Omar Faridi
Robo.cash, a peer to peer (P2P) lending marketplace, has revealed that 40% of investors have “allocated over €20,000 on P2P platforms.”
As mentioned in an update shared with CI, a recent survey carried out by the European P2P platform Robo.cash found that 2 out of 5 investors or 40% hold at least €20,000 on P2P lending platforms. According to Robo.cash, this indicates that investors are confident in the segment despite the socioeconomic uncertainty created by the COVID-19 pandemic. ....

United Kingdom , Metro Bank , Robocash Group , Revenue Service Of Latvian Republic , State Revenue Service , Latvian Republic , ஒன்றுபட்டது கிஂக்டம் , மெட்ரோ வங்கி , வருவாய் சேவை ஆஃப் லாட்வியன் குடியரசு , நிலை வருவாய் சேவை , லாட்வியன் குடியரசு ,