Income reaches milestone 100 million euros

Estonian investment platform Income has reached a milestone. It has facilitated 100 million euros in investments into loans. It was able to do this within 4 years, since it was founded in 2020. The platform is currently managing 12 million euros in active outstanding investments.

Income is an is an investment platform from Estonia. Users can invest in loans through the company’s marketplace. Income itself does not extend credit, the loans that are displayed on the marketplace come from several loan originators. These originators specialize in lending to fintech companies.

12 million euros in outstanding loans

Users can start investing from 10 euros. Loans on the marketplace come with a buyback obligation, which means that if a loan is more than 60 days late, it will be bought back from investors. According to the platform, this makes it easier for investors to generate a passive income.

The platform currently has more than 7,500 investors in total

Now, the company has announced that it has facilitated 100 million euros into loans, in total. Income currently has more than 7,500 investors and it is now managing 12 million euros in active outstanding investments.

‘Earned trust of investors’

“Over the last 3.5 years, from our early trials to establishing a strong market presence, we have earned the trust of our investors and become a key funding partner for fintechs. This milestone indicates our team’s capability and dedication, consistently delivering results despite challenging times”, said Lavrenti Tsudakov, CEO.

‘We plan to introduce new products, expand into new markets and onboard more loan originators’

“Looking ahead, I am excited about the future. We plan to introduce new products, onboard more loan originators, and expand into new markets. Our commitment to transparency and growth remains steadfast, as these values are at the core of everything we do. I am incredibly grateful for the support of our community—your trust in us is what makes our journey so rewarding.”