InRento reaches milestone of 20 million euros

InRento reaches milestone of 20 million euros

Lithuanian property investment platform InRento has reached the milestone of 20 million euros in investments raised. Currently, users profit from an average annual return on investment of 11 percent. “In just a few years of our history, we have managed to earn a high level of investor confidence with an increasingly strong investment performance”, says Deividas Urbanovičius, Head of Investor Relations at InRento.

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Trade Republic reached profitability in 2023

Trade Republic reached profitability in 2023

Online broker Trade Republic has generated its first net profit in its financial year to September 30th 2023. The milestone comes five years after the platform’s launch. According to the company’s founder, Christian Hecker, it now has 35 billion euros in assets under administration.

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Mintos launches investing in ETFs

Mintos launches investing in ETFs

Latvian lending platform Mintos has launched a new product: Mintos Core ETF. The platform curates a collection of ETFs, personalized to user’s profiles. By doing so, it wants to simplify the process of investing in ETFs and ensure accessibility for all types of investors.

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Monefit: ‘SmartSaver created value of 900.000 euros in a year’

Monefit: ‘SmartSaver created value of 900.000 euros in a year’

A year ago, international peer-to-peer lending platform Monefit launched its automated investment solution called SmartSaver. The solution has helped the platform create a value of 900 thousand euros within a year. “We are really happy to see that thousands of people all around the world are using Monefit SmartSaver to meet their money goals”, says Monika Niebelska, VP of Product.

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Maclear: a new Swiss P2P platform

Maclear: a new Swiss P2P platform

The recently launched peer-to-peer investing platform Maclear offers European investors the opportunity to invest in businesses based in Switzerland or the European Union. To attract more investors, it currently offers a bonus to new customers.

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Overview Dutch crowdfunding market after ECSP deadline

Overview Dutch crowdfunding market after ECSP deadline

Last Friday was the deadline for the new European Crowdfunding Service Provider deadline. Crowdfunding platforms that were not able to obtain the license are not allowed to publish new crowdfunding projects within Europe. Within the Netherlands, almost all of the biggest platforms were able to get the license in time.

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ETF market share 10% on London Stock Exchange

ETF market share 10% on London Stock Exchange

Exchange-traded funds (ETFs) have rapidly gained popularity in the United States with 30.7 percent share of market turnover in 2022. However, their growth in the United Kingdom has been comparatively slower, with an average traded value on the London Stock Exchange of 8.03 billion British pounds in September, which accounts for roughly 10 percent of total average daily turnover.

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