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02/06/2021
Sneakypeer Newsletter Week 22
Welcome back to the Sneakypeer newsletter! Below you will find industry news from last week.
Monestro last week has updated their webpage design and also they have a new Chief Executive Officer - Johan Orsingher, with a 10-year experience in IT and Finance industry.
Creditstar Group successfully issued bonds of a total of 23,57 million euros with maturities of 18 and 36 months. We have added a fragment from their webpage where you can see the summary of the upcoming issue terms:
Eleving Group, known as Mogo Finance Group, has shown appealing results - Groups companies earned 33,6 million euros in revenue from 14 countries and their EBITDA increased by 65% to 14.5 million euros.
Atom Bank and Funding Circle have announced a 300 million pound lending partnership. Atom will apply the platforms' machine learning capabilities to deploy new funding for 4000 small to medium United Kingdom businesses. This latest commitment brings Atoms total lending with Funding Circle now stands at 650 million pounds.
Bondora plans a budgeting tool as it achieves a 43% rise in profits. In 2021, the platform expects its originators in Spain to resume and plans to expand into a new European market.
This morning we sent a Monitoring email to our users with an alert about LendSecured tax debt, but they were quick and sent us an email with proof of payment that it has been paid.
Mintos
