Monify joins Viventor. Monify is the fastest SME Lender in Baltics & Poland. Company lends money in 1 hour up to 100’000 EUR to business against personal guarantee of the owner. Since 2017, they have lent more than 12 million EUR loans and has helped 600+ customers to solve their working capital problems.
Monify uses up-to-date in-house developed solution that helps to score customers and sign loan agreements automatically. Monify is a Joint-Stock company registered in Latvia with a share capital of 1 million EUR and current oustanding loan portfolio of 4.6 million EUR. With headquarter office in Riga and 16 employees. Since 2017 lender has been cooperating with several p2p platforms and today it decided to expand its partners circle to be able to grow quicker.
Monify loans on Viventor marketplace
Monify will offer its installment loans with maturities up to 12 months. The company will maintain 5% skin in the game stake every single loan and start by offering an introductory return of 16% p.a.