Twino war fast zeitgleich mit Mintos* die zweite ausländische Plattform, auf der ich vor dreieinhalb Jahren aktiv wurde. Schon in meinem. Aktueller Stand, Rendite (XIRR). Oktober , + 20,3 %. September , + 20,1 %. August , + 19,9 %. Juli , + 19,8 %. Juni , + 19,6 %. Mai No fees for investors. Term as little as 1 month. Invest today with as little as €
Twino: Mein Abschied nach dreieinhalb JahrenAktueller Stand, Rendite (XIRR). Oktober , + 20,3 %. September , + 20,1 %. August , + 19,9 %. Juli , + 19,8 %. Juni , + 19,6 %. Mai Twino ist ebenso wie Mintos, Bondora, Auxmoney etc. eine Plattform für P2P-Kredite. Allerdings. No fees for investors. Term as little as 1 month. Invest today with as little as €
Twino P2p Twino has been struggling VideoReview of the Peer-to-Peer Lending Platform Twino
Investors funds are protected in loans by virtue of two different buy-back grades. The difference of which seems rather small, as Twino explains on its site: one simply buys back the bad loans, the other keeps on servicing the bad loans.
It should be noted as well that like all supposed protection funds, the protection is only as good as the company that offers it.
This is different from the Financial Services Compensation Scheme or equivalent which does not cover you for investment losses, but will do on platform failure.
There is no provision for funds in terms of platform failure. Neither is it detailed what might happen if the Twino platform ceased to exist.
In many cases the administration of the loans would be taken over by another company specifically designed for this event.
With Twino operating in a different territory there is no certainty that this can be the case. The lack of regulative regime or transparency has led me to be a bit cautious here, and as such my balance is much smaller than it is at Mintos although not regulated either, have better statistics.
Cash drag is a tax on your returns as it earns nothing while you are waiting. Twino did have the position to be a major player, but other platforms have outgrown it and offer a far more diverse set of loans.
However in recent times it has shown something of a comeback and cash drag issues have improved. Please research before you invest with any firm.
Typically P2P investments are not covered by the Financial Services Compensation Scheme FSCS in the way bank deposits are, and there are no guarantees that you will receive the returns advertised or even a return at all.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website.
These cookies do not store any personal information. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies.
It is mandatory to procure user consent prior to running these cookies on your website. Consequently, different types of loans are available for investing at the platform, and they are primarily categorized as follows:.
The loans can be listed in different currencies because Twino originates loans from multiple countries, which means that the exchange rate should be taken into account.
The good thing though, is that the platform will automatically convert the loan funds into your account currency GBP or EUR.
Moreover, there is a secondary market for Twino loans, meaning that you can sell and buy loans at any time with investors.
The downside to having a secondary market is that there is no clearly defined section for this market and loans labeled as default cannot be sold in this market.
It makes it much easier to handle. Using the auto-invest option you can reinvest your profit hassle-free by defining the amount of money invested in a loan, the desired interest rate as well as other investment preferences for selection of the adequate loans.
Of course, any time you want, you can invest manually by stopping or canceling the auto investment option. I particularly like the portfolio builder option, which enables you to invest in multiple loans at once.
The good thing is that the process is quite simple, you need to define your selection criteria, and the system will display all loans satisfying the specified criteria.
Another aspect I like about the Twino platform is that it gives specific statuses to loans that increase transparency and is easing the investment decision.
The loan can take any of the five types of status: current, extended, delayed, defaulted and recovered.
While loans with payment guarantee and ratings A, B and C will have the status for a late repayment from 1 to 30 days and from 1 to 45 days respectively.
Nevertheless, a late repayment of more than 30 days for loans with payment guarantee and more than 45 days for loans A, B and C rating loans, will be marked with the status defaulted.
Twino offers two types of protection for its investors, the buyback guarantee and the payment guarantee. Investing in loans with buyback guarantee would mean that the investor will be compensated with the initial investment in the loans as well as the interest along with any accrued interest in circumstances when the borrower fails to repay for more than 60 days.
I find the second type of protection scheme offered by the platform pretty interesting because, with the payment guarantee, you will receive the principal amount and the interest following the original repayment schedule.
Hence, the repayment process will continue even if the borrower is late with the payments, and this guarantee is valid until the loan maturity.
So, this would mean that we, as investors, would receive our initial investment plus any agreed interest from loans with this type of guarantee.
The platform has made it rather easy for investors to identify the type of protection available on different loans, by assigning the appropriate icon to each loan.
The battle for attracting new investors and borrowers while keeping the risk levels at a satisfactory level has imposed the need for P2P platforms to make a more in-depth analysis of their borrowers.
I like this system because loans available on the platform have their rating, which is based on the internal evaluation of the risks associated with the loan.
Consequently, by knowing the rating scale, you would immediately know the level of risk which is assigned by the platform, and you can find out if you get an interest rate that is relevant for the degree of risk.
Furthermore, loans can be assigned with either A, B or C rating, where loans with A rating have the lowest risk, whereas loans with C rating represent a high-risk investment.
For the first time in two years, we now think that Twino is a viable proposition for an investor looking to allocate a small part of their P2P portfolio to a second or third site.
Our legal page contains disclosures and the full terms and conditions of the use of the ExploreP2P site. You cannot know about new loans on the platform, and it seems that the same loans are changing hands between old and new investors.
Your email address will not be published. Notify me of new posts by email. There are 5 menus. Clearly see your portfolio, account balance and opportunities and easily make new investments, withdrawals, and deposits.
Auto Invest is the fastest way to invest your money, as well as to reinvest earned profit — you save time and can select your own criteria for all the transactions.
Auto Invest tool will automatically integrate any investment strategy of your choice. After selecting your preferred investment criteria, it automatically invests corresponding sums of money accordingly.
Auto Invest users can choose to invest manually at any time, stop using Auto Invest temporarily or completely cancel the application.
Make sure you never miss a great investment opportunity with the ability to manage your dashboard on the go. Under the BuyBack Guarantee investor protection scheme, TWINO will compensate the investors both the invested principal amount and interest, as well as pay the accrued interest in case a borrower is late with the repayment for over 30 days.
Loans with the BuyBack Guarantee are denoted with the icon. Under the Payment Guarantee investor protection scheme, TWINO will compensate both the invested principal amount and earned interest as per original loan repayment schedule, even if the borrower is late with the repayment.
The Payment Guarantee applies to the whole duration of the loan. Loans with the Payment Guarantee are denoted with the icon.