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Post by kristjan on Jun 1, 2016 11:35:23 GMT
Investly Holding OÜ has decided to start participating in invoice auctions. This will further help us align our interests with those of investors. We're also happy to announce that we received the Crowdfunding Best Practice label from Finance Estonia and Deloitte Legal. For more details please see our blog. |
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shimself
Member of DD Central
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Post by shimself on Sept 22, 2016 10:41:08 GMT
Investly Holding OÜ has decided to start participating in invoice auctions. This will further help us align our interests with those of investors. We're also happy to announce that we received the Crowdfunding Best Practice label from Finance Estonia and Deloitte Legal. For more details please see our blog. I asked by email how this was working out, and the answer is hardly at all. Because the strategy does not allow us to bid down it means we have taken part in only a limited number of auctions. Currently we are invested in one auction only.
In terms of our skin in the game it bears mentioning that we receive our service fee only when the invoice gets paid, not earlier as with most P2P consumer and business loan platforms.
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