Gielen acquires Viventor. What are your thoughts? (Viventor)

frederickm
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Gielen acquires Viventor. What are your thoughts? (Viventor) Aug 12, 2020 11:44:40 GMT david42 likes this

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Post by frederickm on Aug 12, 2020 11:44:40 GMT

Hello!

Not recent news, but "Gielen Group" (Which also owns Atlantis Financiers) has acquired "Viventor" on June 11th. What are your thoughts about this acquisition? Do you think that it gives more credibility for Viventor, now as it is owned by Dutch investors?

More information: www.viventor.com/blog/posts/dutch-fintech-investor-acquires-viventor-peer-to-peer-investment-platform

Last Edit: Aug 14, 2020 14:43:40 GMT by Ton ⓉⓞⓃ: To add "Viventor" to the title

shimself
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Gielen acquires Viventor. What are your thoughts? (Viventor) Aug 12, 2020 13:41:24 GMT

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Post by shimself on Aug 12, 2020 13:41:24 GMT

Aug 12, 2020 11:44:40 GMT frederickm said:

Hello!

Not recent news, but "Gielen Group" (Which also owns Atlantis Financiers) has acquired "Viventor" on June 11th. What are your thoughts about this acquisition? Do you think that it gives more credibility for Viventor, now as it is owned by Dutch investors?

More information: www.viventor.com/blog/posts/dutch-fintech-investor-acquires-viventor-peer-to-peer-investment-platform

As the previous owner was a Russian casino owner I had decided that it didn't fit my criteria (ha ha ha, they don't make bargepoles long enough). So maybe it does

Interests declared:
I have shares in Assetz, Syndicate Room, The Housecrowd.
They are as nothing compared to my investments on and reliance on the good health of many other platforms here.

geldregiertdiewelt

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Gielen acquires Viventor. What are your thoughts? (Viventor) Aug 12, 2020 17:30:51 GMT

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Post by geldregiertdiewelt on Aug 12, 2020 17:30:51 GMT

Aug 12, 2020 11:44:40 GMT frederickm said:

Hello!

Not recent news, but "Gielen Group" (Which also owns Atlantis Financiers) has acquired "Viventor" on June 11th. What are your thoughts about this acquisition? Do you think that it gives more credibility for Viventor, now as it is owned by Dutch investors?

More information: www.viventor.com/blog/posts/dutch-fintech-investor-acquires-viventor-peer-to-peer-investment-platform

A platform that is not in oligarch hands is definitely an worth a look. Let's see how their roster of LOs develops.

shimself
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Gielen acquires Viventor. What are your thoughts? (Viventor) Aug 13, 2020 12:21:57 GMT michaelc likes this

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Post by shimself on Aug 13, 2020 12:21:57 GMT

So OK I looked at the mortgage backed loans (all 3 of them), in Spain by Seymoure the subsidiary of Prestamos. All very Spanish. Super LTVs. But looking at Prestamos you discover they are Lithuanian, with a pair of brothers at the helm. The MD of "twinero" has a facebook which puts her in every(?) continent of the world inside the last 3 years, while doing an MBA. Buggerit.

Interests declared:
I have shares in Assetz, Syndicate Room, The Housecrowd.
They are as nothing compared to my investments on and reliance on the good health of many other platforms here.

valueinvestor1234
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Gielen acquires Viventor. What are your thoughts? (Viventor) Sept 25, 2020 17:22:52 GMT

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Post by valueinvestor1234 on Sept 25, 2020 17:22:52 GMT

Apparently the Dutch company sees potential in the platform. This is a big plus when the westerners put trust in easterners. P2P market is over-saturated with many players and surviving in the tough competition is awfully difficult. If a platform does not make any mistakes and attracts institutional backup it may fare quite well. Otherwise, most platforms learn through trial and error. So, I think it is a good thing that the Dutch bought Viventor. I also expect good to come out of new loan originators coming onboard: they look good to me