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Aforti Exchange

Aforti Finance starts cooperation with Viventor peer-to-peer lending platform

21 November 2017

Aforti Finance rendering financial services for the SME sector, has established on Monday November 20th 2017 a partnership with peer-to-peer lending platform Viventor. Viventor platform currently cooperates with nine lenders from the non-banking sector from Lithuania, Bulgaria, Spain, Netherlands and Sweden.

The peer-to-peer lending platform Viventor is one of the fastest growing companies of its kind in Central and Eastern Europe. Thanks to the cooperation with Viventor Aforti Finance will gain a new way of refinancing loans, which will effectively increase the scale of financing of micro and small businesses in Poland – declared CEO Aforti Exchange S.A., Klaudiusz Sytek

Aforti Finance offers its services throughout Poland. The company belongs to the Financial Group Aforti Holding S.A. which is listed on the Alternative Market New Connect from the Stock Exchange in Warsaw. After three quarters in 2017, consolidated revenues of the Group amounted to 29 million EUR and the net profit 267 mii EUR. At the end of the third quarter of 2017 the total assets of the Group exceeded 17.5 mln. EUR.

Viventor is a peer-to-peer lending platform from Riga which began operations in October 2015. Viventor connects investors with non-banking sector lenders allowing to finance loans both to private and institutional investors. On the Vivendor platform the investors can finance, among others mortage loans and long-term consumer loans.

Viventor platform is currently used by nearly 4000 investors from more than 30 countries mainly from Germany, Scandinavia, the Baltic states and Central Europe.  Throughout Viventor platform has been financed 30 EUR million loans.

Establishing a partnership with Vivendor loan platform is one of the elements of the Aforti Group`s development strategy which assumes diversification of funding sources and thus increase the availability of products and services.