Last week our investment marketplace - Swaper - CEO Peteris Kisis spoke at the European Sub-Prime Credit Forum in Prague about the experiences and learnings from launching Swaper. See below the link to the full slide-deck shown during the session.
Here are some of the key points made during the session:
1) We are not the first to market, but within less than a year of operations have attracted 13 million euros in investments and are continuing to grow rapidly,
2) Key success factors to date – i) a single fixed interest rate of 12% for all investments since launch back in October 2016, ii) BuyBack guarantee for all loans listed on the platform, iii) Support for EUR, GBP, PLN investor accounts, iv) an easy to use mobile app on both Android and iOS, v) A one-click investing experience,
3) Next set of challenges – i) scaling the platform to triple in size by end of 2018, ii) building an authentic and unique brand, iii) optimizing user experience to make investing a joy.
Full slide-deck available here.