DiscoverIncome InsightsEpisode 8 I €100 million Special
Episode 8 I €100 million Special

Episode 8 I €100 million Special

Update: 2024-06-14
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Description

Milestone Celebration: Income Marketplace has facilitated over 100 million euros in loans.

Origin Story: Established in July 2020 amidst the pandemic; launched in January 2021.

Key Challenges:

  • Initial slow growth
  • Click Cash default in November 2022
  • Repayment delays from VIVUS and Juancho Te presta in 2023

Leadership Transition: Lavrenti Tsudakov's journey from product manager to CEO.

Future Plans:

  • Introduction of new products (NPLs, credit lines)
  • Expanding the loan originator pipeline
  • System performance optimizations
  • Strategic aim for profitability and regulatory compliance

Current Status:

  • Loans under management: 13 million euros
  • Strong loan originator pipeline with active offers

Outlook: Positive growth prospects, focus on investor confidence and operational excellence.


Tune in for more engaging discussions in future episodes of Income Insights!

 

Learn more about the Podcast: https://getincome.com/blog/podcast/

New to Income? Sign up with a bonus: https://getincome.com/register?ref_code=R5BE1F

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Episode 8 I €100 million Special

Episode 8 I €100 million Special

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