Episode 8 I €100 million Special
Update: 2024-06-14
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!
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