Swaper launches loyalty bonus competition as it celebrates 7th birthday
Peer-to-peer lending marketplace Swaper has launched a “loyalty bonus giveaway” for lucky investors to celebrate its seventh birthday.
The Estonia-based platform has asked users to register between 6 and 29 October and deposit at least €100 (£86.35) during the campaign period, to be in with a chance of winning a six-month loyalty bonus starting from 1 November.
Existing Swaper customers who refer a friend during the campaign period are also eligible for the loyalty bonus.
There will be three winners among new customers and three winners among existing users who refer a friend.
Read more: Swaper hails P2P as answer to market volatility
Swaper’s loyalty bonus gives users an additional two per cent interest on new investments, according to its website.
The winners will be determined by a raffle of all eligible participants and their first name and last name’s initial will be published on the campaign page by 1 November, Swaper said.
In a separate update, Swaper revealed that its investors funded nearly €12.1m of loans in September, down from around €12.91m in August and nearly €11.68m in July.
By the end of September, investors had collectively earned €6.9m in interest, Swaper said, while total cumulative investments grew to €454.8m.