Fintown reaches €2m milestone
European peer-to-peer platform Fintown has hit the €2m (£1.7m) investment milestone.
The new milestone comes less than two months since the platform reached €1m of investments.
“…We are proud of our investors who have chosen Fintown as their investment platform. We would like to sincerely thank our investors for being an important part of our community and helping us achieve this goal,” the company wrote on its website.
Read more: Fintown hits €1m investment milestone
According to the group’s latest update, its total portfolio value was €1.36m as of September. It had no late or in default funds and investors had accumulated €19,907 in interest.
It also said that many of its investors have preferred to reinvest their earnings immediately.
Read more: Fintown portfolio value soars in September
Read more: Fintown sees portfolio hit €826k with no defaults