TWINO
TWINO is a Latvia-based, EU-regulated investment platform serving 60,000+ European retail investors with asset-backed securities, liquid FLEXI products, and real estate securities under Latvijas Banka supervision.
- Company typePrivate
- Founded2015
- HeadquartersRiga, Latvia
- Headcount101–250
- GTM typeB2C
- OfferingServices
What TWINO does
TWINO operates as a regulated alternative investment platform headquartered in Riga, Latvia, serving European retail investors with asset-backed securities and related investment products. Founded in 2009 with P2P lending operations commencing in 2015, the company has grown to serve over 60,000 investors across 11 EU/EEA countries under passporting approval, with €1.3 billion+ in cumulative loans issued since inception. The core customer is individual retail investors seeking alternative investments with fixed returns, accessible from a €10 minimum entry point.
The platform's product portfolio comprises three core investment lines: Loan Securities (asset-backed securities with 3-12 month fixed terms and returns up to 12%, backed by real consumer and business loans originated by partners such as Netcredit in Poland), FLEXI (a liquid investment solution launched April 2026 offering 6% annual returns with daily liquidity and instant withdrawal), and Real Estate Securities (launched August 2023, backed by rental property assets). Technology infrastructure includes proprietary risk management and credit scoring algorithms developed over 10+ years, automated Auto-Invest portfolio allocation, a Secondary Market for early exit (with 29.9% discount/4.9% premium caps), and integration with Nasdaq CSD SE for security issuance. The firm operates under Latvijas Banka supervision (License No. 27-55/2025/7) with MiFID II compliance, segregated investor accounts, Investor Compensation Scheme coverage up to €20,000, and MiCA authorization granted June 4, 2026 for crypto-asset services.
TWINO's business model is primarily transaction-based, earning through the spread between investor returns (up to 12%) and underlying loan interest rates plus servicing fees, supplemented by ancillary recurring and transactional fees including inactivity charges (up to €10/month on dormant accounts) and €35 non-EU/EEA withdrawal fees. Distribution is fully digital via a self-serve DTC model operating through the twino.eu web platform (available in English, German, Latvian, and Spanish) and native iOS/Android mobile apps, supported by content marketing, social media presence, and event participation such as INVEST Stuttgart. The company is founder-owned and controlled by Armands Broks with no external institutional investors or PE/VC funding rounds disclosed.
TWINO firmographics
Firmographics- Name
- TWINO
- Legal name
- AS TWINO Investments
- Website
- https://twino.eu
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- TWINO is a Latvia-based, EU-regulated investment platform serving 60,000+ European retail investors with asset-backed securities, liquid FLEXI products, and real estate securities under Latvijas Banka supervision.
- Ownership category
- akta.pro rank
TWINO industry classification
Industry- Product category
- Alternative Investment Platform
- NAICS
- Investment Banking and Securities Intermediation (523150), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211), Asset-Backed Securities (6189)
- akta.pro primary industry
- Asset-Backed Securities (ABS) (FSACACAA)
- akta.pro secondary industries
- P2P Credit Lines / Revolving Marketplace Lending (FSAKAHAK), P2P Secondary Market / Note Trading Platforms (FSAKAHAM), Lending Protocol Infrastructure (Oracles, Rate Models, Vaults) (FSADAFAN)
Keywords
Where TWINO is headquartered
LocationHeadquarters
- HQ city
- Riga
- HQ country
- Latvia
- HQ region
- Europe
Offices1 record
Markets served
TWINO business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Others
Revenue model
- Asset-Backed Securities Investment Returns: TWINO facilitates investment in loan-backed securities, generating returns for investors from borrower repayments. The platform earns revenue through the spread between investor returns (up to 12%) and underlying loan interest rates, as well as transaction/servicing fees.
- Inactivity Fees: Accounts inactive for 6+ months are charged up to €10 per month. Category A (no active investments) pays until balance reaches €0. Category B (has active investments) pays €10/month with protections for balances under €50 or 15% of portfolio.
- Non-EU/EEA Withdrawal Fees: Withdrawals and refunds to bank accounts outside EU/EEA incur a €35 fee as part of the EUR-based account structure transition.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Monthly | Loan Securities with fixed terms and returns up to 12% |
| Transaction based/ take rate | Pay-as-you-go | FLEXI flexible investment with 6% annual return |
| Transaction based/ take rate | Pay-as-you-go | Secondary Market Trading |
| Subscription | Monthly | Inactivity Fee |
| Other | Pay-as-you-go | Non-EU/EEA Withdrawal Fee |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
TWINO product offering
Product offeringCore offering
TWINO operates a regulated alternative investment platform that enables European retail investors to invest in asset-backed securities (ABS) backed by real consumer and business loans, with fixed terms (3, 6, or 12 months) and returns of up to 12%. The platform offers Loan Securities, a flexible FLEXI product (6% annual return with daily liquidity), Real Estate Securities, automated investing via Auto-Invest, and a Secondary Market for early exit, all distributed through web and mobile channels under EU regulatory supervision by Latvijas Banka.
Product overview
TWINO operates as a regulated alternative investment platform offering a portfolio of asset-backed investment products. The core offerings include Loan Securities (asset-backed securities backed by consumer/business loans with returns up to 12%) and FLEXI (a liquid investment solution with 6% annual returns and instant access to funds). The platform also provides Real Estate Securities for rental property exposure, enhanced by automated investing tools (Auto-Invest) for portfolio management and a Secondary Market for early exit. Products are distributed through web and mobile applications, all supervised by Latvijas Banka under EU regulations.
Differentiator
Problem solved
Functional benefit
Brands
- FLEXI: A flexible, highly liquid investment solution backed by assets, offering a fixed 6% annual return with instant access to funds. Designed as an alternative to low-yield savings accounts in Europe.
- Loan Securities
Products and services
- Loan Securities Asset-backed securities (ABS) backed by consumer and business loans, offering fixed returns of up to 12% with terms of 3, 6, or 12 months. Each security is backed by real loans, generating predictable income from borrower repayments. Targeted at European retail investors seeking fixed-term alternative investments.
- FLEXI Highly liquid, regulated investment solution offering a fixed 6% annual return with daily interest accrual. Funds remain fully accessible for withdrawal anytime without lock-in periods. Investment is placed in 12-month asset-backed securities linked to consumer loans (Netcredit portfolio in Poland). Minimum €10, maximum €10,000 per investor. Designed for retail investors seeking an alternative to low-yield savings accounts.
- Real Estate Securities Investment securities backed by rental property assets, enabling investors to gain exposure to real estate without directly purchasing property. Available to retail investors on the TWINO platform.
- TWINO Mobile App Mobile application for iOS (App Store) and Android (Google Play) enabling retail investors to manage their TWINO investments on the go, including portfolio tracking, deposits, withdrawals, and Auto-Invest configuration.
Quantifiable outcome
- €1.3 billion+ in loans issued since inception
- +5 more outcomes
Companies that use TWINO
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles1 record
TWINO technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
TWINO partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and minor.
- Netcredit (Fincard Sp. z.o.o.)coreNetcredit is the loan originator providing consumer loans in Poland that back TWINO's FLEXI investment product. Loans originated by Netcredit are linked to asset-backed securities distributed through TWINO's regulated platform. TWINO Flexi investments are issued as 12-month ABS linked to Netcredit's consumer loan portfolio.
- Latvian Blockchain Association (LBAA)minorTWINO officially joined the Latvian Blockchain Association, a community dedicated to educating, accelerating, and expanding blockchain possibilities in Latvia and across the EU.
- The Fintech District (Italy)minorTWINO joined The Fintech District, Italy's leading community for fintech innovation, as part of expansion and ecosystem engagement.
- OPEN Radošais CentrsminorTWINO supports OPEN Radošais Centrs, a Latvian non-profit organisation running creative centres for at-risk youth across Latvia.
- SSE Riga Alumni AssociationminorTWINO supports initiatives through the Stockholm School of Economics Riga Alumni Association, as partners who believe in what is being built.
- FinQuest CoopetitionminorTWINO participated as a challenge partner in FinQuest 2026, supporting the next generation of financial thinkers.
- Nasdaq CSD SEcoreNasdaq CSD SE coordinates the security issuance process for TWINO's investment products. TWINO must coordinate security issuance with Nasdaq CSD SE for each series of securities.
- AI Salon RigaminorCEO Nauris Bloks participated in AI Salon Riga to share perspectives on AI adoption in finance.
- Invest StuttgartminorTWINO participates annually in INVEST Stuttgart conference as part of the Latvian delegation supported by LIAA (Investment and Development Agency of Latvia).
- Latvijas Banka (Bank of Latvia)coreTWINO is a licensed investment brokerage firm supervised by Latvijas Banka, operating under License No. 27-55/2025/7. Latvijas Banka provides regulatory oversight and investor protection frameworks.
- Latvijas Banka / FCMCcoreTWINO operates under strict regulatory requirements monitored by the Financial and Capital Market Commission (FCMC) of Latvia, ensuring MiFID II compliance and investor protection.
Scale indicators9 records
Recent moves8 records
Expansion highlights5 records
TWINO competitors and assessment
Company assessmentDirect peers
- Bondora: Bondora is an Estonia-headquartered P2P lending platform offering European retail investors returns from consumer loans via a self-serve platform. Comparable to TWINO in pan-European distribution, consumer-loan ABS focus, and self-serve investor experience.
- PeerBerry: PeerBerry operates a P2P marketplace backed primarily by short-term consumer and business loans, headquartered in Lithuania. Closely comparable to TWINO's consumer-loan-backed investment products and Continental European positioning.
- Debitum Securities: Debitum is a Latvia-based P2P investment platform offering loans to SMEs and asset-backed investment products to retail and institutional investors. Comparable to TWINO in Baltic origin, asset-backed structure, and European retail target market.
- EstateGuru: EstateGuru is a European P2P platform specializing in real estate-backed investments, allowing investors to fund property loans. Comparable to TWINO's Real Estate Securities and broader P2P marketplace lending model.
- Robocash: Robocash Group operates multiple P2P platforms (including Robocash and MyConstant) focused on consumer loan-backed investments across Europe and Asia. Comparable to TWINO in originating and distributing consumer loan investment products to retail investors.
- Income Marketplace: Income Marketplace is a Latvia-based investment platform offering loans to SMEs and asset-backed notes to retail investors. Operates within TWINO's home market with adjacent business model.
- Mintos: Mintos is the largest Latvia-based P2P / marketplace lending platform, offering retail investors diversified loan-backed investments across multiple originators. Directly comparable to TWINO in regulatory standing, product structure (loan notes), and target European retail investor base.
Broad incumbents
- Younited Credit: Younited is a French-regulated consumer credit platform offering both loans and investment products to retail investors across Europe. Comparable in European footprint and regulated credit-investment distribution, though broader in product scope.
- Funding Circle: Funding Circle is a UK-listed P2P / marketplace lending platform connecting institutional and retail investors with SME loans. Comparable as a regulated marketplace lender offering loan-backed investments to retail investors in a pan-European context.
Regional players
- Lenndy: Lenndy is a Lithuania-based P2P lending platform focused on SME and consumer loan-backed investments. Comparable in product structure and Baltic/European retail focus though operationally smaller in geographic scope.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
TWINO social profiles
Digital presenceTWINO compliance and trust
Trust signalCompliance6 records
TWINO financial estimates
Financial estimateRevenue estimate
Valuation estimate
TWINO leadership team
Management profileNumber of profiles
Profiles6 records
TWINO subsidiaries and ownership
Company hierarchySubsidiaries2 records
TWINO funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TWINO M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TWINO
What does TWINO do?
TWINO operates a regulated alternative investment platform that enables European retail investors to invest in asset-backed securities (ABS) backed by real consumer and business loans, with fixed terms (3, 6, or 12 months) and returns of up to 12%. The platform offers Loan Securities, a flexible FLEXI product (6% annual return with daily liquidity), Real Estate Securities, automated investing via Auto-Invest, and a Secondary Market for early exit, all distributed through web and mobile channels under EU regulatory supervision by Latvijas Banka.
Is TWINO a public or private company?
TWINO is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was TWINO founded?
TWINO was founded in 2015. It employs 101 to 250 people.
Where is TWINO based?
TWINO is headquartered in Riga, Latvia, in the Europe region.
How does TWINO make money?
Three revenue lines are on record. Asset-Backed Securities Investment Returns are the primary driver. The others are inactivity Fees and non-EU/EEA Withdrawal Fees.
Who are TWINO's main competitors?
Direct peers on record are Bondora, PeerBerry, Debitum Securities, EstateGuru, Robocash, Income Marketplace and Mintos. Broad incumbents are Younited Credit and Funding Circle. Lenndy is listed as a regional player.
Does TWINO have an API?
No public API is recorded for TWINO.
What industry is TWINO in?
TWINO's product category is Alternative Investment Platform. Its primary akta.pro industry code is FSACACAA, Asset-Backed Securities (ABS), with a secondary code of FSAKAHAK, P2P Credit Lines / Revolving Marketplace Lending. Its NAICS code is 523150 and its SIC code is 6211.