TWINO

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.

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

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

• Alternative investment platform
• Asset-backed securities
• Peer-to-peer lending
• Retail investment brokerage
• Consumer loan investments

Headquarters

HQ city

Riga

HQ country

Latvia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. 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.
2. 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.
3. 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

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core 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

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• Netcredit (Fincard Sp. z.o.o.)coreTechnology or IntegrationNetcredit 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)minorOthersTWINO 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)minorOthersTWINO joined The Fintech District, Italy's leading community for fintech innovation, as part of expansion and ecosystem engagement.
• OPEN Radošais CentrsminorOthersTWINO supports OPEN Radošais Centrs, a Latvian non-profit organisation running creative centres for at-risk youth across Latvia.
• SSE Riga Alumni AssociationminorOthersTWINO supports initiatives through the Stockholm School of Economics Riga Alumni Association, as partners who believe in what is being built.
• FinQuest CoopetitionminorOthersTWINO participated as a challenge partner in FinQuest 2026, supporting the next generation of financial thinkers.
• Nasdaq CSD SEcoreTechnology or IntegrationNasdaq 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 RigaminorOthersCEO Nauris Bloks participated in AI Salon Riga to share perspectives on AI adoption in finance.
• Invest StuttgartminorOthersTWINO 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)coreOthersTWINO 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 / FCMCcoreOthersTWINO 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

Direct 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

• Facebookfacebook.com/TWINOeu
• LinkedInlinkedin.com/company/twino
• Instagraminstagram.com/twino_eu

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TWINO