Latest update: 13 August 2021
Viventor is now closing down
Viventor has announced that it is no longer accepting any new investments. It needed to obtain a brokerage licence to keep accepting new investments and it has decided against doing this. As a result it plans to wind down the site and return cash to investors. For full details please refer to the website of Viventor.
Viventor has an interesting selection of lenders, most of which do not appear on any other P2P sites. Several lenders offer secured loans that are backed by invoices, real estate and cars. There are also several short term unsecured lenders who provide buyback guarantees. Viventor is owned by Finstar Financial Group, which is a $2bn private equity fund that is focused on Fintech investments.
That means we will not be updating this page in the future
The purpose of this page was to help Viventor investors select the best loans. As the site no longer allows investors to select new loans, we will not be updating this page in the future, and may not contain up to date information. However, we have decided for a period to continue to make it available on our site as a reference for any Viventor investors.
Viventor lenders - key financial information
Viventor lenders - our rating scores
Several lenders are related to Viventor
Forza, Kreddy and MyCredit are all owned by a mysterious company called ‘Digital Finance International’. According to media reports it is owned by Finstar Financial Group (owner of Viventor until June 2020). However although it operates a slick looking website it provides very little information other than it operates in 14 countries in European and Asia and has assets over €70 million. However, further research has confirmed it is based in Moscow, Russia. The Digital Finance lenders all seem to be sub-scale and struggling to become viable.
In June 2020 Viventor was sold to the owners of one of its loan originators. Viventor was purchased by Lotus 597 BV, part of the Gielen Group, which is the holding company that owns the Viventor loan originator Atlantis Financiers of the Netherlands. The new owners have plans to grow Viventor which we view as positive, as it feels like a site that needs extra resources and more volume.
Our thoughts on the loan originators
The quality of lenders on Viventor varies significantly. Many are relatively small and newly established. Although there is quite a large selection, there are not as many loan originators with strong rating scores as we would like to see.
Several loan originators have run into difficulties as a consequence of COVID-19. We provide further details below.
The primary market often has many loans available from Atlantis, Seymoure & Hines, and Lenno, which are mainly secured loans. Many loans available on Viventor currently have low LTVs (often 35% or so) yet they also come with buyback guarantees from the lenders. This is not common but makes them attractive to investors as it reduces risk of a loss following a default.
The latest lender to join is called Prasiskolinau. It is an extremely small Lithuanian lender. Positives are that it has been operating for many years and that it makes consistent but small profits. The main negative is the very small size of the operation. Many P2P investors will have larger P2P portfolios than the entire loan portfolio of Prasiskolinau.