Why is there a lack of Envestio’s loans in their marketplace?

Last week I’ve received some questions regarding the recent lack of loan flow in Envestio crowdlending platform. So as I had already interviewed their CEO previously, I decided to drop a message to their accountant team.

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Where is Envestio really located?

As you are subscribed to The Coin Magnet email list (are you?), you should have noticed that I’ve recently published an exclusive Envestio interview with Alesia Nikalaichyk, their Senior Account Manager. In that article, one of my subscribers shared his concerns regarding some inconsistencies in the location of their offices.

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Envestio review

What is Envestio?

Envestio it’s a young crowdlending platform which offers one of the highest interest rates available on the market. It’s based on Latvia, and despite it was officially founded in late 2017, it started as a private investment fund in 2014. At Envestio, users can invest in fractions of innovative projects, such as crypto-mining, energy-related or real estate. Most of their loan last up to 12 months of duration.

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