29 October 2020
Buyback Guarantee | P2P Empire talk with the CEO of PeerBerry - Arunas Lekavicius
We invite you to watch the latest P2P Empire talk with the CEO of PeerBerry – Arunas Lekavicius, which explains in detail how the buyback guarantee protects investors’ investments and answers many other questions of investors.
The interview is held in English.
🔎 Look up all the answers in the timestamps below:
0:46 How does PeerBerry’s buyback guarantee work?
1:23 Does the buyback guarantee cover accrued interest and late payment fees?
1:43 Are all loan originators providing the same guarantee?
1:56 Which loan originator uses the buyback guarantee the most?
2:19 What is the group guarantee?
3:35 How was the group guarantee enforced?
4:28 Does the loan originator have the right to access the borrower’s income?
5:20 Is PeerBerry offering a provision fund?
6:53 Will PeerBerry introduce loan originator ratings?
7:51 Are the financial statements translated in English and are they audited?
8:50 What is the connection between PeerBerry, Aventus Group, and Gofingo?
10:20 Who are the owners of Aventus Group and Gofingo?
11:42 What’s the impact of the second COVID wave on the lending business?
13:31 How does PeerBerry protect your investments against currency risks?
14:20 What’s PeerBerry’s take on the decrease of current loans from individual loan originators?
15:36 Shall we expect cash drag in the near future?
16:36 Why are some investments delayed for just one day?
17:51 Why does PeerBerry keep investor’s funds in the balance sheet?
18:28 Why is PeerBerry’s financial report not audited by one of the largest auditing firms?
19:26 How does PeerBerry store investors’ money?
19:55 Is PeerBerry planning to provide dedicated IBAN accounts?
20:47 PeerBerry’s recruitment process explained
23:16 What’s the role of Aventus Capital UAB?
24:34 How will the investment firm license impact investors?
26:49 Is PeerBerry planning to provide its services for non-European investors?
28:20 How many investors are part of the silver, gold, and platinum loyalty program?
29:44 What’s the plan for the next six months?
If you have any further questions, please do not hesitate to contact us and we will be happy to answer.