This article showcases our top picks for the best Estonia based Lending/Financing companies. These startups and companies are taking a variety of approaches to innovating the Lending/Financing industry, but are all exceptional companies well worth a follow.
We tried to pick companies across the size spectrum from cutting edge startups to established brands.
We selected these startups and companies for exceptional performance in one of these categories:
- Innovative ideas
- Innovative route to market
- Innovative product
- Exceptional growth
- Exceptional growth strategy
- Societal impact
Top Estonia Lending/Financing Companies
Montonio is a PoS financing aggregator which utilises open banking to make credit more efficient and transparent. Its software makes it convenient to apply for hire purchase on the web and in the shop and enables businesses to reduce lost sales, save service time, and speed up the on-demand application process.
Montonio was founded late 2018 and is headquartered in Tallinn, Estonia.. .
Quanloop is an investment fund dedicated to wholesale funding. We attract capital from investors like you and act as the main source of financing for our commercial finance intermediary partners, such as leasing or factoring companies, crowdfunding platforms, etc.
We apply a unique business model by sourcing money for only 24 hours and splitting the capital in need into a myriad of tiny credit agreements, each valued at €1. Every day, our partners source capital from Quanloop by introducing projects (loans, assets, etc.) they wish to finance.
Following a strict filtering programme, we accept the projects for wholesale funding and prepare to pool funds from our investors. The projects being financed by Quanloop act as collateral for the money borrowed from you and other investors.
To avoid complex legal structures for collateral management, Quanloop pledges its capital to investors — so each Euro you invest is covered by a weighty portfolio which is under our management. Put simply, we borrow €1 from you, combine it with other investors’ money and lend it to our customer.
The next day, we take €1 from your fellow investors and refinance yours. Each time we borrow money to finance a project, we add an underwriting reserve of our own money.
That adds an extra liquidity layer to avoid you being unable to exit the next day. Although it should be impossible, in case we lack liquid funds to refinance your Euro, you earn an extra 2% for staying longer.
Wisefund offers a marketplace of investment opportunities from verified businesses that pay off high annual returns. The company builds secure bridges between lenders and borrowers.
Mediating and monitoring investments presents valuable opportunities, secure transactions, and profitable returns. Wisefund’s vision will create a mutually favorable environment that benefits all parties..
PROBLEM/OPPORTUNITY Interest rates are still really low meaning savings rates are below inflation. At the same time, more and more people have become comfortable with managing their finances online.
These two factors have led to the rise of Alternative Financing and the appearance of a large number of P2P lending platforms. But this boom, in turn, has brought about a very fragmented market, generally with platforms of a local nature, with few products and very different admission requirements for each one, that on occasion prevent investments from foreign investors.
All this makes it very difficult for investors and time consuming, not only to distinguish and value the best opportunities but also to access those, which prevents them from optimizing and diversifying their portfolios. Additionally, all of this must be added to the lack of liquidity that most of these alternative investments have and that makes investors reluctant to these investments due to the absence of a secondary market to provide them liquidity.
Also the platforms have difficulties with internationalization due to language barriers, the type of currency, and the different regulations, and additionally, it takes a lot of time, effort, and money in distribution and communication to explain their products, as well as in marketing to obtain quality investors, and also promoters looking for funding, on their websites. SOLUTION/PRODUCT The solution is a marketplace for P2P lending investment.
A platform of platforms that thanks to deep integration with each of the platforms, allows investors the convenience of investing from a single web and manage their portfolio in a centralized but diversified way. Brickfy’s mission is to make investing in P2P as simple, secure and efficient as possible.
Our service reduces risk through diversification, enables returns and provides easy access to the market In this way Brickfy helps, on one side, the platforms and loan originators to have greater exposure and dissemination of their opportunities, becoming an international sales channel, acting as a reseller of their loans. On the other side, Brickfy helps investors first to select and invest in the best platforms and investment opportunities by providing them with information, ratings, and reviews.
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