Loan Originator

Finto Capital

finto.lv

Linkedin

Finto Capital is a fast-growing Latvian fintech lending company with a focus on sustainable and responsible lending. Finto’s lending platform focuses on giving private individuals the opportunity to lease used cars.

Finto was founded in 2018, and they have originated over € 1,7M worth of loans. Finto also has the required special license for lending services to consumers in Latvia. By complying with the local regulations, they ensure business sustainability, responsible lending practices, and fair treatment of their clients.

Founded 2018
Country Latvia
Loan Type Car lease loans
Borrower APR range 33.1 - 83.2%
Borrower APR average 44.4%
Structure Local SPV and Cash sweep

Loans originated

0 M EUR

Loan portfolio

0 M EUR

Junior share

0 %

Security Structure

The loans are secured by assignment agreement to the investor with EU SPV controlling the cashflow.
The 23% Junior share contributes to a strong cashflow buffer in case of LO default.

View security structure

Investment Highlights

You are investing into claims from leasing agreements under which credit has been originated to Latvian private persons for the purpose of purchasing a car.

  • Investment in EUR (Loans issued in EUR)
  • Expected maturities up to 56 months producing monthly cashflow.
  • Secured by assignment agreements and controls over cashflow through an SPV
  • Junior share of 23% which is secured by a commercial pledge

Additional information

Attachments

26.07.2021 Finto Capital presentation
01.08.2021 Finto Capital financials as of August 2021
26.07.2022 Finto Capital financials as of February 2022

News

Contact Us
Income Company OÜ
+44 116 464 9956
About Us
Company
Social

Income Company OÜ is a company registered in the Republic of Estonia with registration number 16014116 and legal address in Maakri 19/2 10145 Tallinn, Estonia. Central European branch office in address Liechtensteinstrasse 111-115, 1090 Vienna, Austria.

All investments involve risk and the past performance of a security or a financial product does not guarantee future results or returns. Keep in mind that while diversification may help to spread risk it does not assure a profit, or protect against loss, in a down market. There is always the potential of losing money when you invest in securities or other financial products. Investors should consider their investment objectives and risks carefully before investing.