VIVENTOR WEBCAST #3: Meeting Lars Wrobbel and Alexander Melis

Introduction to the third installment of the Deventerpeer-to-peer webcast, where industry experts discuss current industry trends and investor questions.

Lars shares his experience and approach to peer-to-peer investments, highlighting the current situation amidst the corona crisis.

Discussion about organizing a peer-to-peer conference in Riga, possibly rescheduled to Q3 and may happen online, addressing current market concerns and scams.

Highlighted adjustments in the platform, including the transit feature, loan extensions, and challenges faced in meeting withdrawal demands.

Explanation of the business model focusing on collateralized loans using people's cars, ensuring borrower commitment.

Managing liquidity, adapting operations, and addressing investor concerns during the COVID-19 crisis, ensuring financial stability and transparency.

Addressing potential funding challenges and financial audits, emphasizing stability and investor protection measures.

Discussion on investment strategies, risk assessment, and market fluctuations, emphasizing diversified portfolios and research for safe returns.

Overview of collaboration with Finstar Financial Group and the impact on investment operations and stability.

Addressing investor queries on fund transit, financial audits, and risk management, focusing on transparency and stability measures.

Detailed explanation of the business relationship with Group here and efforts to ensure investor security and fund segregation.

Explains the buyback process where non-performing loans are recovered through collateral held by the borrower. It highlights how buyback does not weaken the balance sheet and is a part of the business's strategy to recover funds used in the buyback process.

Discusses how the company is managing borrowers during the COVID-19 crisis, including scaling back lending, offering payment holidays, and being flexible on payment dates to accommodate clients facing financial challenges.

Details the collateralization process where loans are backed by collateral, primarily cars. It explains the calculation of the loan-to-value ratio based on the value of the car and the client's income. The average loan-to-value ratio is disclosed as 43%.

Explains the unique aspects of the company's loan origination compared to other loan originators. It emphasizes the focus on collateralized loans, risk management, and the recovery process in case of defaults.

Outlines the company's strategy for expansion, including closing Series A funding round, scaling up in Spain, and venturing into international markets with the support of venture capital investors.