Income Insights Episode 9 I New Lenders I Annual Report I Board Changes

Welcome to Episode 9 of the Income Insights podcast, where Denny and Kimmo, the founder of Income Marketplace, dive into the platform’s recent growth and exciting developments! 🎙️

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TIMESTAMPS:
00:00 INTRO
02:55 Growth and Performance
05:20 New Lenders
13:30 New loan products
16:09 Annual Report
23:18 Fundraising and Equity Strategy
27:48 Board Changes
34:22 Early Buyback Feature Adjustments

In this episode, they discuss:
• Income Marketplace’s impressive growth, with assets under management increasing to €15.8 million 📈
• Delays in onboarding new loan originators, including a unique UK-based litigation funding partner ⚖️
• The shift towards attracting higher-ticket investors and optimising acquisition costs 💼
• Recent financial improvements, doubling revenue and cutting losses in half 💡
• Adjustments to the platform’s early buyback feature for loan originators 🔄
• Kimmo’s decision to step back from board duties to focus on health while staying involved in critical operations 🌱
• Future fundraising strategies and projections for reaching profitability by 2025 💰

Don’t miss this insightful conversation about Income Marketplace's ongoing growth and challenges. Be sure to subscribe for more updates on peer-to-peer lending, platform development, and investment strategies!

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