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Every now and then we like to give you an update about the progress of iuvo, so you know that your money is in the right place and we`re doing our best to provide you with a top receivable experience. The increasing number of our customers is a sign that we`re on the right track and we aim to keep it that way. A few months ago, we talked about reaching the milestone of 20 million Euro purchased on the portal by more than 5000 users. However, today we`d like to take a step back and talk about our path to success.
About iuvo
Iuvo was founded in August 2016 in Estonia. Our first partners are from Southeast Europe – Bulgaria and Romania. They opened a whole new world of opportunities for our users. One of our main missions is to popularize P2P receivables and spread over the word that there are many alternatives to the stale and traditional receivable methods. We believe that anyone can make profit by purchasing of receivables in P2P loans and we can`t stand the thought that there are people out there, who are wasting their hard-earned savings on unprofitable receivables.
Your success is our success
We`ve made extensive discussions on why to purchase in P2P, but we really can`t emphasize the benefits strongly enough. It is our core belief that the fintech sector has the potential to make purchasing of receivables better for everyone and it is the future.
Traditional methods, such as bank add fundss, have less than a percent annual return, whereas iuvo offers an average of 9.2%. With a well-diversified portfolio and clever loan selection you can go up to 15% ROI. Purchasing of receivables with portals like iuvo gives you much more control over your funds and you are free to make a withdrawal from your account whenever you please. Our aim is not to restrict our users, but to empower them and provide the modern tools to make the most out of their savings. Each user makes us proud and motivates us to keep improving.
We don`t just measure success by the amount of money purchased or the number of users we have, we also measure it by the feedback we receive and the satisfaction we get from our accomplishments. It is important to have a user-friendly portal and that`s why the whole receivable experience can be personalized based on your preferences. You can adjust the level of risk, expected annual return rate, receivable period and many other factors that are relevant to you. It is a truly user-centered method. For example, you can let the Auto Assigning feature do all the work for you by setting criteria, which will be followed when purchasing of receivables in loans. You can also focus on the long-run and let the compound expected annual return accumulate to make the most out of your receivable. It is your decision to make!
Conclusion
Many modern users are starting to realize all of the above-mentioned factors and this is precisely one of the main reasons for the high growth of P2P in recent years.
We have a very positive outlook for the future of iuvo and our users. We hope that the 34 million mark will be only a small milestone in the bright future that awaits us. Now start purchasing of receivables and make your savings work for you!
