The financial technology company DoFinance was founded in Latvia in 2016 and offers a web platform for mutual financial transactions, which with the help of innovative financial technologies provides an easy and smart way to invest available financial resources and make money without using traditional instruments - conservative bank deposits or risky transactions on the stock exchange.
DoFinance was founded to meet customer demand for investment services where customers can make their own investment decisions using the tools available on the platform. The investment is aimed at investing in loans to individuals from online lending companies in South-East Asia and Europe. As a result of the investment, the investor becomes a creditor to individuals who have received the loans.
Since the investment markets became regulated in 2021, DoFinance has also taken the course to become a regulated market participant and is currently operating in the field of company licensing to become an Investment Brokerage Company, which will also mean product switching. After that the investors will be able to invest in securities as opposed to acquiring the cessions.
DoFinance is working intensively to build partnerships with experienced European and Asian lending companies, which will significantly expand the range of products offered by DoFinance.
Following the licensing process, the level of investment protection for investments in the licensed company will also change. DoFinance will prepare a prospectus for the securities to be issued, which will contain all the information about the assets that back the securities.
After several years of very challenging periods, during which the cooperation with several Lenders was reorganized, DoFinance is very actively preparing for the moment of obtaining a license to be ready to immediately offer new products and opportunities to invest and earn money, being aware of the risks associated with investing. The 6 years of experience in the mutual loan market has provided DoFinance with a significant level of understanding of the opportunities and risks for future investments that will be profitable for investors.
In this regard, DoFinance has introduced Customer Compliance and Product Suitability Assessment, which will also allow each investor to be aware of and better understand the risks and benefits of investing in securities.