FAQ

Is FinoMark's activity regulated?

Yes, FinoMark's activities are regulated. FinoMark is included in the Bank of Lithuania's public list of crowdfunding platform operators . The rules for assessing the reliability of project owners and the acceptability of transactions for financiers have been harmonized and approved by the Bank of Lithuania. This means that FinoMark operates in accordance with the principle of responsible lending, trying to maximize the possibilities of project owners to return the funds received through the platform and thus reduce the risk of investors not recovering their financed funds.

Posted by
Emilija Poškonienė
Updated at 2024-07-25
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