One of the biggest news in the Lithuanian investment market – investment protection
2023-07-31
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Today we are pleased to introduce a novelty – from now on, for some of the loans, we will offer investment portfolio protection up to 500 euros. Some loans will be marked with the FinoMark BuyBack logo, and by investing in such loans, clients will receive additional assurance regarding the protection of these investments. In this way, even those people who have been hesitant to try investing can now do so by investing in crowdfunding loans for businesses.

"Currently, about 53% of Lithuanian residents hold various investments. The most popular investment tool is investment insurance, another, which does not lose its popularity – investment in real estate. However, it is important to understand that to have a healthy investment culture, we must ensure diversification of tools and allow people to try new ways of investing. Therefore, responding to this need, we want to encourage more people to try investing and ensure that they can do so more safely. That's exactly what the FinoMark BuyBack protection is for." – said Gražvydas Balčas, CEO of FinoMark.

Buyback protection is a popular instrument in European crowdfunding platforms, but in Lithuania, at least for now, such a service is not widely provided. "In approving loans, we take into account many factors, therefore we have low loan default rates, and so even in an undefined economic situation, we are not afraid to increase investor safety by shifting some of the risk onto the company itself and its partner. We see that Lithuanians are looking for ways to protect their monetary assets, with record increases in bank deposits, and we, in turn, want to encourage choosing a tool that can ensure a higher return." – continued G. Balčas.

FinoMark experts carefully evaluate and select projects, but we want to point out that investing is always associated with the risk of losing part or all of the investment. We recommend investing responsibly and diversifying investments.


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