Monthly report: this year ends, the trend of positive results continues
The end of the year is knocking on the door and R2P INVEST PTE.LTD, a company specializing in the analysis and purchase of outstanding debts, closed the penultimate month with positive results. Among other things, it made 4 new repurchases.
We are pleased to see that our current portfolios continue to perform above targets, this time with a result of 108.75%. This motivates us to continue to grow, and as a result we made 4 new portfolio purchases in November.
The first is another portfolio from a Kazakh financial company that focuses on online lending without the need for personal contact or the submission of many documents. This time the portfolio is worth a total of EUR 1,379,012.
The second buyout also comes from the Kazakhstan region, in this case from a microfinance company established in February 2022. The value of this portfolio is EUR 827,729.
Another buyout is the portfolio of a Philippine financial company that provides online loans. The value of the third portfolio is EUR 5 467 935.
Finally, another buyout is of a portfolio of one of the strongest banks in Slovakia, the value of which is EUR 6 856 713.
We currently have 95 portfolios under management with a total value of EUR 759 919 991.