Monthly report: The first month of the working holiday
Relaxing by the water or holidaying at the cottage, it’s a lovely idea. But we traded it for a good feeling and spent July making positive developments in our company. R2P INVEST PTE.LTD, a company that specializes in the analysis and purchase of outstanding debts, celebrated successful results again in July and added another addition to its portfolio.
We continue to be pleased with our existing portfolio and have shown continuous positive results. In July, they met their target of 106.66% and we were able to focus on new portfolio additions in the interim. This brought the number of portfolios to 87 and brought the total value of the portfolios to EUR 744,516,104.
Our new addition was the purchase of receivables from a Kazakh financial company that focuses on online lending without the need for personal contact or the submission of many documents. It provides its clients with services from the comfort of their homes, which are processed within 10 minutes. The value of the portfolio amounts to EUR 5 921 317.