Crisis in Ukraine
Team Lendermarket

Crisis in Ukraine

The war in Ukraine is threatening the lives of millions of people across the country. An estimated half a million have fled their homes, leaving behind jobs, belongings and family members. While we do not operate in Ukraine, we understand that the current crisis may have unexpected effects on some sectors of the economy. As most European citizens, we’ve been following the situation closely and hope the conflict will soon come to an end.

We have no direct exposure to the risks tied to the war

We wanted to take this opportunity to reassure our investors that we are open and operating as usual. Lendermarket’s operations are based in Ireland and none of our services, colleagues or providers are connected to Russia or Ukraine. All of our customers, business partners and investors are from the European Economic Area and the United Kingdom.

Business has remained resilient throughout crises

The consumer finance sector remains resilient throughout the disruption caused by different crises, and swift recoveries have followed any short-term negative impacts. Against that background, we closely monitor the situation and potential effects on the European economy.

In addition, our main loan originator, Creditstar Group, has reported strong financial performance and all of our investors’ interests continue to be strongly protected by buyback guarantees.

You can learn more about Creditstar’s humanitarian aid in Ukraine here.

The war in Ukraine

Customer support

As always, our team is here to support you so please get in touch if you want to speak with us or if there is anything we can do to help you. The quickest way to reach us is through email at [email protected]

Recent posts

Campaigns

Earn 2% cashback on Creditstar’s long-term loans

Whether you have recently registered your Lendermarket account or you are one of our long-term loyal investors, you are now able to take advantage of our promotion. Please note that this is a limited-time offer valid on Creditstar loans with a maturity of 270 days remaining or longer from February 6th until February 24th, 2023, …

Company News

Increasing Creditstar’s interest rates for long term loans

Interest rates on Lendermarket have always been competitive and over the last 12 months showed a solid upward trend. Due to macroeconomic uncertainty in the financial markets over the last year, lending companies experienced a supply of funding shortage. They in turn came to platforms such as Lendermarket to raise capital. This led them to …

For Lendermarket investors

Loan Originator Due Diligence – Process Explained

​​Lendermarket cooperates with Loan Originators from around the globe to offer investment opportunities to investors. It is one of our top priorities to carefully select Loan Originators, as we are committed to minimising the risk while offering our investors investment solutions with high interest returns. Our new Loan Originators go through various stages of due …

Leave a Reply

Your email address will not be published. Required fields are marked *