{"id":965,"date":"2019-06-11T13:27:25","date_gmt":"2019-06-11T13:27:25","guid":{"rendered":"http:\/\/savingsforfreedom.com\/?p=965"},"modified":"2020-01-23T15:08:07","modified_gmt":"2020-01-23T15:08:07","slug":"conference-report-summary-of-the-p2p-riga19-conference","status":"publish","type":"post","link":"https:\/\/savingsforfreedom.com\/blog\/2019\/06\/11\/conference-report-summary-of-the-p2p-riga19-conference\/","title":{"rendered":"Conference Report: Summary of the P2P Riga’19 Conference"},"content":{"rendered":"
On Friday the 7th of June, over 240 people among P2P platform representatives, P2P investors, and bloggers came together in Riga<\/a> for the 1st edition of the European P2P Conference. This P2P Conference was certainly a memorable one! Taking place at the wonderfully unique RISEBA Architecture and Media Center H2O 6<\/a>, this event brought together people from 24 nations representing the entire community to display just what makes P2P crowdlending so unique – its diversity, its cross-sectoral nature, and its collaborative spirit.<\/p>\n The event, hosting interesting keynote speakers, an array of informative presentations, and topped off with a fun evening and second-day entirely dedicated to networking opportunities.<\/p>\n <\/p>\n All sessions of the conference focused on establishing communication channels and trust among the entire P2P community: P2P platforms<\/a>, bloggers and investors as well as exchanging ideas about what the future holds in regards to the European P2P industry.<\/p>\n Being the only Portuguese attending the P2P conference, I decided to start publishing the Savings4Freedom<\/a> blog in my native language. Starting this month, all content will be made available in Portuguese. I hope with this decision to contribute to informing all Portuguese speaking countries that are looking to diversify their savings portfolios with fixed income assets.<\/p>\n These are the main news presented on stage or discussed in person during the P2P conference:<\/p>\n During this initial session, the participants had the chance to listen to and engage with key opinion leaders of the P2P crowdlending community, Lars Wrobbel<\/a> and Kolja Barghoorn<\/a>. It was a motivational chance to gain first-hand experience from these investors\/influencers on stage.<\/p>\n Both shared the opinion that P2P crowdlending is:<\/p>\n This was one of the most interesting sessions. Grupeer<\/a>, DoFinance<\/a>, Viventor<\/a>, and ViaInvest<\/a> representatives shared their thoughts about establishing their reputation, how the financial industry is answering the P2P crowdlending market growth and what will be the next steps to these P2P crowdlending platforms<\/a>.<\/p>\n Vladislav Filimonov presented a very clear strategy for Grupeer<\/a> to become a digital bank by acquiring an Electronic Money Institution (EMI) license. This decision will not only answer all regulatory frameworks as it will bring independence from the traditional banking structures. Later I had the change to lunch with Valdislav and listen to his commitment towards establishing Grupeer<\/a> as one of the leading P2P crowdlending platforms in Europe and an example to the entire industry.<\/p>\n Viventor<\/a> presented an alternative, deepening the partnerships in existence with banks towards increasing the securitization and guarantees offered to Viventor<\/a> investors. This will lead towards banks offering their traditional guarantees to Viventor<\/a> investors but also to decrease the finance costs of investors and borrowers.<\/p>\n Henrijs Jansons from DoFinance<\/a> presented another path: working towards obtaining an insurance license, so it can receive transfers and manage assets directly without the strict need of obtaining a banking license. This seems like a middle ground approach.<\/p>\n Based on the answers from Eduards Lapkovskis, I was not able to understand what the future will be for ViaInvest<\/a>. I was not impressed by his stage presence.<\/p>\n Martins Sulte, Mintos<\/a> CEO, shared the impressive story of the Baltics towards becoming the main hub of P2P leading platform development, but the most interesting information was:<\/p>\n With Invest & Access, Mintos<\/a> aims to offer a product that makes investing and withdrawing money quick and easy.<\/p>\n Martins announced that un the final quarter of 2019 Mintos<\/a> will launch the mobile App so many investors are asking for. It was possible to test the beta version of the App at the Mintos<\/a> both in the exhibitor’s area and I can share that it was very intuitive and easy to use. I’m really looking forward to it.<\/p>\n The last but more relevant news shared by Martins is that Mintos<\/a> is finalizing the process towards becoming a Digital Bank. This means that in the near future, Mintos<\/a> investors will also be able to have an individual IBAN associated to them and well as being capable of using a Mintos<\/a> credit card for their daily needs.<\/p>\n Interesting days ahead for the leading European P2P crowdlending platform.<\/p>\n One of the most interesting aspects of the conference was the possibility to meet in person team members of the P2P crowdfunding platforms in which I personally invest. I want to share my impressions on two particular conversations: Envestio<\/a> and Kuetzal<\/a>.<\/p>\n I was very curious to learn the reason why Envestio<\/a> wasn’t among the exhibitors at the P2P conference. Being one of my Top P2P crowdlending platform choices, I was looking to meet and talk with the Envestio<\/a> team. I was very happy to meet with Liene (Investment and Development Advisor) and Alesia (Senior Account Manager) that were kind enough to answer all my intrusive questions.<\/p>\n The highlights of the conversation:<\/p>\n I was satisfied with the answers and happy to learn that Envestio<\/a> follows a conservative approach to company expenditure. I’m looking forward to what the future of Envestio<\/a> will be.<\/p>\n Among the attendees was Alberts Cevers, CEO of Kuetzal<\/a>. I was very satisfied to meet and talk with him more than once during the event. In my first iteration during the first day of the conference, Alberts was kind enough to listen to my personal feedback on the Kuetzal<\/a> platform user experience, during the second day a more in dept and personal conversation happened.<\/p>\n The highlights of the conversation:<\/p>\n Alberts is an ambitious and well-intended entrepreneur with an impressive wish to succeed. I only can wish him the best. I’m sure that I will keep in touch with him and follow closely Kuetzal<\/a> progress.<\/p>\n Many of the P2P crowdlending platforms I use were present at the P2P conference.<\/span><\/p>\n Check my opinion about Mintos, BulkEstate, DoFinance, ViaInvest, ReInvest24, Robocash, Grupeer, Viventor, EstateGuru and NeoFinance<\/a>.<\/p>\n Some new platforms<\/a> were present as well. I will check them closely over the next few weeks and share my feedback later.<\/p>\n On the second day of the conference, the P2P Conference offered a relaxing environment at JIP M\u0101rup\u012bte, a beautiful activity park with its own beach and lake just outside Riga.<\/span><\/p>\n It was the perfect opportunity to discuss investment strategies, portfolios and personal stories with other like-minded investors. A really great opportunity to learn and growth!<\/p>\n I want to highlight two good friends I made during the event:<\/p>\n Thank you both for our pleasant conversations and for sharing experiences in P2P investments.<\/p>\n I’m sure this is just the first of many events that will focus on P2P crowdlending as the industry grows and more people become familiar with the offers to invest their savings.<\/strong><\/p>\n Looking forward to continuing the conversations with the community and opening a new chapter in Portugal with the blog in Portuguese.<\/strong><\/p>\n Check among the P2P crowdlending opportunities available on Savings4Freedom<\/a>, always taking into consideration that all information is entirely based on my personal experience.<\/p>\n\n\n\n<\/a>
Personal P2P Conference Takeaway<\/h2>\n
<\/a>
Key Personal Notes & Breaking News – P2P Conference<\/h2>\n
Why we are here? Key influencers shared their thoughts.<\/h3>\n
\n
<\/a>
Banks, Bigtechs and bad debts – P2P industry under pressure<\/h3>\n
Grupeer<\/a> – Becoming a digital bank<\/h4>\n
Viventor<\/a> – Partnerships with banks to increase securitization and guarantees<\/h4>\n
DoFinance<\/a> – Obtain insurance license to accept direct deposits without becoming a bank<\/h4>\n
ViaInvest<\/a> – Not clear at all<\/h4>\n
Mintos<\/a>: New Product (Invest & Access), mobile APP by Q4 2019 and Banking License<\/h3>\n
Mintos<\/a> New Product – Invest & Access<\/h4>\n
\n
Mintos<\/a> Mobile App<\/h4>\n
Mintos<\/a> will become a digital bank: IBAN and Credit Card<\/h4>\n
Meeting and talking with P2P crowdlending platforms<\/a><\/h3>\n
<\/a>
Envestio<\/a> – A responsible company development approach<\/h4>\n
\n
<\/a>
Kuetzal<\/a> – Ambition to become a P2P crowdlending platform giant<\/h4>\n
\n
P2P CONFERENCE OFFER:<\/strong> until July 31, new clients can benefit from an extra sign-up bonus. If you sign up and invest through my referral link, you will get a 0,5% cash back from all investments you make within the first 180 days. But when you register and add the promocode P2PCONFERENCE you will get a 15\u20ac register bonus!<\/a><\/h4>\n
<\/a>
P2P Crowdlending Platforms<\/a> Exhibitors<\/h3>\n
<\/a>
Day 2 – Relaxing and Networking at Jip Marupite<\/h3>\n
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\n\n\nDo you want to Invest<\/a>?<\/h1>\n\n\n\n
<\/a><\/figure><\/div>\n","protected":false},"excerpt":{"rendered":"On Friday the 7th of June, over 240 people among P2P platform representatives, P2P investors, and bloggers came together in Riga for the 1st edition of the European P2P Conference. This P2P Conference was certainly a memorable one! Taking place at the wonderfully unique RISEBA Architecture and Media Center H2O 6, this event brought together people from 24 nations representing the entire community to display just what makes P2P crowdlending so unique – its diversity, its cross-sectoral nature, and its collaborative spirit.\nOver 240 people among P2P platform representatives, P2P investors, and bloggers came together in Riga for the 1st edition of the European P2P Conference. Check my notes on the event! \n","protected":false},"author":2,"featured_media":6705,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"qubely_global_settings":"","qubely_interactions":"","_uag_custom_page_level_css":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[388],"tags":[],"class_list":{"0":"post-965","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-conferences-events"},"jetpack_publicize_connections":[],"aioseo_notices":[],"qubely_featured_image_url":{"full":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?fit=1920%2C1080&ssl=1",1920,1080,false],"landscape":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=1200%2C750&ssl=1",1200,750,true],"portraits":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=540%2C320&ssl=1",540,320,true],"thumbnail":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=150%2C150&ssl=1",150,150,true],"medium":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?fit=300%2C169&ssl=1",300,169,true],"medium_large":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?fit=768%2C432&ssl=1",768,432,true],"large":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?fit=1024%2C576&ssl=1",1024,576,true],"1536x1536":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?fit=1536%2C864&ssl=1",1536,864,true],"2048x2048":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?fit=1920%2C1080&ssl=1",1920,1080,true],"cnvs-small":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=80%2C80&ssl=1",80,80,true],"cnvs-thumbnail":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=300%2C225&ssl=1",300,225,true],"pk-small":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=80%2C80&ssl=1",80,80,true],"pk-thumbnail":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=300%2C225&ssl=1",300,225,true],"qubely_landscape":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=1200%2C750&ssl=1",1200,750,true],"qubely_portrait":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=540%2C320&ssl=1",540,320,true],"qubely_thumbnail":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=140%2C100&ssl=1",140,100,true],"csco-small":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=80%2C80&ssl=1",80,80,true],"csco-intermediate":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=200%2C140&ssl=1",200,140,true],"csco-thumbnail":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=380%2C220&ssl=1",380,220,true],"csco-thumbnail-alternative":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=300%2C180&ssl=1",300,180,true],"csco-thumbnail-uncropped":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?fit=380%2C214&ssl=1",380,214,true],"csco-medium":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=800%2C500&ssl=1",800,500,true],"csco-medium-alternative":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=560%2C336&ssl=1",560,336,true],"csco-medium-uncropped":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=800%2C450&ssl=1",800,450,true],"csco-large":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=1160%2C680&ssl=1",1160,680,true],"csco-large-uncropped":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=1160%2C653&ssl=1",1160,653,true],"csco-extra-large":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=1920%2C1024&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This P2P Conference was certainly a memorable one! Taking place at the wonderfully unique RISEBA Architecture and Media Center H2O 6, this event brought together…","jetpack_featured_media_url":"https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?fit=1920%2C1080&ssl=1","uagb_featured_image_src":{"full":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?fit=1920%2C1080&ssl=1",1920,1080,false],"thumbnail":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=150%2C150&ssl=1",150,150,true],"medium":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?fit=300%2C169&ssl=1",300,169,true],"medium_large":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?fit=768%2C432&ssl=1",768,432,true],"large":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?fit=1024%2C576&ssl=1",1024,576,true],"1536x1536":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?fit=1536%2C864&ssl=1",1536,864,true],"2048x2048":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?fit=1920%2C1080&ssl=1",1920,1080,true],"cnvs-small":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=80%2C80&ssl=1",80,80,true],"cnvs-thumbnail":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=300%2C225&ssl=1",300,225,true],"pk-small":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=80%2C80&ssl=1",80,80,true],"pk-thumbnail":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=300%2C225&ssl=1",300,225,true],"qubely_landscape":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=1200%2C750&ssl=1",1200,750,true],"qubely_portrait":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=540%2C320&ssl=1",540,320,true],"qubely_thumbnail":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=140%2C100&ssl=1",140,100,true],"csco-small":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=80%2C80&ssl=1",80,80,true],"csco-intermediate":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=200%2C140&ssl=1",200,140,true],"csco-thumbnail":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=380%2C220&ssl=1",380,220,true],"csco-thumbnail-alternative":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=300%2C180&ssl=1",300,180,true],"csco-thumbnail-uncropped":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?fit=380%2C214&ssl=1",380,214,true],"csco-medium":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=800%2C500&ssl=1",800,500,true],"csco-medium-alternative":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=560%2C336&ssl=1",560,336,true],"csco-medium-uncropped":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=800%2C450&ssl=1",800,450,true],"csco-large":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=1160%2C680&ssl=1",1160,680,true],"csco-large-uncropped":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=1160%2C653&ssl=1",1160,653,true],"csco-extra-large":["https:\/\/i0.wp.com\/savingsforfreedom.com\/wp-content\/uploads\/2019\/04\/bg16.png?resize=1920%2C1024&ssl=1",1920,1024,true]},"uagb_author_info":{"display_name":"SavingsForFreedom","author_link":"https:\/\/savingsforfreedom.com\/blog\/author\/csmboto\/"},"uagb_comment_info":0,"uagb_excerpt":"On Friday the 7th of June, over 240 people among P2P platform representatives, P2P investors, and bloggers came together in Riga for the 1st edition of the European P2P Conference. 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