swift just yesterday, we shared the first piece of detailed Twinero information amongst our investors. In case your are not amongst our investors yet, you can view the material here.
This does not tell too much about Twinero's financial situation, and that is to be added. In the meantime, another important fact to keep in mind that Twinero is fully owned by Prestamos Prima, and thus has Finstar Financial as its majority stakeholder. And having a multi-billion FinTech powerhouse like Finstar as majority stakeholder speaks volumes of financial stability.
Apart from that, Twinero is having its best month since inception back in 2011, which is another thing to keep in mind when speaking of capability to ensure buyback.
toms viventor: Thanks for replying, like you say it's not enough to decide on an amount to invest (the Dropbox link does not work for people outside your org by the way, but I know the document you're talking about).
I want to put in more funds, going what's there now, but I need to verify that the buyback guarantee is carried by a financially healthy party. You mention the entities that own Twinero. Will they actually cover the buyback guarantee if Twinero fails?
Post by toms viventor on Aug 16, 2016 17:49:33 GMT
swift apologies for the delayed response. This is strange - no one else has reported the presentation being unaccessible.
As we speak, Twinero has paid back every last cent of the promised Buybacks. Given the company's positive growth and development, there is no reason to think this should change. The Financials is obviously an important part to increase the credibility, but there has been no indication of negative trends with respect to them.
As for Finstar stepping in with a monetary support in case of need - I do not represent neither Twinero, nor Finstar, and thus do not have a definite answer. But given that the majority stakeholder is a company like Finstar - providing support in times of need should not be a problem.