We want to inform you that VIA SMS Group and Twino are renewing their collaboration. Leveraging the achievements of the earlier partnership in Vietnam, each groups are ready to combine their experience to reinforce the event of the VAMO Philippines’ lending market.
To offer a retrospective context: Again in 2019, VIA SMS Group partnered with Twino to launch the buyer lending model VAMO in Vietnam. JSC VIA SMS group and TWINO Ltd. established a three way partnership on equal phrases, with every entity holding a 50% stake within the enterprise.
Drawing from this earlier engagement, each entities are trying in direction of the Philippines’ lending sector with insights grounded of their prior expertise and a optimistic outlook.
How does it have an effect on VAINVEST buyers?
The partnership panorama with VAMO.ph is present process some adjustments. Particularly, VAMO.ph new loans will not be out there for itemizing on the VIAINVEST platform. Moreover, an settlement has been finalised, making certain that VAMO.ph, in its capability because the mortgage originator, will redeem the beforehand issued asset-backed securities and assure a well timed return of the invested capital.
As we transfer ahead on this journey, our dedication stays unchanged: to continually scout, consider, and current new alternatives within the monetary world.
Keep invested!
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