We would like to announce that one of our Trusted Loan Originators – ”Monify JSC” will terminate their Loan offering on Grupeer platform with immediate effect. This change comes in place due to Monify’s strategic business plan.
Monify was one of the first Loan Originators to commit to Grupeer with an aim to raise working capital on Grupeer’s platform. Monify’s Loan offering was and still continues to be in High demand by Investors due to their ability to handpick Portfolio of Clients, as well as their perfect payment discipline. Worth mentioning that both Grupeer and Monify were in cooperation since being start-ups, where our partnership was mutually beneficial.
Important to mention that all fully funded “Monify JSC” Loans via Grupeer are not affected in any way as “Monify JSC” will successfully and obligatory continue their financial obligations. Interest and Principal payments will be credited to investor accounts as per the previously agreed schedule.
Lastly, We would like to take this opportunity to thank Monify for smooth and highly positive collaboration and wish them prosperity and success.
Yours truly – Grupeer team.
Letter from Monify management: