Aasa

Last Updated: 15.10.2017. Date when the basic information was updated
Aasa
Loans Originated Total volume of loans issued by this company to borrowers since its founding.
€ 516 M
Loan portfolio Loans issued by the lending company to borrowers at the time of the most recent financial statement that are current or less than 60 days late.
€ 79.6 M
Buyback obligation A credit enhancement given by the lending company or other entity to the Issuer for a particular Set of Notes. If an underlying loan is more than 60 days late, the lending company is obligated to buy back the investment at nominal value plus accrued, outstanding or late interest. Usually, this means investors will be able to recover their investment in case of a borrower default.
Skin in the Game To ensure the interests of a lending company and investors are aligned, the company is required to keep a stake of each investment opportunity it offers through Mintos. This is called the company's skin in the game.
Average Interest % The weighted average interest rate of investment opportunities from this lending company.
Website:
aasaglobal.com
Founded:
2010
Employees:
184
Joined Mintos:
March 2017
Outstanding investments: Total volume of outstanding and available investments from this company on Mintos. Updated daily.
€ 0

About

Aasa Group was established in 2010. It carries the business activities under Aasa Oy and AA-Yleislaina OÜ in Finland, and Aasa Polska in Poland.Aasa’s mission is to provide fast and convenient access to financial products and services based on transparency, promptness, simplicity and safety. The key to Aasa business model is the efficient use of their lending platform and unique credit scoring algorithms, which, when combined, are able to serve a large number of customers in a convenient and quick way, while accurately controlling credit risk.

Presentation

Presentation

Last Updated: 21.05.2019

Financials

Financials

Last Updated: 28.04.2020