Ascend Finance
Platform profile on P2PMarketData. Ascend Finance is a regulated business lending platform based in Latvia, founded in 2024. Profile with licences and FAQs.
Ascend Finance is a Latvian crowdfunding service provider operated by SIA Ascend Finance, a wholly-owned subsidiary of German B2B payment-infrastructure company finmid GmbH. Headquartered in Riga and authorised by Latvijas Banka under EU Regulation 2020/1503, the platform delivers embedded financing solutions for SMEs across the EU, leveraging finmid's data and payments infrastructure for invoice and revenue-based lending.
Frequently asked questions about Ascend Finance
What is the minimum investment on Ascend Finance?
The minimum investment on Ascend Finance starts at €1, but can vary depending on the deal.
Is Ascend Finance regulated?
Yes. Ascend Finance is regulated by the Bank of Latvia with Crowdfunding Provider (ECSPR) authorization in Latvia.
Who can invest on Ascend Finance?
Ascend Finance is open to retail investors from Latvia, subject to identity verification and eligibility.
Does Ascend Finance have a secondary market?
No. Ascend Finance does not have a secondary market, so investments made through the platform are generally illiquid.
Does Ascend Finance offer automatic investing?
No. Ascend Finance does not currently offer automatic investing.
Is Ascend Finance a legitimate platform?
Yes. Ascend Finance is a regulated platform, authorized by the Bank of Latvia, and its crowdfunding investments are high-risk and not covered by an investor compensation scheme.
When was Ascend Finance founded?
Ascend Finance was founded in 2024.
Where is Ascend Finance based?
Ascend Finance's headquarters are in Riga, Riga, Latvia.