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SAVY

Rank #37
Personal Loans
Business Loans
Direct Marketplace Lending
Explore SAVY
Funded Since December 2014
€61.74m
Minimum Investment
€10
Auto Invest
Yes
Secondary Market
Yes
Ring Fence
Yes
Regulated
Yes

What is SAVY?

SAVY runs a direct marketplace lending platform, which means it operates the "traditional" or "pure" P2P lending model and serves as an online space where borrowers can apply for loans and investors can fund projects. SAVY is operated by UAB Bendras finansavimas, headquatered in Lithuania. It's been granted a crowdfunding license from the Bank of Lithuania.

SAVY allows you to provide funding to individuals, and business owners by investing in personal loans, and business loans. You can also apply for funding if you are an individual seeking financing, or a business owner.

What does SAVY offer?

At SAVY, you can make EUR-denominated investments starting from €10. You can also set up an auto-invest feature and buy and sell loans on a secondary market.

SAVY separates investors’ funds from the platform company assets and has a wind-down plan in place to ensure minimal damage in case the platform goes out of business. It discloses statistics about its funded loans on a dedicated public page and shares its monthly funding volumes with P2PMarketData.

Who founded SAVY?

SAVY was started in 2014 by Augustas Staras, Ignas Mangevicius, Vincentas Zabulis and Vytautas Zabulis.

Augustas has over 15 years of experience. His professional background is mainly in entrepreneurship, and finance. Augustas has been, for instance, a Partner at Fortum Ventures — an investment firm specialised in blockchain, defi & fintech projects, and a Member at Lithuanian Business Angel Network. He holds a Bachelor's degree from Vilnius University in Business Managment and Administration.

Ignas has over 10 years of experience. His professional background is mainly in entrepreneurship, and technology. Ignas has been, for example, a CTO at Ooniq — a peer-to-peer insurer, and a Co Founder of Timber Cabins — a manufacturing company. He's graduated from Vilnius Gediminas Technical University in Information Systems Engineer.

Vincentas has over 15 years of experience. His professional background is mainly in asset management, and law. Vincentas has been, for instance, a Founder of Zabulis Legal — a law practice, and a Founder of Perkuno investicijos — an investment management firm. He holds a GDL degree from BPP Law School in Law.

Vytautas has over 15 years of experience. His professional background is mainly in asset management, and entrepreneurship. Vytautas has been, among other positions, a Managing Director at Hfinance — a blockchain infrastructure provider for fintechs, and a Partner at LightWay Invest — an investment management firm. He holds a Master's degree from Vilnius University in Law.

SAVY Details

Legal Company Name
UAB Bendras finansavimas
Business ID
303259527
Main Currency
Euro (€)
Headquarters Location
Lithuania
Founded Date
March 2014
Launch Date
December 2014

How is SAVY regulated?

License Name License Key Regulatory Entity Country
Crowdfunding Platform Operator 303259527 Bank of Lithuania Lithuania

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