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.

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.

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, among other positions, 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 example, 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, for example, 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.