TWINO reports that it has recovered all outstanding investor funds linked to loans originated by Moneza, its former Russian lending company. This officially closes the recovery process for these claims.
What changed?
The remaining Moneza RU claims have been repaid and the recovery process that began after the 2022 transfer restrictions is now reported as complete.
How the delay started
Payments were affected in 2022 by restrictions on capital transfers from Russia following the invasion of Ukraine. TWINO stopped listing new Russian loans and introduced a gradual principal repayment plan.
The repayment plan
According to TWINO’s June 2022 update, principal was to be distributed proportionally after transfers were actually received. Companies connected to the lender undertook to cover the interest due on the outstanding principal.
What does this mean for investors?
The final repayment removes the remaining exposure attached to the affected Moneza RU claims and shows that the long-running recovery plan has been completed. It is a positive outcome for the investors involved, particularly given the cross-border restrictions that complicated transfers.
Investor Impact
Recovery outcome: positive
The affected Moneza RU claims have been repaid, closing the remaining exposure for the investors involved.
Future protection: unchanged
The completed recovery does not guarantee the result of another delayed-loan or geopolitical case.
Important: the successful conclusion of this case does not guarantee the outcome of future arrears or geopolitical events. Recoveries depend on the lender’s financial position, the contractual structure, applicable sanctions and the practical ability to transfer funds between countries.
Impact on the P2P Investitor Score
No change in the Score. The completed recovery is a positive signal, but one resolved case does not independently change the rating without a measurable change under the Score methodology.