Issue 10 2021

22 CEO MONTHLY / ISSUE 10 2021 , Aug21659 Invest In The Best For amore stable financial future, Monestro is creating a world where people can invest in consumer loans in an intelligent and secure way. With innovative processes and procedures, it is encouragingmore investors to embark on a journey towards safer, higher yield returns. We take a look at Monestro as its CEO Johan Orsingher wins CEO of the Year 2021 – Tallinn, Estonia. Founded in 2016, Monestro is a peer-to-peer (P2P) investment platform that offers high quality, more secure and lower risk investment loan opportunities. Delivering on all investors’ need to understand what they are investing in, as well as earning their trust, Monestro is providing one of the best financial services that investors can find. Instead of promising only high returns, Monestro offers a stable alternative investment for each of its investors. For a competitive yield, and a stable balance between profitability and risk, Monestro has a range of diversification opportunities to invest in fractions of loans. This decreases and spreads the risk when it comes to its investors’ money. Its process starts with registering and verifying identities, a simple process that can take just minutes. Then the investor simply needs to add funds to their account and select loans for investment on Monestro’s platform, before reaping the rewards every month once they have built up an investment portfolio. The money invested by the investor is transferred to the Loan Originator by Monestro, who is trusted by the investor to select the right originator for them in terms of risk level, yield, and other significant factors. Typically, the Loan Originators from which Monestro sources its loans are consumer loan and credit companies, rather than banks. These Loan Originators retain the responsibility for selection and further execution of all obligations of the loan by the borrower. Monestro works in co-operation with a Big Four accounting firm, and it has developed the Loan Originator Due Diligence process, a process which has been designed to protect the investor thanks to Monestro’s market leading risk management offering. The Big Four accounting firms are the firms that dominate the industry. They audit more than 80% of all US public companies and are the four largest accounting firms by revenue alone. They advise on tax and offer a variety of management and assurance services that help big as well as small businesses and individuals to make the right investment choices. As there is a large variety of Loan Originators on the Monestro Marketplace there is a need to have a risk team that can take care of their needs. Monestro intricately assesses each prospective Loan Originator before they join, using its Due Diligence procedure. By carrying out its important analysis of financial statements, management quality, underwriting policies, credit scoring, loan portfolio performance, and data accuracy, Monestro is able to build a profile of each Loan Originator to ensure the best service possible, as well as to determine eligibility. Believing in full transparency, Monestro works with third parties regarding risk assessments and abides by its Loan Originator Due Diligence processes to be able to truly understand its Loan Originators’ situations as well as to minimise any risk. The standards that it sets for its investors abides by all legal regulations and requirements that have been put into place to protect lenders. With its policies, Monestro provides the chance to invest in accordance with its rigorous criteria that means they will be more secure. Moreover, with its