Company DescriptionSaveLend Group AB (YIELD) is a financial technology company based in Sweden that specializes in providing innovative investment and financial solutions. The company operates primarily in the peer-to-peer lending sector, offering individuals and institutions the opportunity to invest in loans through their digital platform. SaveLend Group AB aims to bridge the gap between investors seeking higher returns and borrowers in need of accessible credit options.
How the Company Makes MoneySaveLend Group AB generates revenue primarily through its peer-to-peer lending platform, where it facilitates loans between investors and borrowers. The company earns money by charging service fees to both borrowers and investors. For borrowers, these fees are typically based on the loan amount and interest rates applied. For investors, the company may charge management or transaction fees for using the platform. Additionally, SaveLend Group AB may also generate revenue through partnerships with financial institutions or other fintech companies, enabling a broader range of financial products and services to be offered on their platform.