How to invest

For all payments and collections SAVY uses payment processor Paysera, which is e-money licensed in the EU and is regulated by the Lithuanian National Bank. You can read more about Paysera here.  It is a safe and advanced company with customers from all over the European Union.


Why does SAVY use Paysera? We want to ensure your investments are safe, and our business model is unique. We do not collect your money to our deposit account; instead, we link investors’ Paysera wallets to borrowers’ wallets directly. At every moment, your money is in your personal Paysera account, where you as an investor can transfer it immediately to the borrower.


How can you open a Paysera account? You can simply register on our SAVY platform. If you create your Paysera account directly through Paysera, you can link it to SAVY in one click when registering as an investor. During the process you will need to confirm your email, valid phone number and send a copy of your passport.


How to start investing?


• Register

• Activate your safe and integrated Paysera account.

• Deposit funds into your personal Paysera account.

• Choose which loans in the marketplace you’d like to invest in.

• Let SAVY do the rest while you begin receiving monthly premiums.


At SAVY you as an investor choose to whom you’d like to lend money.  You can do this directly and individually at auction; or, you can use our automatic investment tool.  On your account page, you will see a revolving, current loan applications list, which includes only strong, credit-rated borrowers with verified income applications.  Loan payments occur every month, so investors earn interest together with a return of principal in regular, monthly instalments. Investors’ money is always safe.  Funds always remain in your own, allocated Paysera account which you sign up for upon registration.


FAQs for Investors:


1. How much money can I invest?


You as an investor can invest as little as 5 EUR or as much as 500 EUR in one loan.  Invest in as many loans as you like.


2. How is the return on my investment calculated?


You should first understand how we calculate annual percentage rates of interest.  As each premium is made in monthly instalments, the annual percentage rate of the borrower is divided by 12; therefore, a loan with an annual percentage rate of 12 percent has a monthly rate of 1 percent (12/12 = 1).


All loans on SAVY use an annuity structure.  An annuity is simply one banking method of loan payback, where the interest and principal payments change each month, but the total payment is always fixed.  Therefore, all monthly premiums you receive from each individual borrower will be fixed.  With an annuity structure, more interest is paid at the beginning of the loan term, and more principal is repaid at the end.


Here’s an example of how an annuity payment works:

A EUR 100 loan at 12 percent annual percentage rate interest for 24 months.  Each month, the borrower must pay EUR 4.71 (4.71 * 24 = 113.04 EUR).  Remember during an annuity structure each monthly payment is fixed, but the balance of the loan decreases each month, therefore making the interest owed also smaller each month (while the principal repaid is larger).  The balance of the loan for month 1 is EUR 100, and therefore monthly interest of 1% is calculated from this (EUR 100 * 1% = EUR 1.00).  This means that the borrower, in month 1 only, is paying EUR 3.71 in principal and EUR 1.00 in interest.  But this breakdown will change during the next month (while the total remains the same).  Next month, the loan balance is now EUR 96.29 (EUR 96.29 = 100 - 3.71).  The second month’s interest is then EUR 0.96 (96.29 * 1% = 0.96 EUR).  The monthly premium of EUR 4.71 remaining the same, the breakdown of interest to principal is now EUR 0.96 + EUR 3.75 = EUR 4.71.  Remember that each month, though the premium remains the same, the amount of interest paid is reduced, while the amount of principal repaid increases.


The return on your investment will always be equal to the borrower’s interest rate, less the fees charged to SAVY for managing the platform.  All loans on SAVY are in the form of an annuity.  An annuity is simply one banking method of loan payback, where the interest and principal payments change each month, but the total payment is always fixed.  Therefore, all monthly premiums you receive from each individual borrower will be fixed.  With an annuity structure, more interest is paid at the beginning of the loan term, and more principal is repaid at the end.  


3. Which loans should I invest in?


Our marketplace list of loans contains all the relevant information to allow you to make an educated decision to invest.  Pay attention to all data points, such as the borrower’s rating, if their income is verified, what their purpose in requesting the loan, what their debt-to-income ratio is, etc.  You as investor can choose to invest in loans, that are secured with real estate (market differently in the auction) and unsecured consumer loans.


4. Auto-investment


We have developed an auto-investment tool to help automatically invest in loans according to the pre-set parameters, such as age, income, gender, and etc. Auto-investment works according to the line of priority. It means that every time a loan is being financed the platform checks all of the active auto-investment tools set up by investors. When all the parameters of the active tools meet the parameters of the loan auto-investment tool invests automatically. After an investment into a respective loan is complete, auto-investment tool is reassigned to the end of the line of priority. Auto-investment parameters are evaluated each time there is a new loan application and investments are made from the beginning of the line.

You can activate, suspend or alter the paramaters of auto-investment tool at your personal profile at SAVY. You can also set up an investment limit, although you have to remember to update it from time to time. The platform also allows you to set up up to six different auto-investment profiles, that will invest simultaneously. You can also check the auto-investment history by logging into your profile at SAVY.

Auto-investment tool works and can be used for investing in consumer loans and home equity loans on SAVY platform. Auto-investment to loans for RE project will be introduced soon.


5. Insurance fund


Insurance fund is a certain sum of PLC Bendras finansavimas investors’ money that is administrated in their interest and is dedicated to compensate investors’ losses until the compensation day in case the Investor chooses to invest with the Insurance fund. If the Investor chooses to loan money with the Insurance fund, he will receive 10% yearly interest, and the difference will be sent to insurance fund. If the borrower will not do their obligations for 90 days, insurance fund will compensate the sum of money for 90 days with accumulated interests. Fine and other fees will not be compensated.


Investors will be able to choose on each investments, to invest with insurance fund or without insurance fund.


Loans marked by a “shield” sign in the SAVY system will mean that it is associated with the Insurance fund.


There is no opportunity to invest to loans with IP mortgage with the Insurance fund.


Compensations will be caried out automatically



6. How are the borrowers’ identities confirmed?


Each borrower’s identity is confirmed by transferring 0.06 EUR to SAVY bank account


7. What happens if the borrower is delayed in making loan payments, or defaults?


SAVY administration (for loans that are late 0-40 days):

- The borrower must make a monthly payment until 15th day each month. The bill is sent to him/her on the first days of the month. Customers of the impending installment day are reminded by SMS and e-mail.

- On the 16th day, we call borrowers who still did not pay monthly payment. We warn about the penalties and other consequences of delays.

- On the 17th we begin to count the interest for delays

- What is more, reminders are made for customers by calls, emails, SMS, and physical letters.


Transfer to the debt collection company:

- When the borrower delays the payment for 40 days, the communication process is given to a debt collection company. Customer's debt is registered to Creditinfo database. As long as the borrower does not make contributions, the costs are paid by SAVY.

- The contract is not terminated and if the customer pays his delayed payments, he is returned to the regular payments schedule.

- As investment statuses are constantly changing, now e-mail will inform not only when the loan is transferred to the debt collection company, but also when it will be brought back from it.


Judicial process:


- If the debt collection company fails to restore the payment schedule, a registered letter about the judicial process is sent to the borrower and SAVY tries to contact him/her once again.

- Regarding the interest of investors, the contract with the borrower will be terminated only in exceptional case (when the contract is terminated, the daily 0.05% late interests stops calculating) and the addressing to the court will only take place if there is a real basis to a forced debt recovery.

- If the loan is transferred to the court, it will be market red and you will receive and e-mail.

- We still do not have exact dates of how long the judicial process takes time

- The costs are paid by SAVY


8. Should I as an investor contact the borrower for any reason?


You as an investor never need to contact the borrower.  SAVY administers all procedures and underwriting before loan approval, settles all monthly loan premiums to your account, and in the unlikely chance of a default—the debt recovery process.  


9. Late fees


Late interests received by investors consist of two parts - 0.05% fines that are received for every delayed day (i) and counted interests for payment, which is not submitted on time (ii):

- (i) The first one is calculated as follows: Your monthly payment receivable is multiplied by 0.05 and divided by 100. The resulting number is multiplied by the number of days late.

- (ii) The second one is calculated as follows: the monthly installment of the loan (without interest) is multiplied by the interest on the loan (the initial conditions with which the loan was granted) and divided by 360. The number is divided by 100. Then the resulting number is multiplied by the number of the days late.

The final late interests are obtained by adding up the first and second type of interests.

It is important to mention that before summing up two types of late interests, it should be separately rounded to the accuracy of hundredths (two decimal places). We also want to clarify that the borrower must make a monthly payment until the 15th day of the month, but the interest starts to count from the 17th day of the month (by leaving 16th day without fines, as the payments made on the 15th day could be submitted on the next day, because of the interbank transfers or other technical issues).

Eg .: Let's say your monthly payment is 2.68 EUR, issued loans interest is 37% and the monthly payment is late for 13 days. It is also assumed that it is the first installment of the loan, which consists of 1.2933 share of investment and 1.3867 share of interest.

Fines are calculated as follows: 2.68 * 0.05 / 100 * 13 = 0.01742. If rounded we receive 0.02 EUR.

Interests are calculated: 1.2933 * 37/360/100 * 13 = 0.0172799 ... If rounded - 0.02 EUR.

Finally, it should be summed up: 0.02 + 0.02 = 0.04 EUR.

Thus, the fine for the payment of EUR 2.68, which is late for 13 days, is 00.04 EUR.


10. How do you ensure the safety of the money invested?


Any and all invested/borrowed funds are never transferred nor pass into the accounts of SAVY.  Funds are always transferred directly between lenders and borrowers accounts via PaySera, whether during the initial funding period or when monthly premiums are made.  Therefore, users can rest assured that their funds are always handled with the utmost care and service.


11. Money transfers


To make sure that all the loans that are being labelled as refinancing are actually being used to refinance, and to lessen the administrative strain, we've changed the way money circulates in these kinds of loans. The money will be reserved in the transitional bank account of UAB Bendras finansavimas. As the loan receivers prefer to have the money transferred to their personal bank account and not their newly created Paysera account, we will make the money transfers to the clients ourselves. Thus, we will be sure that the commitments of the loan receiver have actually shrunk. All the documents and information of the loan receiver will be displayed in the same manner as before.


12. How to sell your investment?


Sign into your investor profile. Each invested loan gives you the right of claim which you can sold. Choose the loan which you want to sold and you can sold this right with the discount („-“) or with the premium („+“) from the amount of the right of claim (invested sum minus received payments). This discount/premium function will help you to sold your investment. If you want to sold your investment, you could write the amount of discount or premium, or you could leave the field empty, if you do not want to give any discount/premium.


You give -20% discount, then the price will be equal to 80% of the right of claim amount.

You give +10% premium, then the price will be equal to 110% of the right of claim amount.

Approve transfer of the right of claim - then your oferta will be shown at the column „Secondary market“ and other investors could buy it.

The exact price will be given at the time of sale and it would match the percentage of your chosen sale price as it was set in the agreement of the right of claim.

Keep in mind that the origination fee is 1% of your sold investment sale price. This fee is  deducted from the buyer of investment and the rest 99% is transferred for the seller of investment.


13.      Loans secured with real estate


We currently offer two types of loans secured with real estate:





Mortgage Loan

Loan for Real Estate Project


·         Loans are secured with first charge mortgage, providing security for the investors

·         Loan term 12 to 60 months

·         Annuity payments

·         Average interest rate 10 – 15 %

·         Possible additional  guarantee, suretyship

·         Minimum investment size is 5 €, there are no maximum limits

·         Borrower – natural person

Loan amount (€)

3 000 – 35 000

10 000 – 100 000

Purpose of the loan

Personal loan or consumption (refinancing, home improvement, student loan, medical loan and etc.)

Real estate development or business financing according to the business plan, submitted to SAVY (drawdown and completion of the project should increase shareholder value)

Requirements to the RE collateral are:


  • Liquidity of the collateral;

  • No encumbrances, liens, charges or third party interests on the property;

  • SAVY establishes market value of the property internally. Although SAVY does not require third party valuation in every case, it reserves a right to request the borrower to submit an independent valuation report at his expense.

  • Loan to value (LTV) ratio shall not exceed 70%;

  • Borrower must insure the pledged real estate with property insurance for the duration of the loan.  


Income requirements:


  • Sufficient income to repay the loan;

  • Requirement to provide third party suretyship or guarantee may apply to secure the loan;

After financing of the loan in the auction, the borrower then has to pledge real estate with first charge to UAB Bendras finansavimas at the notary public . The proceeds of the loan are transferred only after registration of the charge in the public register.

In the event of default and after termination of the loan agreement UAB Bendras finansavimas, as holder of the charge shall enforce its rights to return the loan to the investors.