Swaper update to Ukraine-Russia crisis
Dear Investors,
We have been following the conflict in Ukraine closely and we want to give you an update on the impact of this in relation to Swaper.
Swaper does not have any cooperation with neither Russian, nor Ukrainian, nor Belarusian companies or investors. There are no transactions carried out in Russian or Belarusian currencies. Swaper Investors are from Europe using EUR or GBP payment systems and not affected by any way of the sanctions imposed to Russia. We also have significant liquidity in our home bank in Estonia to secure our business activities.
As a result, our business operations are not affected with this crisis. We can assure you that Swaper operations continue normally, including withdrawals and funding. Buyback and other security matters are in force as they were before the crisis.
Swaper continues to offer loans from Poland and Spain. Our loan originator Wandoo Finance has no exposure towards Ukraine, Russia, or Belarus markets and is continuing to issue loans as usual by keeping the risk levels under tight control.
This ongoing conflict is politically driven and Swaper is against any military action. We truly hope that this tragedy will end as soon as possible, and people can continue peaceful life in their normal lives.
If you have any questions, do not hesitate to contact us.
Best regards,
Swaper Team