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EthicalFin NPL launches its first lending crowdfunding campaign

The campaign of the company EthicalFin, active until February 14th, 2021 on the Business Lending portal, has a minimum collection target of $42,000 (€35,000) and a maximum of $90,000 (€75,000). The objective of the company EthicalFin NPL is to promote ethics and sustainability in the world of debt recovery. The capital raised will be used to support the development of EthicalFin NPL.



The lending crowdfunding campaign of EthicalFin NPL, a company that operates in the field of impaired loans, has started on the new portal of peer to peer lending for businesses BusinessLending. 

The campaign, active until February 14th, 2021, has a minimum collection target of $42,000 (€35,000) and a maximum of $90,000 (€75,000). The subscribers of the campaign will be able to join by providing a loan as individuals, which will be repaid after 18 months, with an overall ROI of 8.25%. Anyone interested can join with a minimum investment ticket of $121 (€100) and a maximum of $10,500 (€8,750). The capital raised will be used to support the development of EthicalFin NPL through the adjustment of the organizational structure, recently integrated with the Società tra Avvocati Studio Legale Torre EF; the exponential growth of the current assets.

Alfredo Fineschi, CEO of EthicalFin NPL, said: “Two values in which we strongly believe are network and innovation. The Business Lending platform allows us to put these two things together: the possibility to meet people who believe in our goals and in our projects, to the point of helping us to realize them, and to be innovative in doing so.”

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BusinessLending was founded by Europay

The platform was founded by the company Europay Srl and performs peer-to-peer lending crowdfunding services as a payment agent of the Community Payment Institution Lemonway SAS, authorized by the Bank of France.

Europay Srl was founded on May 23rd, 2016, and obtained an individual license from the Ministry of Economic Development to provide postal services. In 2018, the Company’s extraordinary meeting resolved an increase in share capital to $60,500 (€50,000), a change in the company name and the adoption of new bylaws that include a change in the corporate purpose. The more than thirty years of experience of the Management, as well as the Company’s reference partner, led EUROPAY S.R.L. to register in the Single Register of Insurance Intermediaries, at IVASS and in the List of Agents in Financial Activity at O.A.M. Finally, in 2020 a new share capital increase to $605,000(€500,000) was resolved.

EthicalFin NPL is a debt recovery company based in Rome, established in 2017 and specialized in bank impaired loans

The objective of the company is to promote ethics and sustainability in the world of debt recovery; in particular, trying as much as possible to align the social impact towards debtors with the financial return in the head of investors in portfolios of impaired loans. The company, together with Francesco Torre, a cashier attorney at the law firm Gentili & Partners, launched the law firm Torre EF Società tra Avvocati in September 2020. EthicalFin NPL closed 2019 with revenues of 281 thousand euros (twice as much as in 2018); a mol of about $21,800 (€18,000) (up 165% compared to 2018), a profit doubled from $5,240 (€4,331) to $10,400 (€8,595) and a net financial position of $54,900 (€45,000).


(Featured image by Carlos Ibáñez via Unsplash)

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J. Frank Sigerson is a business and financial journalist primarily covering crypto, cannabis, crowdfunding, technology, and marketing. He also writes about the movers and shakers in the stock market, especially in biotech, healthcare, mining, and blockchain. In the past, he has shared his thoughts on IT and design, social media, pop culture, food and wine, TV, film, and music. His works have been published in,, Seeking Alpha, Mogul, Small Cap Network, CNN,, among others.