Låneplattformen Toborrow's goal is to provide a good return to savers willing to lend money.

According to the Toborrows ceo Sofie Lundström has låneplattformen zero confirmed loan losses – but Di Digitals review shows that a significant part of the companies that received loans through the platform have gone bankrupt or have payment problems.

the Two companies, Bycosin and Nordic Bike, have gone bankrupt, something that Di Digital has reported previously, and have not paid of the entire amount of the loan.

Bycosin is currently in a process where the trustee is trying to sell a property to cover up the claims in the estate.

Read more: Setback for Toborrow – chemical plant applying for reconstruction

A company, EMSO Group Sweden, the representative of a debt collection agency could not come in contact with.

The text above is a summary, you can read full article here.