 Since the inception in 2009 TWINO has lent more than Eur 500 million in loans.More than 90% of all loans that are on TWINO platform are short maturity from 1 to 3 months.In 2015, the Ministry of Finance of Latvia initiated development of a new regulation on the peer-to-peer lending in Latvia to establish regulatory requirements, such as rules for management compliance, AML requirements and other prudential measures.