Nibble Finance

$Nibble Finance looks like a micro company / one man show and investors cannot even see, where their money is invested.

Pashchenko Maxim Grigorievich

INN: 541000273190
Registrar: Interdistrict Inspectorate of the Federal Tax Service No. 16 for the Novosibirsk Region / 5476

Not a payer of professional income tax

Registered as an individual entrepreneur:
OGRNIP: 316547600131880
Main activity: 62.01, Computer software development
Opening date: 24.06.2016

Manages the following organizations:
INN: / 5407496776

Founder of:
INN: / 5407496776
INN: / 5406558652

Included in the register of SMEs
Microbusiness (1-15 employees)

Check in the register of SRO members: / sro541000273190

Last changes were made on 04/07/2017
Data is current as of 04/21/2021

Panchenko founded ООО "СК РЕГИОН СИБИРЬ" as well
It has been closed in 2015 already. So not relevant... CK stands for Строительная компания - construction/building company

#BulldogP2P did some due diligence on $Nibble Finance.
Main problems mentioned:

- Remarkable is the amount of NPL’s (non performing loans) 2,736,000 against the amount of issued loans 4,966,000. This is 55%. Far much too high compared to the industry standard of 25-33%.
- Unclear what the mentioned issue notified by the auditor is, in the most recent financial report.
- Inaccuracy in the total volume of issued loans in the Pashchenko Maxim Interview
- Not listed on MFO ranking, 2019 - means the volume is negligent, or they work in Russia without a license.

$Nibble Finance has published an audited 2020 financial report of IT Smart Finance.

The financial results show a profit of €0.3m, total assets at €2.8m, equity at €1.9m and total liabilities at €0.9m.

From #BulldogP2P: War between Russia and Ukraine could spoil the P2P party.

"Is War Between Russia And Ukraine Now Inevitable? The situation in Eastern Ukraine is critical. Russia and Ukraine are on the brink of an open armed conflict."

"On April 1, President of Ukraine, Volodymyr Zelensky, accused Russia of the increasing presence of armed forces on the borders. He said, “military exercises and possible provocations along the border are traditional Russian games.” He further said that Russia is creating a threatening atmosphere across the border while Ukraine seeks to resume a ceasefire agreement."

"Russian forces are deploying massive amounts of military hardware into #Crimea. One of the largest deployments I've seen in recent memory."

$Reinvest24 $Bulkestate $Nibble Finance $Quanloop - platforms that have headquarters in Estonia, and have not submitted their financial reports in time. Got a comment from $Bulkestate , that they plan to get the report done in next couple of weeks.