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Grupeer's Overview

Total employees2
HeadquartersRiga
Founded2016

Grupeer was a peer-to-peer lending platform founded in Latvia, designed to connect investors with loan originators, primarily focusing on real estate development and business loans. Launched publicly in early 2017, the platform gained traction across Europe by offering seemingly high returns. However, in March 2020, Grupeer abruptly suspended operations, initially citing the COVID-19 pandemic as the cause. This suspension was followed by a lack of communication, widespread investor complaints, allegations of fraudulent activities, misrepresentation of loans, and missing funds. The platform became unresponsive, leading to substantial financial losses for thousands of investors and triggering multiple investigations into its operations and founders.

Where is Grupeer's Headquarters?

HQ Function

The headquarters managed Grupeer's P2P lending platform, including technology development, investor relations, marketing efforts, and coordination with various loan originators.

Notable Features:

Specific details about notable features of Grupeer's physical office space are not widely publicized and are largely irrelevant given the company's defunct status.

Work Culture:

Information regarding the specific work culture at Grupeer is limited. As a fintech startup in the P2P lending sector, it likely fostered a fast-paced, growth-oriented environment prior to its collapse. Post-collapse, any discussion of culture is overshadowed by legal and ethical concerns.

HQ Significance:

The Riga headquarters was significant as the operational base from which Grupeer managed its international P2P lending platform, attracting investors from across Europe. Its eventual failure made it a significant case study for the risks involved in the P2P lending industry and the importance of regulatory oversight.

Values Reflected in HQ: Initially, Grupeer aimed to project values of innovation, transparency, and providing accessible investment opportunities. However, the events leading to its shutdown and the subsequent allegations of fraud and mismanagement severely contradicted these proclaimed values from an investor and public perspective.

Location:

As an online P2P lending platform, Grupeer's services were accessible to investors primarily across Europe. The platform featured loans from various loan originators based in countries such as Latvia, Belarus, Norway, and others, indicating an operational reach in terms of loan sourcing. Its investor base was international, with individuals from numerous European countries participating on the platform before its cessation.

Street Address:

Duntes iela 15A

City:

Riga

State/Province:

N/A

Country:

Latvia

Grupeer's Global Presence

Buying Intent Signals for Grupeer

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Grupeer

As of April 2025, Grupeer' leadership includes:

Andrejs Kisiks - Co-Founder / CEO
Alla Kisika - Co-Founder
Artem Finko - CTO

Investors of Grupeer

Grupeer has been backed by several prominent investors over the years, including:

Information on specific equity investors in Grupeer (the company itself, as distinct from P2P lenders on its platform) is not publicly available or was not disclosed prior to its cessation of operations.

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits0

Grupeer ceased operations in March 2020. Consequently, there have been no executive hires or exits in the traditional sense over the past 12 months. Any news concerning former executives primarily relates to ongoing investigations and legal proceedings following the platform's collapse and significant investor losses.

Technology (Tech Stack) used by Grupeer

Discover the tools Grupeer uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Grupeer Email Formats and Examples

While Grupeer is no longer operational and its email servers are inactive, its business email formats likely followed common corporate patterns. These would have been used for platform notifications, investor support, and other business communications.

[first].[last]@grupeer.com

Format

andrejs.kisiks@grupeer.com

Example

0%

Success rate

News and media

P2P EmpireMarch 30, 2020

Grupeer Operations Halted, Cites COVID-19 Amidst Growing Concerns

Grupeer suspended all platform operations and payments in late March 2020, officially attributing the decision to the economic impact of the COVID-19 pandemic. This move, however, quickly raised alarms among investors due to lack of clear communication and pre-existing doubts about some loan originators....more

LSM.lv (Latvian Public Broadcasting)July 6, 2020

Latvian Police Launch Criminal Investigation into P2P Platform Grupeer

Following numerous complaints from investors who lost funds, Latvian state police initiated a criminal investigation into the activities of P2P lending platform Grupeer. The investigation focuses on allegations of large-scale fraud and money laundering....more

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