iBAN, operated by the Bulgarian company SU GROUP BG AD, was a financial technology platform launched in 2017. It functioned as a peer-to-peer marketplace, allowing individuals to invest in a portfolio of pre-funded loans originated by third-party lending companies. The platform attracted investors by promising fixed returns and a "Buyback Guarantee" on investments, suggesting a low-risk profile. However, the company faced regulatory scrutiny, suspended operations and withdrawals in early 2020, and subsequently filed for bankruptcy, resulting in significant losses for its clients.

Founded in

United States