Loan providers | Bondster

Meet the non-bank lenders

Acema

ACEMA Credit Czech, a.s. has been operating on the Czech credit market since 2000. It strengthened its position with foreign investment in the company in 2012. With the help of this new investor, ACEMA has adjusted its products to make them even more accessible and attractive to a wider range of loan applicants and can therefore offer attractive loans through the Bondster platform. In 2019, the company issued almost 400 loans totaling 449 million. Currently, ACEMA is one of the most significant providers of secured non-bank loans on the Czech market. Acema's fiscal year ends on March 31. The legal obligation to publish annual reports according to the Czech law falls to September 30.

ACEMA Credit Czech, a.s. successfully passed the licensing procedure of the Czech National Bank and, on 4 May 2018, it became a regulated and registered subject with the Czech National Bank. The Czech National Bank's license guarantees transparency, compliance with legal standards and a high level of professionalism.

 

  • www.acema.cz
  • Established: 2000
  • Number of employees: 25
  • Loan types: Mortgages / personal and business secured loans
  • Annual interest rate charged to borrowers: 6.4 - 39%
  • Total volume of loans: CZK 449 milion (2019)
  • Number of loans provided: 400 (2019)
  • Template of loan agreement (in Czech), download here.
Bez Banky

BEZ BANKY s.r.o. specializes in short-term secured business loans. Its services are used by companies that need flexible funding to make a profitable contract or close an or close an attractive deal, or they have to react quickly to arising changes and cannot wait for their request to be processed by a traditional lender. BEZ BANKY was established in 2010 and followed up on more than 15 years of history in providing loans secured by a movable property. The company became part of the RENDIT investment fund in 2016. Secured loans are provided by BEZ BANKY and usually require a real estate to be pledged. The funding provided is up to 50% of the collateral and the typical maturity is between 4 to 8 months.

  • www.bezbanky.cz
  • Established: 2010
  • Number of employees: 5
  • Loan types: Bridging secured loans
  • Annual interest rate charged to borrowers: 24%
  • Total volume of loans: CZK 170 milion (2019), CZK 500 milion since est.
  • Number of loans provided: 110 (2019), 1116 since est.
  • Template of loan agreement (in Czech), download here.
STIKCREDIT

STIK-CREDIT AD is an important provider of consumer loans in Bulgaria. The company started in 2013 and offers two types of products. One is a payday loan of up to 400 levs and the second is a short-term loan for up to 12 months and up to 1 500 levs. STIK-CREDIT is a registered loan originator supervised by the Bulgarian National Bank. During its existence, it has provided over 18,000 loans in total amount exceeding CZK 130 million.

STIK-CREDIT's transparent webpage where investors can always check up-to-date information about the company’s current performance: https://stikcredit.com/

 

  • www.stikcredit.com
  • Established: 2013
  • Loan types: Short-term loans
  • Annual interest rate charged to borrowers: 10-36%
  • Total volume of loans (since 2013): over CZK 130 million
  • Number of loans provided (since 2013): 18 000+
Kviku

Kviku, a trademark of “AirLoans LLC”, is one of the leading online non-banking lenders in Russia. The company has a microfinance licence and is registered with the Russian Central Bank. The company was established in 2013 and operates in Russia, Kazakhstan and Spain. It offers virtual credit cards and POS (point of sale) loans to their clients, as well as instalment loans (for regular clients only). The average loan amount is USD 50 with a repayment term of up to 6 months. In 2018, Kviku reached the milestone of USD 20 million in loans issued. The company operates completely online and does not have any branches. All the loans on Bondster are offered with a buyback guarantee.

 

  • www.kviku.ru
  • Established: 2013
  • Number of employees: 32
  • Loan types: Short-term unsecured loans
  • Total volume of loans provided in 2018: EUR 20.5 milion





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Tez Lombard

Tez Lombard is a chain of pawnshops and one of the market leaders in Kazakhstan.

The main area of its work is in providing consumer loans secured by the borrowers’ property, and the development of the company’s operations. A high level of financial services and an individual approach to each client are the building blocks of Tez Lombard’s work. Thanks to the high quality and reliability of the company's financial services, a lot of customers take out its loans on a regular basis.  The loans offered by Tez Lombard on Bondster are perpetual loans with a maximum maturity of up to 1 year and a buyback guarantee.

 

  • www.lombard.kz
  • Established: 2014
  • Number of employees: 50
  • Loans types: Customer secured loans
  • Interest rates starting at 0.2% per day
  • Loan portfolio worth over EUR 800,000

 

LIME LOANS SOUTH AFRICA

South African company Lime Loans South Africa (Lime Loans SA) belongs to the Russian group Lime Credit Group that was established in 2013 as a microfinance institution certified by the Russian Central Bank. The Group provides loans under the trademark Lime also in Poland and Mexico. Lime Loans SA was established in 2015; it has 10 employees and is seated in Johannesburg. The company provides short-term consumer loans with repayment terms ranging from 5 to 35 days (payday loans) and the principal amount between €20-300. The company is planning to expand its product portfolio and also launched instalment loans at the end of 2019. The company uses a sophisticated automated system that assesses data from several external sources and combines them with verified data from clients’ applications and bank statements. In 2018, Lime Loans SA provided more than 22 thousand loans in the total amount of EUR 2.5 million. The company is growing fast; since the beginning of 2019 until the end of May, it provided over 19 thousand loans in the total amount of EUR 2 million.

 

 

  • www.lime24.co.za
  • Established: 2015
  • Number of employees: 10
  • Loans types: PDL (maturity up to 35 days)
  • Effective interest rate charged to borrowers: 270-1,200% p.a.
  • Total volume of loans provided in 2018: EUR 2,421,611
  • Number of loans provided in 2018: 22,286

 

CREDITGO

Emma’s Credit, which operates under the trade name CreditGO, is a Czech provider of short-term, single payment non-bank loans. The company was founded in 2014 and is authorized to operate as a non-bank consumer credit provider. It provides loans in CZK with an average maturity of 18 days. Loan amounts range from CZK 500 to CZK 20,000.

 

 

  • www.creditgo.cz
  • Established: 2014
  • Number of employees: 22
  • Loan types: Short-term non-purpose loans
  • Annual interest rate charged to borrowers: 36%
  • Total volume of loans provided: CZK 66.9 million CZK (in 2018)
  • Number of loans provided: over 9 thousand (in 2018)
RIGHTCHOICE

Singaporean Right Choice Capital Pte Ltd and its fully-owned Filipino subsidiary Right Choice Finance Corporation (RCF) have been operating as licensed lenders since 2016. The company is a leading provider of business and consumer loans through a business platform that combines its financial products, HR and digital banking software. RCF also provides commercial vehicle loans to ride-hailing drivers in order to help address the transport challenges in the Philippines. RCF is a fully licensed financial company regulated by the Securities and Exchange Commission of the Philippines.

 

  • www.rightchoicefinance.ph
  • Established: 2016
  • Number of employees: 85
  • Loan types: secured and unsecured personal and business loans, car loans, foreign-worker loans
  • Annual interest rate charged to borrowers: 24-60%
  • Total volume of loans provided: EUR 12.05 million
  • Number of loans provided: 3000+
LimeMX

Lime MX, a subsidiary of Lime Credit Group (LCG), is a Mexican non-bank loan originator which has been operating since 2018. It provides online payday and instalment loans. LCG is a reliable and successful lender. Apart from establishing subsidiaries in South Africa, it is planning to expand to Vietnam, Hong Kong, Spain and Brazil in the near future. The loans, which will be listed on Bondster, will come with a buyback guarantee provided by the Mexican branch. Since the company’s history is relatively short, the mother company Lime Credit Group guarantees the fulfilment of Lime MX’s liabilities in case the latter fails to meet them.

 

  • www.lime24.mx
  • Established: 2018
  • Number of employees: 18
  • Loan types: unsecured payday loans
  • Effective interest rate charged to borrowers: 720% p.a.
  • Total volume of loans provided in 2019: EUR 1.3 million
LIMEZAIM

Lime Zaim is a Russian non-bank provider of instalment and payday loans. It is a part of Lime Credit Group (LCG), just like its sister companies Lime SA and Lime MX, which also offer loans for investment on Bondster. The loans are offered with a buyback guarantee, and in case Lime Zaim fails to meet its liabilities, the mother company Lime Credit Group guarantees their fulfilment.

  • www.lime-zaim.ru
  • Established: 2013
  • Number of employees: 175
  • Loans types: Short-term Uunsecured installment consumer loans
  • Effective interest rate charged to borrowers: 251 - 574% p.a.
  • Total volume of loans provided in 2018: EUR 39 million
  • Number of loans provided in 2018: 297.760 (November 2019)
RapiCredit

The Colombian company Rapicredit.com (Compañía de Créditos Rápidos SAS) was established in 2014 as Colombia’s second online lender in the area of small loans. Rapicredit is owned by an American company Credimax LLC and offers its financial products online. It aims at the general public and promotes access to credit to drive financial inclusion, while its main focusis on Colombia´s middle class (about 20 million people) that has been underserved by traditional financial institutions. The company is based in Bogotá but its R&D team is in Medellin. Today, it has more than 80 internal and over 30 external employees. Rapicredit provides short-term consumer loans with repayment terms ranging from 5 to 150 days and principal amounts between €20-300. The company is planning to expand its product portfolio and launched instalment loans in mid-2020. The company uses a sophisticated automated system that assesses data from several external sources and combines them with the verified data from the clients’ applications,credit bureaus and social security databases. In 2019, Rapicredit provided more than 276 thousand loans in the total amount of EUR 18.7 million. The company’s growth has been doubling each year since its launch in April 2014, and reached half a million loans in the total amount exceeding EUR 40 million in December 2019.

  • www.rapicredit.com
  • Established: 2014
  • Number of employees: 81
  • Loan types: short-term loans - 30-day loans with the possibility of up to 4 extensions.
  • Annual interest rate charged to borrowers: 25% p.a.
  • Total volume of loans: EUR 18.730.285 (2019)
  • Number of loans provided: 276.189 (2019)
Ibancar

Ibancar World is a Spanish provider established in 2014. Ibancar´s product is unique in the country because its loans are secured by the borrower´s car, which can be used by its owner before the loan is repaid, and only serves as a guarantee in case the borrower stops repaying the loan. Ibancar offers short-term loans of up to €6,000 from 12 to 36 months. Since its inception, the company has issued loans worth over €3,500,000, and in February 2021 Ibancar reached the milestone of €250,000 issued loans per month. Ibancar offered its class A securities to angel investors and raised €1.5m in 2020.

Investors can visit Ibancar World’s transparent website where they can always find up-to-date information about the company’s current performance: https://p2p.ibancar.com/

 

  • www.ibancar.com
  • Established: 2014
  • Number of employees: 20
  • Loan types: Consumer loans secured by motor vehicles
  • Annual interest rate charged to borrowers: 40-50% p.a.
  • Total volume loans provided (since 2014): € 3,500,000
  • Total volume of loans provided (in 2020): € 1,374,000
  • Number of loans provided (since 2014): 1,200 +
  • Number of loans provided in 2020: 457
ITF Group

ITF Group JSC has been registered with the Bulgarian National Bank as a non-bank financial lender since 2013 and operates exclusively on the Bulgarian market. To date, the company has developed two brands: SmileCredit, specialized in providing online consumer loans of up to €750 and GetCash, specialized in providing consumer loans of up to €2,500 through its nationwide office network. ITF Group has developed and continues developing its proprietary platform, which features  comprehensive technological solutions for risk-assessment, customer support, issuing loans and accepting related payments, including Business Intelligence tools. ITF Group. has been registered with the Bulgarian National Bank since the beginning of its operations. All loans on Bondster are secured by a buyback guarantee.

 

  • www.itfgroupbg.com
  • Established: 2013
  • Number of employees: 56
  • Loan type: Short-term consumer loans
  • Annual interest rate charged to borrowers: 41% p.a.
  • Total volume loans provided (since 2013): over 29 million euro
  • Number of loans provided (since 2013): over 132 thousand
Juancho Te Presta

Colombian company Juancho Te Presta SAS was established in 2019 and addresses the needs of thousands of middle-class employees and gig workers, who have been under-served by Colombian banks or turned to loan sharks to borrow money. Theompany provides instalment loans for up to 2 times the salary/income with a maturity of up to 24 months. Juancho Te Presta uses its own fine-tuned credit algorithms to minimize delays in the lending process but maintains a thorough KYC. They were the 1st fintech in the country to use video streaming for checking the identity of its customers and employ bank screen scraping tools to assess and validate its customers. The company was also the 1st fintech in the market to have a product tailored for women, with special scorecards for a better assessment of their risks and setting the price accordingly. Juancho Te Presta uses alternative data from the social security system and other databases which enables it to filter 4 out of 5  applications that fail to meet its standards. Since its launch in December 2019, the company has issued more than 2,000 loans, processed over 50 thousand applications and has more than 50 thousand visits to its website every month. The team is comprised of over 20 professionals with rich experience in retail, fintech and finance. Through its partnership with Rapicredit.com (leading short-term lender in Colombia with more than 750 thousand issued loans), Juancho Te Presta shares experience, processes and best practices. The company is based in Medellin.

 

  • www.juanchotepresta.com
  • Established: 2019
  • Number of employees: 20+
  • Loan types: Instalment loans for up to 2 times the salary/income with a maturity of up to 24 months
  • Annual interest rate charged to borrowers: 26.5% p.a.
  • Number of loans provided (since 2019): 2,000+
TengeDa

Company MFO "Dengi Govoryat" with "TengeDa" brand name is a member of Silkway Group, a fast-growing fintech operating in Kazakhstan. We are on a mission to boost responsible lending through technology-enabled products and a user-centric approach. We have created an ecosystem that offers a better way for users to access credit than any other single lender can offer. Our Prodengi.kz marketplace connects consumers with multiple banks and alternative lenders including ourselves. Unlike traditional online lenders, we offer our loan products among others on the same platform - transparently and with no additional fees. The company started its way in 2010 as a financial price comparison website and has grown over the years to become a diversified business with 2 revenue streams: balance sheet lending and commission-based revenue. It has over 100 employees, 2.5million users, a $5mln loan portfolio and created over $150mln in loan originations for other lenders. Its newly established lender TengeDa was set up to meet the regulatory requirements introduced in Kazakhstan in 2020.

 

  • tengeda.kz
  • Established: 2019 (the Group in 2010)
  • Number of employees: 89
  • Loan types: Short-term consumer loans
  • Annual interest rate charged to borrowers: 30% p.a.
Autofino

Autofino is a secured financing provider which offers long-term second-hand car leasing services for individuals and small businesses with a possibility to buy the vehicle at any point. The company maintains the ownership of the vehicle, and by doing so, it secures the loan in case the borrower fails to make repayments. A typical vehicle is 10+ years old with an average price of €3,500 which makes it liquid and depreciate slowly. Such business model is less risky than standard loans and enables to target client groups with limited access to traditional financial services. Autofino focuses on people with income from abroad, sole proprietors and small businesses, among other clients. The company is structured in a lean and efficient manner by standardizing and automating all its major operations to minimize costs and reduce human error. It was founded and broke even in 2018 with its profitability growing further in 2019 and 2020. Autofino sees strong demand for its services and offers attractive high-return investment opportunities with a buy back guarantee to finance its portfolio growth.

 

 

  • www.autofino.lt
  • Established: 2018
  • Number of employees: 5
  • Loan types: Leasing services for affordable cars with a possibility to purchase the vehicle
  • Annual interest rate charged to borrowers: 30 - 60% p.a.
  • Total volume loans provided: €1.25+ million
  • Average loan maturity: 41 months
NordCard

NordCard (Hedge Capital Company LLC), was launched in February 2016 as a FinTech company offering innovative to that time and market credit card product with credit line functionality in a non-banking segment. NordCard payment card, the product and the service, has undertaken 4 development cycles for now, meaning, that our clients can now enjoy stable, modern, flexible, secure and trustworthy product. Our payment card can be used all over the world for secure Online purchases, payments and ATM cash withdrawals – it is more than 32 million of retailers and 600 thousand of ATMs worldwide. In April 2017 NordCard launched additional product – credit line to bank account, where clients can enjoy all the beauty of credit line without having actual payment card. By transferring money within the credit line limit to private bank accounts, customers can further make payments from their bank account or top up other owned payment cards. Along with other service improvements NordCard recently has launched full self-service Online Banking system for their customers, to ensure they can easily manage their credit line accounts and payment cards, as well as communicate with us.

 

  • Established: 2016
  • Members of a team: 15
  • Loan types: Personal loans
  • Annual interest rate charged to debtors: 28.8 - 41.6% p.a.
  • Total volume of granted loans: €6+ million
  • Number of loans provided: 6,000+