Brand brand New loan originator Lion Inspired because of the success of digital banking institutions like Revolut
Influenced because of the popularity of electronic banking institutions like Revolut and N26 the group of ambitious specialists has contributed their very own cost savings and money to start out Lion Lender.
The core team is composed of specialists who possess substantial experience with finance, IT, marketing, company development, information safety and appropriate. They have been originating from worldwide banking institutions, major regional IT businesses, fin-tech company, and electronic marketplaces. Lion Lender may be the step that is first create an electronic digital bank in Russia.
Their objective is always to boost the monetary literacy of this population that is local. Everybody need to have simple and access that is convenient economic solutions without borders вЂ“ global, and comprehend obviously most of the advantages and dangers of financial loans.
The organization ended up being started in 2018. Ever since then the group had been taking care of IT-system, marketing research, item development, etc., plus in 2019 the entity that is legal procedure company had been founded and product product sales had been launched. Presently, the team is made of 28 specialists. The mortgage portfolio in the brief moment is EUR 2 million, with profits of almost 100 thousand euros.
вЂњLion LenderвЂќ is definitely a uncommon brand for an organization in Russia. The majority that is overwhelming of MFIs brands in Russia are attached to вЂcashвЂ™ or вЂmoneyвЂ™. The group made a decision to make use of the approach that is european operating the business enterprise and branding. Moreover, the scientists found that prospective clients aren’t responsive to the business title into the loans that are short-term. ItвЂ™ s most critical to possess a great item and exceptional advertising. Lion as being a sign of stability, confidence, and duty, that will be payday loans in Arizona essential whenever using cash.Read more