Brand Brand New loan originator- Lion Lender
Motivated because of the success of electronic banks like Revolut and N26 the group of committed specialists has added their very own cost savings and capital to start out Lion Lender.
The core team is composed of specialists who possess considerable expertise in finance, IT, marketing, company development, information safety and appropriate. These are typically originating from worldwide banks, major regional IT organizations, fin-tech company, and electronic marketplaces. Lion Lender may be the first faltering step to produce an electronic bank in Russia.
Their objective would be to raise the economic literacy for the population that is local. Everybody needs to have effortless and convenient use of economic solutions without borders – global, and comprehend plainly all of the advantages and dangers of financial loans.
The business ended up being established in 2018. Since that time the group ended up being taking care of IT-system, researching the market, item development, etc., plus in 2019 the appropriate entity for procedure company had been founded and product product product sales had been launched. Presently, the team is made from 28 specialists. The mortgage profile in the moment is EUR 2 million, with profits of nearly 100 thousand euros.
“Lion Lender” is definitely a uncommon name brand for the business in Russia. The majority that is overwhelming of MFIs brands in Russia are attached to вЂcash’ or вЂmoney’. The group chose to make use of the European approach in operating the business enterprise and branding. More over, the scientists unearthed that clients aren’t responsive to the business title into the loans that are short-term. It’ s most crucial to own an excellent item and marketing that is excellent. Lion being a sign of security, self- self- self- confidence, and duty, that is crucial whenever using cash.