Short-term Loans
Short-term loans online within moments, and once approved, transfers up to EUR 500 immediately to the customers. These loans have a repayment duration of 15 to 30 days
Installment Loans
Instalment loans get processed online swiftly, and once approved, the amount is immediately transferred to the customers. They can request sums up to EUR 3,000 with a repayment term ranging from 3 to 24 months
BNPL
Credit line that allows customers to defer online purchase payments for up to 15 days at 0% interest. Alternatively, they can choose to pay over time with lump sum or instalment options
Online Car Title Loans
Car title loans featuring a user-friendly application process and almost immediate approval. The loan is backed by the leased asset, which was owned by the lessee before the deal
Founded 2007
Credissimo Founded
Four visionaries set out to revolutionize the outdated lending market by offering user-friendly online consumer loan solutions, facilitated by embracing cutting-edge technologies
Proprietary Process Automation
Credissimo pioneered an in-house technology that enables automated instant credit approval 7 days a week
Mobile Adoption
By creating a user-friendly mobile website and iOS/Android apps, the company achieved more than 1,400,000 online loan applications
E-Commerce & Utility Bill Payments
Motivated by a vision to offer user-friendly options for its clientele, Credissimo expanded its product range to include E-Commerce financing and direct utility bill payments. As a result, over 300 merchants joined the platform
Initial Public Offering (IPO)
On May 7, 2014, Credissimo successfully went public by listing 2.5 million shares on the stock market
Co-founded ARNL
Co-founded the Association for Responsible Non-Banking Lending (ARNL)
Big Data Scoring & Analytics
By embracing Machine Learning and Big Data technologies, Credissimo significantly improved its loan scoring algorithms
Chatbot Integration
The company also pioneered as the world's first consumer lender to introduce an automated lending chatbot
FinTech Awards
Secured a spot in the Top 10 Alternative Finance at the European FinTech Awards 2017. Won two Forbes Business Awards in 2017 for "Innovations in the Financial Sector" and "Service Quality"
Sale & Leaseback
Credissimo expanded its product range with the introduction of Maxo – an online loan secured by a client-owned vehicle that offers almost immediate approval. This new venture provides greater loan amounts, extended durations, and a varied risk profile
Credissimo Card
The company began operating the product in Q2 2019 in partnership with one of Europe's largest credit card issuers. The ultimate goal of the products is to create an individual client-centered credit line
Car Lease
The Fintech Group broadened the offerings of its specialized digital lending platform, Maxo, which now provides lease and leaseback opportunities for both individual and business clients
Xtra
Introducing a fresh brand and product category tailored for younger demographics, Xtra integrates cutting-edge technology with competitive lending, offering a unique user experience through a straightforward and user-friendly interface
Plati Posle
A BNPL (Buy Now Pay Later) financial tool bundled with an innovative shopping model that permits users to distribute payments for any product or service over a 30-day span without any interest
