Technology Driven Consumer Finance

Credissimo is a leading European FinTech Group founded in 2007. Our innovative proprietary technology combined with superior customer service enables us to deliver unmatched efficiencies and state-of-the-art consumer finance solutions.

Core Principles

Socially Responsible We support internal and external social initiatives that help our community to grow and develop

Service Excellence Delivering the best possible service to our customers is the ultimate goal we aim to achieve everyday

Constant Innovation We always challenge the status quo through innovation that creates value and convenience for our customers

Teamwork Our company is our team. Our culture is constantly nurtured by our integrity, loyalty and respect

Customer Centric We believe that if we strive to serve our customers in the best possible way, we are destined to succeed as well

Our Strategy

We constantly strive to push the technological boundaries to their limits in order to be at the innovation frontier of the FinTech industry. Our Strategy revolves around the simple convenient solutions that enhance the lives of our clients.

Convenient Application

User Friendly Interface

Superior Customer Support

Omni Channel Marketing

Automated Loan Approval

Proprietary Scoring

Key Facts And Figures

20%

Yearly Portfolio Growth Since 2016

180

Employees

>425k

Disbursed Loans Since 2017

2,000,000

Loan Applications

BBB

Credit Rating Upgrade

70%

Returning Customers

520k

Unique Customers

Operational Markets

EU Financial Supervision & Compliance Credissimo adheres to the highest regulatory requirements and is strictly supervised by multiple European Banking and Financial Services Regulators. Our company prudently follows compliance and regulation requirements in all of the markets where we operate.

Our Products

Short-term Loans Credissimo’s short-term loans are processed online in seconds and the approved amount of up to EUR 500 is instantly transferred to the customers with repayment period of 15 to 30 days.

Installment Loans Instalment loans are processed online in seconds and the approved amount is transferred to customers who can apply for amounts of up to EUR 2,000 with repayment period of 3 to 24 months.

E-commerce POS Financing Pay Later is a credit line that gives the customers the flexibility to delay payment up to 15 days on online purchases with 0% interest or pay overtime with bullet or installment payments.

Online Car Title Loans Credissimo Super is a car title loan with a convenient model of application and near instant approval. It is securitized with the leased asset, owned by the lessee prior to the transaction.

15 Years of Innovations

Founded 2007

Credissimo Founded Four entrepreneurs decided to disrupt the inefficient lending market by providing convenient online consumer loan products - made possible through adoption of the latest technologies

2010

Proprietary Process Automation Credissimo developed in-house an innovative technology that introduced automated instant credit approval 7 days a week

2013

Mobile Adoption Development of user-friendly mobile website and iPhone/Android apps helped the company reach over 1,400,000 online loan applications

E-Commerce & Utility Bill Payments Driven by the vision to provide convenient solutions for its customers, Credissimo diversified its products and introduced E- Commerce financing and direct Utility Bill Payments. 300+ merchants onboarded

2014

Initial Public Offering (IPO) On May 7 2014 Credissimo successfully listed 2.5 million shares on the public markets

Co-founded ARNL Co-founded the Association for Responsible Non-Banking Lending (ARNL)

2015

Big Data Scoring & Analytics Adopting Machine Learning and Big Data technologies further enhanced Credissimo’s loan scoring algorithms

2016

Chatbot Integration The company was also the first consumer lender in the world to launch an automated lending chatbot

FinTech Awards Reached Top 10 Alternative Finance in European FinTech Awards 2017. Received two Forbes Business Awards 2017 for “Financial Sector Innovations” and “Quality of Services”

2018

Sale & Leaseback Credissimo has diversified its product offering by introducing Maxo – an online loan with near-instant approval secured by a vehicle owned by the client. The new company offers larger amounts, higher tenors, and diversified risk

2019

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

2022

Car Lease The Fintech Group extended the product range for its specialized digital lending platform Maxo which now offers lease and leaseback options for both retail and business customers

Xtra A new brand and a product category focused on younger audiences. Xtra bundles state-of-the-art technology and a competitive lending resulting in a novel user experience wrapped into an intuitive and easy to use UI

Board of Directors

Sokol Iankov Chief Executive Officer
Chairman of the Board

George Karpuzov Chief Operating Officer
Board Member

Ivelin Kamburov Chief Financial Officer
Board Member

Emiliyana Neeva Chief Legal Officer
Board Member

Bilyana Christova Chief Marketing Officer
Board Member

Awards

Top 10 in FinTech “Reached the Top 10 Alternative Finance companies in 2017” European FinTech Awards

Fitntech Innovations “Technology innovations in the financial services industry in Bulgaria” Forbes Business Awards

Favourite Brand “Favorite Financial Institution and Favorite Brand” MyLoveMarks

Social Responsibility “Contributing to the overall social responsibility and charity” Business Lady

Press Coverage

Credissimo is the First Company in the World to Launch a Chatbot Service for Online Consumer Loans

Geographical Presence