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.
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
5
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 IankovChief Executive Officer Chairman of the Board
George KarpuzovChief Operating Officer Board Member
Ivelin KamburovChief Financial Officer Board Member
Emiliyana NeevaChief Legal Officer Board Member
Bilyana ChristovaChief Marketing Officer Board Member