Encouraged by the popularity of digital banking institutions like Revolut and N26 the group of committed experts has added their savings that are own money to start out Lion Lender.
The core team consist of professionals who possess considerable expertise in finance, IT, marketing, company development, information protection and appropriate. They have been originating from worldwide banking institutions, major neighborhood 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 would be to raise the monetary literacy of this regional populace. Everybody needs to have effortless and access that is convenient monetary solutions without borders вЂ“ global, and comprehend plainly all of the advantages and dangers of lending options.
The business had been launched in 2018. Since that time the group ended up being focusing on IT-system, general market trends, item development, etc., as well as in 2019 the appropriate entity for procedure business ended up being founded and product product product sales had been launched. Presently, the united team is comprised of 28 specialists. The mortgage profile during the moment is EUR 2 million, with profits of almost 100 thousand euros.
вЂњLion LenderвЂќ is definitely a uncommon name brand for the business in Russia. The overwhelming most of the MFIs brands in Russia are linked to вЂcashвЂ™ or вЂmoneyвЂ™. The group made a decision to utilize the European approach in operating the business enterprise and branding.