Encouraged because of the popularity of electronic banking institutions like Revolut and N26 the group of committed specialists has added their very own cost savings and money to start out Lion Lender.
The core team is comprised of specialists who possess considerable experience with finance, IT, marketing, company development, information safety and legal. These are typically originating from worldwide banking institutions, major regional IT organizations, fin-tech company, and electronic marketplaces. Lion Lender could be the first rung on the ladder to produce an electronic bank in Russia.
Their objective would be to raise the monetary literacy of this neighborhood population. Everybody must have simple and convenient use of economic solutions without borders вЂ“ global, and comprehend plainly most of the advantages and risks of financial loans.
The organization ended up being established in 2018. Since that time the group had been focusing on IT-system, researching the market, item development, etc., as well as in 2019 the entity that is legal procedure company ended up being founded and product sales were launched. Presently, the team is made of 28 specialists. The mortgage profile during the brief moment is EUR 2 million, with profits of almost 100 thousand euros.
вЂњLion LenderвЂќ is definitely a uncommon name brand for an organization in Russia. The majority that is overwhelming of MFIs brands in Russia are attached to вЂcashвЂ™ or вЂmoneyвЂ™.