CREDISSIMO: A LEADING EUROPEAN FINTECH COMPANY IS ALREADY IN COLOMBIA
Founded in Bulgaria in 2007, Credissimo is a leading European FinTech group that utilizes innovative proprietary technology to provide instant online consumer loans. Throughout its 14 years of operations, the company has proven to be one of the fastest growing fintechs in the European non-financial banking sector: by the beginning of March 2020, the Company website has been visited by more than 4 million users looking for alternative personal financing solutions. Back in 2010, Credissimo was among the pioneers to introduce a fully online business model, that turned it into one of the leading modern fintech companies to develop a customer-centric and environmentally friendly operations, which secured Credissimo’s position as the number
one online lender in Bulgaria, a positioning it has kept ever since. In August 2015, Credissimo became the first business in the sector to receive a BB+ long-term credit rating certification, and a B short-term credit rating from BCRA /Bulgarian Credit rating Agency/. The current long-term credit rating has been updated to a BBB, with a stable prospective. In January 2017, Credissimo became the first company in the world to launch a fully automated lending chatbot in Facebook Messenger. Later the same year, the Company was recognized as one of the top companies in Europe in the Alternative Finance category at the European Fintech Awards.
CREDISSIMO AT A GLANCE 1st in Bulgaria to offer near-instant approval process (next best alternative was 24 hours)
1st in the industry in the world to offer Chatbot service
Innovative new service “Pay Later” (delayed payment for online shopping)
established
2007
2008
2009
Launch of a new proprietary technology for real-time application processing
2012
2013
+ 100,000 loan applications reached
1st in Bulgaria to offer purely online lending
1st in Bulgaria to offer bill payment financing
1st in the industry in Bulgaria to be awarded a credit rating*
2014
2015
+ 1,400,000 loan applications and +140,000 Facebook followers reached
+400k followers on Viber
Expansion in Poland
2016
International expansion in Macedonia
Forbes Business Awards 2017 “Financial Sector Innovations” & “Quality of Services”
Expansion in Colombia
2017
“Favourite Financial Institution in Bulgaria” & Favourite Bulgarian Brand” Award by Mylovemarks
2018
Product diversification
“Most Innovative Company for 2015” Award by B2B Media
* Credit rating was awarded by Bulgarian Credit Rating Agency AD.
CREDISSIMO |
85
