 | |
| Company type | Private company |
|---|---|
| Industry | Financial services |
| Founded | 2012 |
| Headquarters | , |
Key people |
|
Number of employees | 380 [2] |
| Website | idfinance |
ID Finance is a financial technology company founded in 2012 by Boris Batine and Alexander Dunaev. [3] [4] It is predominantly focused on emerging markets, which are characterized by noncompetitive financial services, limited availability of credit and high barriers to entry. [5] [6]
ID Finance's proprietary IT and risk management system collects and analyses thousands of data points in order to process loan applications in real time over the internet. [7] [8]
ID Finance is headquartered in Barcelona.
It was formally split from its operations Russia, the CIS region and Eastern Europe (which became IDF Eurasia) in 2018. [9]
The company employs more than 400 people. The company owns the brands MoneyMan (short-term online lending service), AmmoPay (automated POS lending service) and Solva (online service for issuing medium-term loans up to a year). ID Finance operates in the markets of Russia, Spain (Moneyman.es, Plazo.es), Kazakhstan, Georgia, Poland, Brazil and Mexico.
The company has raised €60m since 2015 including €5.8m of equity and €54m through debt.[ citation needed ]
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