Sebo, the fifth-largest non-banking financial services provider in Moldova and part of Eleving Group, shares the following information about its new product, Flexi.
Loan amounts start from €20 and can go up to €900, with the average amount being €230. For the full maturity of six months, the client needs to pay only the interest part, while the principal needs to be repaid only at the end of the term. With this product, Sebo plans to make the customer experience even more convenient by providing more options in terms of repayment structures.
“Sebo managed to become one of the most significant non-bank financial service providers on the market due to our comparative advantages – onsite business model with a broad network of branches; dedicated, professional, and open-minded management and team; and client-oriented processes and products. Having a long-term view of the market position, we are committed to adjusting the business model and strategy to have sustainable development and serve the client needs in the most convenient way; thus, the new flexible and user-friendly product has been launched, and I believe it is a convincing step towards further growth of Sebo.”
Flexi loans will be listed as personal loans on Mintos, with a maturity of up to 6 months. Investors can expect to receive monthly interest payments according to the repayment schedule, with a principal repayment at maturity. Investors can expect a potential net annual return of up to 14%.
Flexi loans will be added to the Diversified and High-yield strategies. If you want to invest in these loans with a custom automated strategy, make sure to adjust your strategy settings. If you’re investing manually, you can filter the loans on the Primary Market.
About Sebo
Sebo is the fifth-largest non-banking financial services provider in Moldova, with a database of more than 250 000 customers and more than 200 employees in a significant network of 42 branches across the country. Sebo has issued more than 650 thousand loans since its establishment in 2017 and holds a current net portfolio of €23 million. Sebo is a part of Eleving Group – an international FinTech operating in 14 countries across three continents. All loans listed by Sebo are covered by Eleving Group guarantee.
Some of the equity investors in Eleving Group and Mintos overlap.
1 Based on statistical data available on the regulator website
