IDF Eurasia Kazakhstan entity (Solva brand) reports equity investment of $20 million

IDF Eurasia (Solva brand) announced an equity investment of $20 million with Neo Crystal Holdings Limited, a company backed by the Sawiris family and Zoser Capital Partners (ZCP).  The company has further shared the following financial and operational updates: The equity investment aims to allow IDF Eurasia to further scale its digital financial products for […]

IDF Eurasia Kazakhstan entity (Solva brand) reports a total revenue increase of 43% in 2022

IDF Eurasia (legal name MFO OnlineKazFinance JSC) has released its IFRS financial results for 2022 (The external audit of the 2022 financial statements is ongoing and is due to be finalized in late May 2023). The company has provided the following operational and financial information:   Summary of 2022 financial performance Loan portfolio demonstrated 13.4% growth, […]