BB Finance

BB Finance
Loans Originated Total volume of loans issued by this company to borrowers since its founding.
153.8 M
Loan portfolio Loans issued by the lending company to borrowers at the time of the most recent financial statement that are current or less than 60 days late.
17.8 M
Buyback obligation A credit enhancement given by the lending company or other entity to the Issuer for a particular Set of Notes. If an underlying loan is more than 60 days late, the lending company is obligated to buy back the investment at nominal value plus accrued, outstanding or late interest. Usually, this means investors will be able to recover their investment in case of a borrower default.
With a buyback obligation
Skin in the Game To ensure the interests of a lending company and investors are aligned, the company is required to keep a stake of each investment opportunity it offers through Mintos. This is called the company's skin in the game.
10%
Average Interest % The weighted average interest rate of investment opportunities from this lending company.
11.6%
Founded:
2006
Employees:
18
Joined Mintos:
03.01.2024
Loan Types: The type of linked assets the lending company has issued.
Personal loan Personal loan
Countries: Countries in which the linked assets were issued by the lending or rental company.
Currencies: Currencies in which investment opportunities from the company are offered.
EUR
Annual percentage rate charged to borrowers:
48.9%
Outstanding investments: Total volume of outstanding and available investments from this company on Mintos. Updated daily.
6 610 840

About

BB Finance OÜ is a consumer lending company operating in Estonia since 2006. The company operates under the laws of the Republic of Estonia and is under the supervision of the Estonian Financial Supervision and Resolution Authority. BB Finance operates in Estonia under two main brands: Raha24 and HyBa offering credit line product. The company focuses on user experience, responsible lending practices, and fast service. The usage of technology, as well as efficiency, is emphasized as part of BB Finance’s brand.

Last Updated: 26.07.2024

Last Updated: 29.07.2024