DelfinGroup

Last Updated: 27.05.2022. Date when the basic information was updated
DelfinGroup
Loans Originated Total volume of loans issued by this company to borrowers since its founding.
€ 371 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.
€ 41.8 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.
5%
Average Interest % The weighted average interest rate of investment opportunities from this lending company.
11.7%
Website:
www.delfingroup.lv
Founded:
2009
Employees:
305
Joined Mintos:
February 2016
Loan Types: The type of linked assets the lending company has issued.
Personal loan Personal loan
Pawnbroking loan Pawnbroking 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:
42%-168%
Outstanding investments: Total volume of outstanding and available investments from this company on Mintos. Updated daily.
€ 42 397 383
Schedule extension: During the first 30 days after the due date of a loan payment, the borrower can opt for extending the loan payment schedule. The maximum number of extensions depends on the loan agreement and can't be more than 6. If the lending company agrees, the loan will be automatically updated, with the new schedule, and the due dates for all outstanding payments will be extended by up to 31 days. Investors will continue to earn the same interest throughout the remaining loan term.
Up to 6

Recent News

10.11.2023

DelfinGroup reports revenue growth of 46% for the first nine months of 2023

01.08.2023

DelfinGroup upcoming webinar: Q2 2023 financial results

23.05.2023

AS DelfinGroup shareholders make public offer of €4.66M

12.05.2023

DelfinGroup publishes Q1 2023 financial results

02.03.2023

DelfinGroup reports 40% profit increase in 2022

22.02.2023

Join DelfinGroup webinar on 1 March at 11:00 EET

15.11.2022

DelfinGroup reports significant increase in income, profit, and loan portfolio in Q3 2022

26.09.2022

Subscription period for DelfinGroup shares has started on Nasdaq Riga stock exchange

12.08.2022

DelfinGroup reports continued growth in Q2 2022

09.08.2022

Join AS DelfinGroup webinar on 15 August at 14:00 EET
All News

About

DelfinGroup was founded in 2009 and is the owner company of the loan originators Banknote and VIZIA. DelfinGroup is the second-largest non-bank consumer lender in Latvia. Since its inception, the company has issued more than 335 million euros of pawn loans and consumer loans and the client base has reached 400 thousand customers. 

Banknote offers personal loans and secured loans using personal property as collateral (pawnbroking) in its 93 branches across Latvia. 

VIZIA specializes in consumer loans, focusing on medium-to-higher income customers and their financial needs in various life situations.

Starting from 06.05.2021 there have been changes in the ownership structure and some equity investors overlap with Mintos.

Presentation

Presentation

Last Updated: 01.03.2023

Financials

Financials

Last Updated: 15.08.2023