Last Updated: 05.08.2019. Date when the basic information was updated
Loans Originated Total volume of loans issued by this company to borrowers since its founding.
€ 76.6 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.
€ 26.1 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.
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.
Average Interest % The weighted average interest rate of investment opportunities from this lending company.
Joined Mintos:
Outstanding investments: Total volume of outstanding and available investments from this company on Mintos. Updated daily.
2 510 132


Founded in 2016, ExpressCredit group is a Latvia-based consumer lending company operating across several Sub-Saharan Africa markets, including Namibia, Zambia, Botswana, and Lesotho. With more than 60 branches, ExpressCredit operates a multi-channel lending platform for government and private sector employees underserved by mainstream financiers. It offers online alternative lending solutions in countries driven by offline lending options while maintaining compliance with KYC and other regulatory requirements. The group also has agreements with private companies, unions, and government institutions (deduction codes) to enable its entities to debit repayments from borrowers’ salaries directly.

ExpressCredit group remains committed to its long-term growth strategy and has strengthened its corporate governance by incorporating local boards of directors in its countries of operation.

Some of the equity investors of ExpressCredit group and Mintos overlap

Last Updated: 09.06.2022