IDF EURASIA

Last Updated: 18.03.2020. Date when the basic information was updated
IDF EURASIA
Loans Originated Total volume of loans issued by this company to borrowers since its founding.
€ 662 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.
€ 92.7 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.
12.7%
Founded:
2012
Employees:
1600
Joined Mintos:
March 2020
Loan Types: The type of loan the company has issued to borrowers.
Personal loan Pledge type group unsecured
Short-term loan Pledge type group payday
Countries: Countries in which the loans were issued by the lending company.
Currencies: Currencies in which investment opportunities from the company are offered.
EUR, KZT, RUB
Annual percentage rate charged to borrowers:
41%-56%
Outstanding investments: Total volume of outstanding and available investments from this company on Mintos. Updated daily.
120 248 892
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

About

IDF Eurasia is the market leader in online lending in Russia and Kazakhstan. The company operates under the brands' Moneyman and Solva. IDF Eurasia makes borrowing money convenient and affordable to anyone with an internet connection. The company uses state-of-the-art technology in its decision-making system, adheres to principles of responsible lending and contributes to the sustainable financial development of society. IDF Eurasia has been recognized as the most innovative financial company by the Innovation Time Award. Solva has entered the list of top five major MFIs according to the National Bank of Kazakhstan.

Last Updated: 11.08.2021

Last Updated: 18.06.2020