Last Updated: 20.06.2019.
|Effective APR charged to borrowers:||107%-175%|
|Loans Outstanding on Mintos:||€ 9 561 408|
Bino.lv is one of the leading online short-term consumer lenders in Latvia. The company deploys the latest technologies to ensure instant consumer identification and scoring. The data-driven approach has enabled Bino.lv to build a well-performing portfolio relatively quickly.
The company is led by a management team of professionals that have 10 years’ experience in the online consumer crediting market. Its office is located in Riga, Latvia, which offers a fintech-friendly environment and legal setup, as well as a saturated labour market of experienced online consumer lending and IT professionals.
Some of the equity investors in the loan originator and Mintos overlap.