Bino

Last Updated: 20.06.2019.

Bino
Loans Originated
€ 54.2 M
Loan portfolio
€ 7.5 M
Buyback Guarantee
With a buyback guarantee
Skin in the Game
10%
Average NAR%
12.3%
Website: www.bino.lv
Founded: 2017
Employees: 27
Joined Mintos: 12.12.2017
Loan Type: Short-Term Loan
Country: Latvia
Currency: EUR
Effective APR charged to borrowers: 107%-175%
Loans Outstanding on Mintos: € 8 717 420

About

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.