Sun Finance
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Sun Finance Group is a Latvian financial technology company known for operating an online and mobile lending platform in seven countries.[1] The company was founded by Toms Jurjevs and Emils Latkovskis.[1] It is headquartered in Riga, Latvia.[1]
History
Prior to founding Sun Finance Group, Jurjevs was CEO of non-bank creditor company 4finance.[2][3] His co-founder Emils Latkovskis was a former footballer,[4] CEO of the Latvian Higher League, and a board member of the Latvian Football Federation and UEFA Futsal and Beach Soccer committee member.[5][6][7][8][9][10]
In 2019, Sun Finance Group unified all of its loan originators under the Sun Finance brand.[11]
Sun Finance Group pulls its financing from sources such as bonds issued on NASDAQ and the Mintos peer-to-peer platform.[11][12] The company issued its first bonds in 2019 while had its second bond issuance in October 2020.[12][13]
Countries with operations
Sun Finance Group operates in the countries of Sweden, Denmark, Poland, Latvia, Vietnam, Kazakhstan, and Mexico.[12] The company provides services such as short-term loans,[14][15] line of credit, and installments. Sun Finance uses data processing models that consider up to 10,000 data points to assess client risk.[16]
References
- ^ a b c Latvian FinTech company named among Europe's fastest-growing
- ^ «4finance» bijušais vadītājs Toms Jurjevs dibinājis finanšu tehnoloģiju uzņēmumu «Fintech»
- ^ Fintech multimākslinieks
- ^ Latkovska vārti nodrošina dueli pret Kļaviņu, "Skonto" iesit 17
- ^ diena.lv
- ^ [1]
- ^ Ļašenko kļūst par Latvijas Futbola federācijas prezidentu
- ^ Match-Fixing and Money Laundering: The Bitter Demise of Latvian Soccer
- ^ Vadims Lasenko elected president of Latvian Football Federation
- ^ [2]
- ^ a b Sun Finance unifies its loan originators under one group
- ^ a b c Sun Finance Group records more than EUR 100 million of turnover in 2019
- ^ Signet Bank successfully completes the subscription for the bonds of Sun Finance Group by the Baltic Times
- ^ Sun Finance expands and offers new investment opportunities in Vietnam on Mintos
- ^ Should You Trust The Mintos Lender Ratings?
- ^ Sun Finance grupa trīs gados uzsāk darbu trīs kontinentos