IuteCredit, a European retail finance company, shared its unaudited effects during the first 6 months of 2021.
As noted through the Mintos team, luteCredit reported on the operational, strategic and monetary highlights of its business, according to comments from its Managing Director.
The operational highlights of luteCredit are as follows:
Strategic highlights
Financial highlights
Tarmo Sild, chief executive of IuteCredit Group, said:
“The second quarter of 2021 is the first quarter of genuine expansion we’ve been looking for since last fall. Surpassing 29 million euros for all the Group’s money in the first part of 2021, we even reached a new record in overall revenue. The trend towards irreversible and constantly accelerating digitization is also reflected in IuteCredit’s burgeoning business.
Tarmo added:
“In the first six months of 2021, we generated more than 6% of the overall profit from payments, card and money transaction-like facilities through IuteCredit’s exclusive ATMs, which can be accessed seamlessly and temporarily with a smartphone. debit or credit card. And more than that, more than 20% of all visitor firms at the time of the 2021 quarter were founded on a smartphone, employing one-time passwords or biometric data.
IuteCredit, founded in 2008, is a well-established European non-public financial company. The Group specializes in client loans through its subsidiaries, one hundred percent in equity and debt equity.
Lately, IuteCredit provides services to clients in Moldova, Albania, North Macedonia, Bulgaria and Bosnia and Herzegovina. IuteCredit’s credit products are loans to unsecured customers with maturities “between 1 month and 36 months and auto-backed loans with maturities of up to 60 months. “
IuteCredit’s project is to “create ordinary fun in the non-public finance box by exceeding visitors’ expectations. “
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