Today we are delighted to open a new and exciting page in the “Hive Finance” story. We are launching our first consumer lending company, “Ekspres Pozyczka”, in Poland. Why Poland? Firstly, it is one of the biggest consumer markets in Europe and has a stable and growing economy. On top of that, we have attracted a very ambitious and strong team with more than 20 years of proven track record in lending. We believe it unlocks many opportunities to achieve important business goals.
“Ekspres Pozyczka” offers up to 30 days of short-term consumer loans with an option to extend repayment for extra 30 days by paying an extension fee. The typical amount range is between 100 Eur and 400 Eur. Whether the clients need to make a small purchase or fulfil their daily needs, our services may be the best option. Besides, a consumer loan could usually be the only solution for handling an emergency bill or paying off another debt. The team is ready to provide simple, fast and transparent services by putting clients’ wants first.
It is essential to put a strong emphasis on responsible lending. The primary criteria for getting a loan: clients must be over 21 years old Polish citizens with a constant income source. The company strongly focuses on big data analysis and uses the advanced and most innovative self-learning risk decision engine. Thus, we have implemented a scoring model that includes many factors for effective risk management. By using this scoring model, we could be prepared in case of many issues in the global economy. Additionally, our international team with significant experience is ready to make lending processes in Poland more straightforward and convenient.
The company has an ambitious plan to reach total funding of 8 mln Eur by the end of this year. We are ready to utilise innovative IT solutions that enable quick and reliable risk assessment and loan decisions in just 15 minutes. Wojciech Homan, the CEO of “Ekspres Pozyczka” says: “Our mission is to be locally known as an easy to use, transparent and reliable personal loan provider. We strongly believe that the clients will love the speed, high-quality customer service and transparency with no hidden fees or commissions. In the first year of operation, we have a strategic plan to build credibility and gain borrowers’ trust. Moreover, our team has a strong, can-do attitude which will definitely play a key role in achieving ambitious business goals.”
Furthermore, after launching our online investment platform “Hive5” in July, everybody will be able to invest in consumer loans of “Ekspres Pozyczka” and earn up to 13% annual return.
