ID Finance

Type| Private company
Industry| Financial services
Founded| 2012; 14 years ago (2012)
Headquarters|

Barcelona

Spain

Key people

* Boris Batine (CEO)
* Alexander Dunaev (COO)[1]

Number of employees

| 380[2]
Website| {{{1}}}

ID Finance is a financial technology company founded in 2012 by Boris Batine and Alexander Dunaev.[3][4] It is predominantly focused on emerging markets, which are characterized by noncompetitive financial services, limited availability of credit and high barriers to entry.[5][6]

## Contents

* 1 Technology
* 2 Operations
* 3 Funding
* 4 References
* 5 External links

## Technology

ID Finance's proprietary IT and risk management system collects and analyses thousands of data points in order to process loan applications in real time over the internet.[7][8]

## Operations

ID Finance is headquartered in Barcelona.

It was formally split from its operations Russia, the CIS region and Eastern Europe (which became IDF Eurasia) in 2018.[9]

The company's head office is located in Barcelona. The company employs more than 400 people. The company owns the brands MoneyMan (short-term online lending service), AmmoPay (automated POS lending service) and Solva (online service for issuing medium-term loans up to a year). ID Finance operates in the markets of Russia, Spain (Moneyman.es, Plazo.es), Kazakhstan, Georgia, Poland, Brazil and Mexico. ID Finance also plans to enter the markets of Colombia, Peru and the USA.

## Funding

The company has raised €60m since 2015 including €5.8m of equity and €54m through debt.[citation needed]

## References

1. ↑ Mavadiya, Madhvi (18 June 2017). "Russian Fintech And Their Fight Against Geopolitics". Forbes. https://www.forbes.com/sites/madhvimavadiya/2017/06/18/russian-fintech-geopolitics/#3631d365f432.
2. ↑ "ID Finance - FinTech Profile". 5 July 2017. http://fintechprofile.com/2017/07/05/id-finance/.
3. ↑ Moshinsky, Ben (9 February 2017). "'We like it when things are difficult:' Meet the 29 and 33-year-old fintech founders who can set up a profitable bank in 9 months" (in en). Business Insider. http://www.businessinsider.com/id-finance-profile-boris-batin-and-alexander-dunaev-2017-2?IR=T.
4. ↑ "ID Finance's Emerging Markets Alt Lending Fix | PYMNTS.com" (in en-US). 8 August 2017. https://www.pymnts.com/news/alternative-financial-services/2017/russian-id-finances-emerging-markets-alt-lending-fintech-credit-fund/.
5. ↑ "Barcelona's ID Finance raises $50 million in debt funding to expand fintech to developing countries". VentureBeat. 16 February 2017. https://venturebeat.com/2017/02/16/barcelonas-id-finance-raises-50-million-in-debt-funding-to-expand-fintech-to-developing-countries/. Retrieved 3 April 2017.
6. ↑ Finextra (2018-02-27). "Online lender ID Finance bolsters security with beahvioural biometrics" (in en). Finextra Research. https://www.finextra.com/pressarticle/72792/online-lender-id-finance-bolsters-security-with-beahvioural-biometrics.
7. ↑ "ID Finance to Incorporate Behavioral Biometrics to AI-Based Fraud Scoring Engine | Crowdfund Insider" (in en-US). Crowdfund Insider. 2018-02-27. https://www.crowdfundinsider.com/2018/02/128880-id-finance-incorporate-behavioral-biometrics-ai-based-fraud-scoring-engine/.
8. ↑ Banker, The. "TechTalk: Interview with Alexander Dunaev, ID Finance" (in en-GB). http://www.thebanker.com/video/v/5731451644001/techtalk-interview-with-alexander-dunaev-id-finance.
9. ↑ "ID Finance secures £1.5m within minutes on Crowdcube" (in en). 2019-10-16. https://www.finextra.com/pressarticle/80268/id-finance-secures-15m-within-minutes-on-crowdcube.

## External links

0.00

(0 votes)

Original source: https://en.wikipedia.org/wiki/ID Finance. Read more

|

Retrieved from "https://handwiki.org/wiki/index.php?title=Company:ID_Finance&oldid=251856"