E I will jam IFI

E I will jam – the Russian project of the international financial technical-company FinaBay working also in Denmark, the Czech Republic, Poland, Latvia, Georgia and Mexico. Since the beginning of work in 2009 issue volume online of loans of FinaBay made more than 220 million euros.

Business processes of the company are based on use of high technologies and the analysis of Big Data – with their help E loan issues to the clients loans in several minutes, saving the stable level of risks. Also TWINO in Russia include service of online crediting Moneza providing in several minutes loans up to 60 thousand rubles for up to one year.

2016: RAEX: E I will jam – IFI, largest in Russia, on the volume and quantity of the issued online loans

According to a research of RAEX rating agency the company E loan became the online player, largest in Russia, on the volume and quantity of the issued microloans and also entered in top-3 in this segment by the portfolio size. For the second half of the year 2015 the company issued 106,198 loans or 877.4 million rubles. In a year these indicators grew by 111% and 199% respectively.

Also analysts of the agency turned on E loan in Top-3 of IFI by the portfolio size in a segment of the microloans issued online. On 1/1/2016 a portfolio of loans of the company made 310.5 million rubles with an annual height of 105%.

Arrears 60+ at the end of 2015 were 16.4%. Level of approval of requests for a loan last year grew to 18%.

According to RAEX on 1/1/2016 total portfolio of microloans of IFI increased by 25% (against 28% the previous year) and reached about 63 billion rubles.

See Also

• Debt for telecommunication services (Debts of Russians for communication services)
• Debt for housing and communal services
• Crediting in Russia (unsettled debts, debt)
• Recourse and subrogated debt in Russia