Nazarov Levan Davidovich

Nazarov Levan Davidovich

Founder of Balance-Platform. He studied at the Skolkovo business school. The author of inventions in the field of digital financial technologies, for which 15 patents were obtained. Investor.

Education

He studied at school number 1299.

In 2008 he was educated at MEPhI.

In 2011, he completed his course at the MIT Sloan School of Management.

Biography

Levan was born in Moscow.

2006-2010

From 2006 to 2008 he worked as a project manager at BMW.

From 2008 to 2010 he worked for Volkswagen.

2011-2017

In 2011, he began working as CEO and the status of managing partner of MILI.

As of April 17, 2017, Levan Nazarov works as the CEO of MILI.

2024

On April 8, 2024, Headhunter International Joint Stock Company (MKAO), the new parent structure of the HeadHunter group, announced a change in the shareholder structure. In particular, the share of 10.33% was acquired by the creator of fintech startups Levan Nazarov. There is no information on the value of the transaction as of the specified date. Read more here.

Date of birth: 8.10.1985

Place of birth: Tbilisi, Georgian SSR

Education:

• National Research Nuclear University NRNU MEPhI (2002-2008)
• Skolkovo Business School, MBA (2010-2011)
• MIT Sloan School of Management (2012)

Places of work:

• BMW AG, Project Office Manager (2006-2008)
• Volkswagen Group Rus, Head of Project Office (2008-2010)
• MILI.ru, CEO, Managing Partner (2011-2018)
• Balance-Platform, founder, president of the company (2018-present bp)

Marital status: unmarried

Social media: None

Children's and school years

Levan Nazarov was born on October 8, 1985 in the capital of the Georgian SSR - Tbilisi, father and mother are engineers. As a result of the civil war that took place at home, the Nazarov family decided to move to Moscow, which it did in 1996.

One of the reasons for the family decision to change their place of residence to the capital of Russia was the desire to provide children with access to high-quality education. Levan Nazarov entered the Moscow technological school ORT. Here his abilities in mathematics and interest in IT technologies manifested themselves. At school, he also took up programming and cybernetics closely. In 2002, Levan Nazarov easily passed the entrance exams to the National Research Nuclear University (NRNU MEPhI) at the Faculty of Information Security in order to study financial technologies in conjunction with intelligent cyber systems. In 2008, Nazarov successfully graduated from the university and received a diploma of higher technical education.

Early career

As a student, while in his fourth year, Levan became a project manager in the project office of BMW AG. Two years later, in 2008, he headed the project office of the Russian representative office of Volkswagen Group Rus, where he worked until 2010. In the future, giving an interview, Nazarov noted that this experience in the two largest automotive concerns in the world was a kind of corporate university for him. Levan is closely engaged in project management and business processes, and its activities take place in the territory of not only the Russian Federation, but also Germany.

Studying at Skolkovo and launching the first development

In 2010, Levan Nazarov resigned from the concern and entered the Skolkovo business school to receive an MBA. He graduated in 2011. During his studies, he initiates an idea that at that time was progressive: to conduct an assessment of the creditworthiness of borrowers, studying their profile on social networks. In those years, this area only began to develop intensively, and Instagram was just emerging. Nazarov noted that when banks make a choice, issue a loan or refuse it, they are guided by the same information that the credit bureau provides. That is, the decisions of different banks are the same. Nazarov took the initiative to develop an algorithm that analyzes the applicant's social systems, and based on the results of such an analysis, assess the creditworthiness of the borrower. He told about this idea to another Skolkovo student - Georgy Belotserkovsky, who later became Levan's partner. Belotserkovsky shared these thoughts with familiar bankers and managed to arouse their interest. As a result, Levan and George began patenting development in the United States.

Both understood that before proposing their idea to large banks, it was necessary to test it in practice. This means, in reality, to carry out the issuance of loans, based on the results of the profile study in social networks, to form an array of data, to assess the effectiveness of decisions made by the system. Partners opened the world's first microfinance organization with their own funds, in which the registration process was carried out only through social networks. The project was named Mili.ru. This service carried out scoring (assessed credit risks) based on information posted on the social networks Odnoklassniki, Facebook and Vkontakte. Mili.ru successfully worked on the territory of all constituent entities of the Russian Federation from 2011 to 2018.

In 2012, Nazarov studied at the MIT Sloan School of Management.

When Nazarov and Belotserkovsky were convinced of the success of their experiment and the operability of the hypothesis, debugged the work of the algorithm, they decided to close the project. Later, answering questions from the journalist, Levan explained that after studying world experience and trends, he came to the conclusion that this product has no development prospects.

"Balance-Platform" and interaction with the main banks of the Russian Federation

Levan Nazarov decided to create a full-fledged banking pipeline according to the Software-as-a-Service model. In 2017, he created the company "Balance- Platform. " Now it is leading in the field of software development for organizations of the financial unit that specialize in lending.

Products "Balance-Platforms" optimize the processes of car loans, consumer and mortgage lending for the largest Russian banks. Including their tasks - to reduce the time for consideration of applications. For example, using these products, the decision-making period for inappropriate lending is reduced to a split second, and without the use of service tools, this process takes from one to two days. According to statistics published in the public domain, the issuance of car loans in 10% -14% of cases is carried out on the basis of the Balance-Platform tools.

Levan Nazarov intends to continue the development of the product line. He is going to create ultra-technological solutions for small and medium-sized businesses, as well as developments that automate personnel production, the work of the security service and the KYC (Know Your Customer) procedure. To this end, work is underway to attract the most successful IT specialists in Russia and develop their own projects with the Higher School of Economics within the framework of mortgage conveyors. Attention is focused on artificial intelligence technologies, facial identification and Big Data. According to Rospatent, Balance-Platform has 15 developments in the field of digital solutions.

The official website of the organization contains information that the number of personnel is about 400 people. Balance-Platform not only cooperates with the Higher School of Economics, but also acts as a special partner of the Finopolis forum of innovative financial technologies.

Balance-Platform operates exclusively in the Russian Federation. Levan Nazarov is not only its main controlling shareholder, but also acts as a generator of ideas. Recently, he also began investing in specialized projects and supporting Russian IT startups.

Family and hobbies

Levan Nazarov is an adherent of a healthy lifestyle. His sporting passions are cycling, as well as triathlon. Nazarov at the semi-professional level takes part in marathons of federal and international scale.

Levan Nazarov has no children and wife now. It is not registered on social media.