Lion Lender

167

Loans funded

60

Loans listed

0

Defaulted loans

13.14%

Average NAR

buy back is enabled

BuyBack Guarantee

Loan type

Grupeer rating

Grupeer rating

Country

Founded
2019
Joined Grupeer
2019
Registration number
1197746554147
Employees
10
Address
123112, Moscowа, promenade Presnenskaya., house 12, Federation Tower - East, floor. 44, office 4405.1, room. 3.1
Currency
EUR
Term of Loans
9-12 mo.
Skin in the game i
5%
Pledge of assets
Yes
Loans funded
€3066125.00

Lion Lender is a Russia based micro-financing company founded in 2018. The business operation started in 2019. The main product that the company is offering is 30-day loans before the payday.

The service is 100% online and it takes just under 15 minutes to make a decision whether to grant a loan or not. The typical customer is 33 years old with an average income around Eur550, which is quite high in Russia. This results in below the market default rate. Currently, there are around 10,000 customers. The current portfolio is Eur 2 million.

The plans are ambitious- to grow the product line offering new-era products like money-transfers, P2P investments, long term loans with installment payments, and to develop a mobile application to have all the services.