Creamfinance LLC, online consumer finance company was founded in 2012 in Latvia and has achieved an instant growth since, offering personal finance products in emerging consumer finance markets. To minimize consumer effort and maximize risk management, the company puts emphasis on using the most advanced and representative scoring techniques by analysing online data, credit Intel and application data from traditional sources. Proven by track record from many consecutive years, this is the most accurate way of measuring whether it’s appropriate to lend.
National platforms are operated by an international team, consisting of over 200 employees from 9 countries, working to improve services across five operating markets – Latvia, Poland, Czech Republic, Slovakia and Georgia.
Last year Creamfinance raised 5 million euros from an international venture capital fund Flint Capital, based in Silicon Valley and focusing on FinTech and mobile technologies investing across US, Israel and Europe. Creamfinance plans to use investment to increase product portfolio and facilitate expansion into new markets, such as Caucasus and South America.
For additional information about Creamfinance: https://www.creamfinance.com
