AvaFin Group

AvaFin Group
Empréstimos originados Volume total de empréstimos concedidos por esta empresa a mutuários desde a sua fundação.
€1.25 billion
Loan portfolio Empréstimos emitidos pela sociedade mutuante a mutuários à data do balanço financeiro mais recente, que estão em curso ou com menos de 60 dias de atraso.
€ 66 M
Obrigação de recompra A credit enhancement given by the lending company or other entity to the Issuer for a particular Set of Notes. If an underlying loan is more than 60 days late, the lending company is obligated to buy back the investment at nominal value plus accrued, outstanding or late interest. Usually, this means investors will be able to recover their investment in case of a borrower default.
With a buyback obligation
Skin in the Game Para garantir que os interesses de uma empresa de crédito e dos investidores estejam alinhados, a empresa é obrigada a manter uma participação em cada oportunidade de investimento que oferece através da Mintos. Isso é chamado de "skin in the game" (pele em jogo) da empresa.
10%
Juros médios (%) A taxa de juro média ponderada das oportunidades de investimento desta sociedade de crédito.
10.6%
Founded:
2012
Colaboradores:
360+
Joined Mintos:
August 2024
Loan Types: O tipo de ativos associados que a empresa de crédito emitiu.
Crédito pessoal Crédito pessoal
Crédito de curto prazo Crédito de curto prazo
Countries: Os países quem que os ativos associados foram emitidos pela empresa de crédito ou de aluguer.
Moedas: Moedas em que são oferecidas as oportunidades de investimento da empresa.
EUR
Annual percentage rate charged to borrowers:
504%
Investimentos pendentes: Volume total de créditos em dívida e disponíveis desta empresa no Mintos. Atualizado diariamente.
1 383 938
Schedule extension: During the first 30 days after the due date of a loan payment, the borrower can opt for extending the loan payment schedule. The maximum number of extensions depends on the loan agreement and can't be more than 6. If the lending company agrees, the loan will be automatically updated, with the new schedule, and the due dates for all outstanding payments will be extended by up to 31 days. Investors will continue to earn the same interest throughout the remaining loan term.
Up to 6

Sobre

As per April 2024, Capitec Bank, South Africa's largest retail bank and AvaFin's strategic investor, has acquired a controlling interest in the company. Partnering with Capitec Bank will provide AvaFin with the resources and reach to expand its market presence and scale up its operations, leveraging synergies to grow its footprint in the consumer lending space.

AvaFin Group expanded to Mexico in 2016 under the Lendon brand. In 2017, the Moneyveo entity was acquired in order to obtain the SOFOM (Sociedad Financiera de Objeto Multiple) licence, i.e. licence for granting loans. A rapid expansion followed, leading to EUR 1M in revenue per month by 2019. In 2020, a mobile application was launched under a separate brand, later consolidated under the Lendon brand, which is currently the only brand and entity operating in Mexico. Going further, as a part of the group-wide initiative, all AvaFin Group companies, including the Lending Company, underwent the rebranding process and will further operate under the AvaFin brand. The goal is to create a more recognizable international brand with a stronger brand identity. Currently, the Lending Company has a strong market position in the Mexican market, with an estimated market share of 33%, taking second place in terms of market share amongst competitors. The Lending Company grew a lot during the past years, and further growth is expected in terms of portfolio, revenue, and profitability. Further development of the Lending Company is currently an important priority for the AvaFin Group. 

Last Updated: 10.07.2024

Last Updated: 01.08.2024

Last Updated: 01.08.2024