Mozipo Group joins Viventor
10 December 2018 | Comments
We are excited to announce a new partnership with an established fintech frontrunner from Lithunia – Mozipo Group.
Founded in 2007, Mozipo was among the first consumer lenders in Lithuania offering loans online. Since the inception, Mozipo Group has granted loans worth more than EUR 150 Million and served over 240’000 customers. The company, offers 24/7 online services and has established offices in 4 markets in Europe, including Lithuania, Denmark, Poland and Romania.
The company is part of FINCO association of financial services companies that contribute to the development of common standards for the non-bank financial market sector, to promote responsible lending, to ensure inter-sectoral dialogue between companies operating in the sector and contacts with public authorities.
Its Lithuanian subsidiary, Moment Credit provides consumer loans from EUR 50 to EUR 7000 with a term ranging from 2 to 60 months. Currently the company has issued more than 200’000 loans, with the outstanding portfolio of around EUR 6’500’000 as of 31st of December 2017.
”We are very happy to start the cooperation with Viventor. Since the rates offered by banks reached their bottom line, investing through new fintech companies have become more and more popular. Thus, we see it as an opportunity for us to use this trend and to expand into new markets. We are one of the leading consumer credit providers in Lithuanian market and three years ago we successfully entered Romania, and then Denmark. Now we operate in four countries and continue to work on further expansion. We are sure investors will trust our experience and choose our loans to invest in”, comments Viktoras Milkevičius, the CEO of Moment Credit
Moment Credit Loans on Viventor marketplace
Moment Credit will offer its installment loans with maturities up to 60 months. The company will maintain 5% skin in the game stake in every single loan and start by offering an introductory projected return of around 11 % p.a.
Update your AutoInvest settings by including Moment Credit now. Remember to include consumer credit loan type and Lithuania as a country as well!