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IuteCredit Finance S.a.r.l.
Name: IuteCredit Finance S.a.r.l.
Core business: Issuance of bonds for loans
Date of establishment: May 20, 2019
Date of registration: May 20, 2019
Auditor: KPMG Luxembourg
Date of listing: October 11, 2021
Market: Nasdaq Tallinn
Other listings: Frankfurt Stock Exchange
Management Board:
Kristel Kurvits, A Ann Leonie R Lauwers, Pieter Adriaan, C.S. van Nugteren
Background information
IuteCredit Group – established in 2008 – is a leading European fintech company. The Group is specialized in consumer finance and payment services via its 100% subsidiaries. Iute serves customers currently in Moldova, Albania, North Macedonia, Bulgaria as well as Bosnia and Herzegovina under the “MyIute” and “IuteCredit” brands, while it is expanding its services, geographies, and brands ecosystem.
Group’s core loan products are unsecured installment loans and buy-now-pay-later loans with maturities between 1 month and 48 months and collateralized loans with maturities up to 72 months. Loans are provided over the webshops, Iute’s website, MyIute app, network of branches, merchants, and partners.
Iute’s payment services vary from country to country between full-range solutions provided as a bank, and partial solutions subject to the license issued in any given country. Group operates its own ATM network that is accessible with the MyIute app.
Group finances its loan portfolios with equity, with secured bonds that are on the main list of Frankfurt Stock Exchange and Nasdaq Baltic, and with deposits (as a bank inside a given country).
The mission of IuteCredit is to create the extraordinary experience in personal finance by exceeding customers' expectations.
For more detailed information on Iute Group´s financials see: https://iutecredit.com/investor/#reports
Contact details
Address: Maakri 19/1, 10145 Tallinn, Republic of Estonia
Telephone: +372 622 9177
Website: www.iutecredit.com
Contact person: Kristel Kurvits (CFO)
E-mail: investor@iutecredit.com