Investors have already invested more than a million euros in our new loan originator's FinJet business loans on hive5. The purpose of business loans is to carry out operations and expand business. Moreover, we are preparing to launch our investors' favourite type of loan - short-term personal loans in February. These loans will be issued by the same Spanish loan originator - FinJet.
Legal Details:
- Company Name: Mana Concept S.L.
- Registration Number: B67420703
- Shareholders: UAB "Hive Finance"
- UBO: UAB "Hive Finance"
The Spanish Market
Firstly, Spain's economy is consistently growing, as well as the online lending market. Additionally, the Euro is the official currency in Spain, which provides a stable foundation for financial transactions. Embracing the Euro eliminates currency risk for our clients and company, reflecting our dedication to offering secure investment operations within a stable monetary policy framework.
Finally, the Spanish regulatory environment, characterised by its openness and lack of credit issues, enables to provide financial solutions without unnecessary limitations. This regulatory freedom empowers the company to offer innovative products that meet customers' needs. At the same time, we will always remain loyal to our proven, responsible lending rules.
Scoring Model
Behind every successful financial company is a foundation of knowledge. As we integrate into the Spanish market, we have a mature database for quality assessment and credit risk management. FinJet uses market-leading scoring providers. These providers offer valuable raw data and credit risk scoring, forming the foundation of FinJet's decision-making process.
FinJet Services
Initially focusing on personal short-term loans ranging from 100 to 500 Eur with a 30-day term, FinJet plans to expand its offerings to include instalment loans later this year. Notably, in Spain, there is no specific regulation regarding a price cap on these loans, allowing flexibility for the growth and development of the lending services.
Professional Team
Alex Teslenko - CEO of Finjet has worked as COO at Hive Finance for over a year. Alex has worked in banks and non-banking companies for over two decades as the General Director, the Head of the Collection and the COO, from massive Banks to fintech startups. Therefore, he is practically familiar with the international legal aspects of lending, credit risks and successful financial business development strategies.
Luis M. Garcia Ortega - Operation Manager - with 15 years of experience in fintech and alternative lending, Luis has a proven track record of maximising investment returns. His expertise includes operations, marketing, and business development at a well-known Global financial company, Ferratum group.
Antón Amann - Marketing Manager - a curious soul who knows how to attract new customers and make them loyal to companies. Driven by curiosity, he constantly explores innovative marketing strategies. He has vast experience in fintech companies and retail within an Agile environment. He worked at Dineo Credito, a popular loan provider in Spain, for over five years. Hence, he brings the team a strong knowledge of micro-lending in Spain.
Competitive Advantages
FinJet aims to stand out with its maximum technological effectiveness of processes and a concentrated focus on solutions that minimise the need for human resources. The Spanish team wants to simplify operations, enhance efficiency, and provide customers with trustworthy lending services. CEO of FinJet, Alex Teslenko, says: "We intend to enter the Spanish market using previously accumulated experience, developments, and know-how. The FinJet brand carries the same meaning we want to bring to our client: our service is simple, profitable, and, most importantly, fast, like a jet plane."