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The hottest online lending platform

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Our history

The Group was founded by the current management in 2017. We have offices across 9 countries. Our headquarters are located in Riga, Latvia, which offers a fintech friendly business environment, appropriate legal setup as well as a saturated labour market of experienced online lending

2017

- Sun Finance Group established
- Operations launched in 3 countries

2018

- Attracted strategic investors
- 5 operational markets
- 1 million registered users

2019

- The 1st bond issue of EUR 10 million completed
- 6 operational markets

2020

- The 2nd bond issue in amount of EUR 15 million registered
- Registered user database reaches almost 5 million

2021

- The total loans issued amount exceeds EUR 1 billion
- EUR 15 million bond issue listed on Nasdaq First North
- A new bond issue of EUR 20 million registered

2022

- 7 operational markets
- EUR 20 million bonds admitted to trading on Nasdaq First North
- A new bond issue of EUR 50 million registered

2023

- The total loans issued amount exceeds EUR 2 billion
- 9 operational markets – geographical footprint expanded to Africa
- EUR 50 million bonds admitted to trading on Nasdaq First North
- A new bond issue of EUR 27 million registered

2024

- The total loans issued amount exceeds EUR 3 billion
- Database of registered users surpasses 15 million
- EUR 27 million bonds admitted to trading on Nasdaq First North
- A new bond issue of EUR 40 million registered

Key figures

17.8m+

Registered customers

22.5m+

Loan applications since inception

€3.2bn+

Loans issued

9

Countries

1,400+

Employees

€153.2m

Net portfolio

Our vision

At Sun Finance, our vision is to become an accessible and attractive one stop shop for consumer financing needs. Our wide customer base includes those who have been historically underbanked and could not access funding from traditional financial institutions as well as provide a convenient and fast alternative to people who prefer speed and accessibility over traditional lenders.

We have developed sophisticated data science models in order to identify customer patterns across more than 4,000 – 7,000 data-points which typically have been ignored by traditional banks.

We aim to further financial inclusion across the world, enabling anyone to obtain financing any day of the week from anywhere in the world, requiring only internet access.

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Our leadership

The company is led by a team of seasoned professionals with 15+ years of experience in management roles in FinTech, Finance and IT.

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Emīls
Latkovskis

Co-founder & COO

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Agris
Vaselāns

CRO

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Elīna
Zerne

CFO

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Roman
Kornienko

CIO

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Roberts
Molotanovs

CLO

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Margareta
Brice

Head of HR

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Vitaliy
Nizhegorodtsev

Central Asia HUB CEO

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Gatis
Treimanis

Europe HUB CEO

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Daniel
Stenberg

Scandinavia HUB CEO

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Ašots
Torosjans

LATAM/SEA HUB CEO

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Investor Relations

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Zanda Apine

FP&A Manager | Investor relations

Public Relations

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Sindija Liepiņa

PR Manager

Awards & Achievements