Thanks for studying our earlier blogs about VIAINVEST’s mortgage originators. It’s time to wrap up this collection with VIA SMS Group. We spoke with Eduards Lapkovskis, a VIA SMS Group Board member and Chairman of the Board at VIAINVEST, to study extra about our father or mother firm’s historical past and plans.
The historical past of the VIA SMS Group
VIA SMS Group has been an innovator in fintech and different monetary companies in Europe and Asia-Pacific since its founding in 2009. The corporate has grown to function in 4 international locations and is well-known for its artistic strategy and dedication to offering simply accessible monetary options. VIA SMS Group, headquartered in Riga, Latvia, continues to lift trade requirements with a various product portfolio, together with mortgage merchandise and funding options equivalent to VIAINVEST.
“In a time when getting financing from banks was a sluggish and infrequently disappointing course of, we began first VIA SMS Group firm, VIA SMS LV, in Latvia with a transparent objective,” says Eduards. “We needed to make financing easy, quick, and accessible to everybody, significantly those that felt left behind by conventional banks. Our strategy has all the time been easy: use expertise to streamline the mortgage course of and give attention to what prospects actually require. The identify VIA SMS comes from our first answer, which was to obtain financing in minutes by merely sending an SMS message. Extra firms below the unified model have been based within the following years.”
Folks at VIA SMS Group
At VIA SMS Group, everybody finds themselves in a dynamic, collaborative surroundings that promotes well-being. Listed here are just a few details concerning the Group’s staff:
- There are greater than 250 of us in whole.
- We take part within the Riga marathon.
- Whatever the climate, round 10% of VIA SMS Group workers cycle to work day by day.
- Our workers communicate over 15 totally different languages.
- Our Riga workplace has over 100 indoor crops.
“The staff is on the coronary heart of VIA SMS Group,” shares Eduards. “We’ve created a tradition that promotes ongoing skilled and private improvement. We worth and assist our workers and wish them to excel of their roles. We put money into their well-being and development as a result of we consider {that a} pleased, empowered staff is crucial to our success. As we develop, we’ll proceed to foster this tradition of innovation, collaboration, and respect.”
Digital lending right this moment and tomorrow
In 2022, VIA SMS Group closed the reporting interval with a internet turnover of EUR 38 355 653, which reveals a 36% improve in comparison with the earlier reporting interval. The web mortgage portfolio for VIA SMS Group as of December 31, 2022, was EUR 26 619 243, which has elevated by 6% in comparison with December 31, 2021. The Firm’s consolidated monetary result’s a EUR 4 101 391 revenue.
Following a strategic resolution to discontinue lending operations in Poland resulting from legislative adjustments, VIA SMS Group is now specializing in enlargement and consolidation in its secure and predictable markets, which embrace Latvia, Sweden, the Czech Republic, and Romania. This shift demonstrates the corporate’s dedication to sustaining the top quality of its portfolio whereas avoiding elevated threat ranges.
“Wanting forward, the way forward for digital lending is extremely promising We’re on the verge of great developments that may additional simplify and personalise the lending course of. Synthetic intelligence and machine studying will probably be crucial for higher evaluating and assembly buyer wants. Our dedication is to offer options which are handy and tailor-made to particular person necessities. The objective is to make digital lending extra intuitive, responsive, and obtainable to a broader viewers.”
VIA SMS Group and VIAINVEST – the proper synergy
VIAINVEST is the one funding platform that means that you can make investments instantly in VIA SMS Group’s lending actions, giving it a novel place within the trade.
“When peer-to-peer (P2P) investments have been nonetheless of their early phases, we determined to launch our personal P2P funding platform,” notes Eduards. “This transfer was about extra than simply discovering new enterprise alternatives, it was additionally about sustaining management and effectivity. By creating our personal platform, we might set our personal guidelines, significantly concerning rates of interest, and keep away from the constraints imposed by third-party platforms. It allowed us to maintain fee earnings inside the Group, which elevated our monetary independence. Moreover, this resolution elevated the effectivity of transactions and knowledge sharing between lenders and buyers. At this time, we will conclude that it was the daring resolution that contributed considerably to our success.”
That’s it for this month’s weblog! We hope you loved it and realized extra. Make certain to learn the earlier editions.
Latvia
Sweden
Czech Republic
Romania
Glad investing!
Staff VIAINVEST
Disclaimer
That is advertising and marketing communication, not funding recommendation. All investments contain some extent of threat.
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