Gofingo Group business review 2019

2019 was a
year of growth for the Gofingo Group both in terms of business development and results.
The Group’s business volumes have more than doubled last year in comparison
with 2018.

The
main statistics of 2019

In 2019, Gofingo Group
companies issued 35,88 million Eur of loans – 2,4 times more than in 2018.

The number of issued loans has more than doubled in 2019 – 522
654 units of credits (including
credits with prolongations) in total were issued last
year. It is 2,4 times more in comparison with 2018.

Net interest income of Gofingo Group companies amounted 11,06
million Eur over the year 2019. It is 2,2 times more in
comparison with the year 2018.

The total loan portfolio of the Group at the end of 2019
amounted 6,6 million Eur. At the end of 2018 the total loan portfolio amounted 2,75
million Eur.

Over the last year the number of clients has tripled and
reached 990 076 registered clients.

The number of Gofingo Group employees grew up by 4 times
last year and today reaches more than 150.

According to the preliminary data, a net
profit of the Group estimated at 2,1 million Eur last year – almost doubled in
comparison with the profit in 2018.

At the end of 2019, the equity of the Group stood at 4,1 million Eur.

Other statistics of Gofingo Group

Responsible approach to business
management and investors

In 2019 Gofingo Group was focused on developing the
most effective business model and performance optimization.

The Group has more than doubled in size last year.
Over 100 new employees have joined Gofingo across different countries. Expanded
team has increased companies’ capacity and helped to optimize operations while
maintaining steady growth and profitability.

Positive energy, creativity and consistent focus on
growing markets have enabled the Group to optimize processes and achieve good
results that will ensure desired growth in the coming years and, most
importantly, ensure security for investors, who invest in Gofingo Group loans,
listed on PeerBerry platform.

The equity of the Group at the end of 2019 was tree
times higher than all the liabilities to investors, who invest in Gofingo Group
loans through PeerBerry. It reflects the high level of responsibility of the
Group and ability to manage long-term partnership with investors.

More about Gofingo Group

Gofingo is one of PeerBerry business partners with almost 15%
share of loans listed on PeerBerry.

Gofingo is privately owned holding
company of different consumer and business loan providers profitably operating since
2015. In 2018 Gofingo started expanding globally and in addition to Czech
Republic, Lithuania, Kazakhstan and
Ukraine
opened businesses in Vietnam, Philippines and Russia. In
2019 Group decided to leave Denmark’s market as a result of significant changes
in countries political strategy on legislation of consumer loans market.

All loan providers operate as separate
entities, united through shared stakeholders and strong focus towards
innovative FinTech solutions as well as big data analysis for effective risk
management.

Gofingo
stakeholders have over 20 years of proven track record in banking and lending.
Their vision and passion for state of art FinTech, highest quality customer
service, lifetime learning and full transparency are shared across all Gofingo
companies starting with senior management and employees, all the way to their
customers. More information here.

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