Back
May
31
2016

Creamfinance to launch in Denmark and preparing for South America

Consumer finance services provider Creamfinance has officially announced the launch of office in Denmark that is expected to take place in two weeks. In addition to the expected launch, the company is currently preparing for further expansion in South America.

"We are very excited to expand our reach and get an opportunity to have a bigger impact. The Nordic region with the start in Denmark was a natural next step for us after watching the growth of the consumer loans need within Scandinavia over the past year", explained Matiss Ansviesulis (pictured), Co-founder and the CEO of Creamfinance.

"Demand for speedy, convenient and accessible short-term loans is growing, and we are aiming to grasp the natural demand", he commented.

According to Morten King-Grubert, Managing Director of Creamfinance Denmark entity, the innovative Creamfinance product is a great fit for the Danish market.

“I believe consumer loan products of Creamfinance and internationally recognized software platform is a great fit for our market. We are excited to launch in a region with a strong focus on Fintech companies and are ready to provide the value for our forthcoming consumers,” said King-Grubert.

The new Creamfinance office will be located in Danish capital Copenhagen.

About Creamfinance

Consumer finance services provider Creamfinance was founded in 2012 in Latvia and has achieved consistent growth since. The company is currently operating in six countries. Utilizing advanced algorithms and machine-learning capabilities to quickly evaluate and score, Creamfinance offers a highly customized approach to the personal loan process in a speedy and reliable manner and aims to become a one-click loans provider to consumers globally.

National platforms are operated by an international team, consisting of over 200 employees from 11 countries, working to improve services across operating markets in Europe.

In 2014 the data-driven consumer lending company raised 5 million euros from the leading international venture capital fund, Flint Capital, which invests across US, Israel and Europe.

The company has recently been ranked as the second-fastest growing company in Europe by the prestigious Inc.5000 Europe ranking.