15:23 uur 15-12-2015

4finance actief in Mexico

RIGA, Letland–(BUSINESS WIRE)– 4finance Group S.A., een van grootste Europese groepen in online en mobiele leningen voor particulieren, kondigt met veel blijdschap aan dat het activiteiten ontplooit in Mexico. In combinatie met zijn recente lancering in Argentinië, strekt 4finance zich nu uit over een markt van 160 miljoen mensen in Latijns-Amerika.

4finance opereert in Mexico onder het merk Vivus, dat veel erkenning krijgt van consumenten in sleutelmarkten in Europa. De Mexicaanse website van Vivus biedt leningen met een enkele betaling aan: www.vivus.com.mx.

 

4finance Enters Mexico

RIGA, Latvia–(BUSINESS WIRE)– 4finance Group S.A. (the “Group”), one of Europe’s largest online and mobile consumer lending groups, is delighted to announce that it has commenced operations in Mexico. Alongside its recent launch in Argentina, the Group now covers a market of over 160 million people in Latin America.

4finance operates in Mexico under the market leading Vivus brand, which enjoys widespread consumer recognition in its key markets in Europe. The Vivus Mexico website offers single payment loans and can be visited at www.vivus.com.mx.

As a responsible lender with a strong track record, the Group sees substantial opportunities for growth in Mexico. Traditional bank lending practices there are not meeting the needs of a population with above regional average smart phone penetration and increasing internet access. 4finance is well positioned to help develop this under-served market.

Kieran Donnelly, CEO of 4finance, commented:

“Our goal is to be the world leader in digital consumer finance and responsible lending. Entry into Mexico is a big step towards that goal. Our intention is to grow in Latin America by doing what we do best: providing our customers with convenient access to funds when they need them.”

Notes to Editors

4finance is one of Europe’s largest and fastest growing online and mobile consumer lending groups with operations in 15 countries globally. Putting innovative data-driven analysis into all aspects of the business, 4finance has grown rapidly, issuing over EUR 2.5 billion to date in single payment loans, instalment loans and lines of credit.

4finance operates through a portfolio of market leading brands with strong regional presence including Vivus, SMSCredit and Zaplo. A responsible lender, offering simple, convenient and transparent products and service, 4finance is meeting growing customer demand from those under-served by conventional lending.

Established in 2008, 4finance is headquartered in Riga, Latvia and operates in Argentina, Armenia, Bulgaria, the Czech Republic, Denmark, Finland, Georgia, Latvia, Lithuania, Mexico, Poland, Romania, Spain, Sweden and the United States. www.4finance.com

Contacts

4finance (Investor Relations)
James Etherington
Email:investorrelations@4finance.com< br/>+44 (0)7766 697 950
or
Instinctif Partners (International Media)
Helen Tarbet / Mark Walter / James Gray
Email: 4finance@instinctif.com
+44 (0)207 457 2020

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