ID Finance success story
A consumer lending platform for one of the fast-growing fintechs in
Europe
Europe
Learn how MoneyMan launched a microfinance lending
business in 7 countries with HES Fintech.
business in 7 countries with HES Fintech.
Client overview
MoneyMan
MoneyMan, part of the ID Finance Group, started in 2012 as a short-term
online lending service. Over the years, MoneyMan has played a crucial role in reshaping the
lending landscape, particularly in markets with limited access to traditional financial
services. As a key brand within ID Finance, a fintech company founded in 2015, MoneyMan operates
in multiple countries including Spain, Mexico, and Brazil, addressing a massive demand for
accessible credit.
online lending service. Over the years, MoneyMan has played a crucial role in reshaping the
lending landscape, particularly in markets with limited access to traditional financial
services. As a key brand within ID Finance, a fintech company founded in 2015, MoneyMan operates
in multiple countries including Spain, Mexico, and Brazil, addressing a massive demand for
accessible credit.
Its focus on emerging markets made the company a major player in
providing financial solutions to millions of people who lack access to traditional banking
services. Through cutting-edge AI-driven risk management systems and advanced digital solutions,
ID Finance processes loan applications in real time and offers accessible credit products to
millions of customers across its markets.
providing financial solutions to millions of people who lack access to traditional banking
services. Through cutting-edge AI-driven risk management systems and advanced digital solutions,
ID Finance processes loan applications in real time and offers accessible credit products to
millions of customers across its markets.
Challenge
360-degree microfinance lending automation
MoneyMan, an innovative online lender, required a fully-fledged,
flexible solution to automate the
entire microfinance lending process and operating procedures. The system had to be capable of
running high-performance scoring models in real time.
flexible solution to automate the
entire microfinance lending process and operating procedures. The system had to be capable of
running high-performance scoring models in real time.
Approach
A winning combo of top-notch features and enhanced security
HES FinTech provided a tailored lending platform to ID Finance,
addressing their need for automation, scalability, and advanced risk management. HES LoanBox was
built to support ID Finance’s ambitious growth plans, enabling them to:
addressing their need for automation, scalability, and advanced risk management. HES LoanBox was
built to support ID Finance’s ambitious growth plans, enabling them to:
- Automate loan approvals: HES FinTech’s platform streamlined the loan approval
process, reducing the time it takes for MoneyMan and other ID Finance brands to make
credit decisions. This allowed ID Finance to handle thousands of applications daily with
minimal manual intervention. - Advanced risk scoring: Leveraging AI-based analytics, the platform integrated
with ID Finance’s proprietary risk models to assess loan applications accurately,
improving both approval rates and portfolio health in risky markets. - Scalability: As ID Finance expanded into new markets, the solution provided by
HES FinTech easily scaled to meet increased demand. This ensured that MoneyMan’s
operations could continue to grow without disruptions. - Real-time data processing: HES LoanBox integrates real-time data processing
capabilities, allowing ID Finance to process applications and monitor loan portfolios
efficiently across multiple countries. - Regulatory compliance: HES FinTech helped ID Finance stay compliant with various
local regulations, ensuring that their operations were legally sound across multiple
jurisdictions.
3 months
Time-to-market
400K
Loans issued via the platform
20-30%
Year-over-year business growth
Result
Technically equipped lending business operating worldwide
By 2024, ID Finance reached over 3 million users globally, with 40,000
new customers joining weekly. The fintech firm needed a scalable, flexible solution to keep up
with this rapid growth—one that ensures secure, efficient loan processing and risk management in
emerging markets, where data is often less structured.
new customers joining weekly. The fintech firm needed a scalable, flexible solution to keep up
with this rapid growth—one that ensures secure, efficient loan processing and risk management in
emerging markets, where data is often less structured.
HES FinTech and ID Finance have a long-standing collaboration that began in 2011, when Boris
Batine and Alexandr Dunaev shared their vision of launching the first online payday loan (PDL)
platform. Within just three months, HES LoanBox was developed to support the core logic,
workflows, and all business processes essential for the company’s operations.
Batine and Alexandr Dunaev shared their vision of launching the first online payday loan (PDL)
platform. Within just three months, HES LoanBox was developed to support the core logic,
workflows, and all business processes essential for the company’s operations.
our success is due to the well-architected HES LoanBox solution.