Consumer Lending
MoneyMan
A consumer lending platform for the fastest growing company in Europe
Challenge
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 24/7.
Approach
After a thorough business and requirement analysis, HES created an end-to-end loan management platform with an open upgrade safe architecture and gamification features.
Result
Today, the HES microfinance solution enables MoneyMan to scale up and offer loans to an ever-increasing customer database. The service is now also available in Spain, Georgia, Kazakhstan, Poland, and Mexico and has issued over 400K loans valued at over $ 80 mn.
HES and MoneyMan have a long story of strong collaboration since 2011 when Boris Batin and Alexandr Dunaev shared the idea of bringing the first online PDL to Russia. In 4 months, the HES team has implemented a solution that has no precedent for such a business in the country. HES developed the core logic, workflows and business processes. Since the first launch in 2012, MoneyMan has grown into an international holding IDFinance with several brands and lines of business in 7 countries (and counting).
MoneyMan helps its customers to solve their short-term cash flow needs with easy online payday and installment loans.
“HES has been our reliable technology partner since 2012. I believe we owe much of our success to the well-architectured solution created by HES.”
Boris Batin, CEO at MoneyMan
Other Projects
POS Lending Platform to automate loan application collection and processing and create a better customer experience
Within two months, HES FinTech implemented the platform with the core logic and streamlined business processes