Backed by the public company Sofia Commerce Pawnshop AD with over 30 years of experience in the sector, IPO tech SofCom has been operating independently on the market for the last four years and has already gained a 6% market share, offering secured loans against mortgages on property. By combining years of experience with purpose-developed algorithms, artificial intelligence and multi-factor risk analysis solutions, the company can always deliver competitive and reliable mortgage loan products to its customers.

The main product of IPO tech SofCom is a secured loan with a mortgage on real estate with an average value of BGN 50,000, targeted at both individuals and legal entities at interest rates ranging from 2.5% to 3% per month for a period of 10 years. The company uses advanced technology and industry expertise to streamline the application process, ensure fast approvals and ease of administration for our clients.

Competitive advantages of IPO tech SofCom:

• A qualified team of professionals with 30 years combined experience
• A unique approach to deliver personalized services and customized solutions for its clients
• Extensive branch network of partners leveraging the pawnshop network with 100 physical locations in Bulgaria
• Adequate and reliable market risk assessment by their artificial intelligence, ensuring credit risk as well as collateral assessment

IPO tech SofCom plans to expand its portfolio, improve their risk assessment and targeting capabilities, and increase ROI on current and new products.