ITF Group is an innovative fintech consumer lending company. For the last 10 years, the company has provided loans for over BGN 100 million to over 40 000 unique clients in Bulgaria.

Digitalization and automation are at the heart of ITF Group's entirely in-house developed technology. Through its innovative platform, the company processes loan applications and assesses customers' risk profiles in near real-time. By doing so, it is able to offer increasingly faster and better value-added services while controlling risk for the company.

The risk assessment algorithm built into the platform relies on both the borrower's overall credit history and the automatic collection of additional information about the borrower from nearly 200 indicators, such as their application behavior, social media activities and contacts, and more.

Through its technology, ITF Group shortens the time from application to funds entering the customer's account to an average of 4-5 minutes, while maintaining a below 11% average uncollected principal rate.

Technology has allowed ITF Group to grow 10 times the last 10 years. In 2022 alone, the progress is significant - 90% loan origination growth for the nine months, nearly 60% revenue growth and over 6 times net profit growth.

With the help of the capital market over the next 10 years, ITF Group aims to increase its business by a further 10 times. In 2019, the company has already successfully floated secured bonds for BGN 5 million, which already have traded on the Bulgarian Stock Exchange. The public offering of shares on the beam market is the next logical step for the company.