At Wallester, we are delighted to announce our groundbreaking collaboration with DelfinGroup, marking a central moment this fall. DelfinGroup's launch of their Banknote-branded virtual credit card program represents a shared vision of elevating the credit experience for customers in Latvia.
With our expertise and cutting-edge technologies, we're united in a mission to empower individuals with unrivalled financial services.
Delving into DelfinGroup
DelfinGroup, a fintech juggernaut hailing from Latvia, has a remarkable journey. Founded as a pawn store in Riga in 2009, they've evolved into one of the leading providers of financial services across Latvia. From POS loans to buy-now-pay-later and specialised offerings for seniors and consumers. Operating under two trusted brands, Banknote and Vizia, DelfinGroup has expanded its business lines to include the retail of pre-owned goods through more than 90 branches all over Latvia and an e-commerce platform, further diversifying its portfolio.
Banknote offers consumer loans up to €10,000, suitable for various purposes, from unexpected expenses to significant purchases. It emphasises easy access and flexible repayment terms. Vizia, on the other hand, specialises in credit lines, providing flexible borrowing, which can be used for a range of expenses. Both brands focus on providing user-friendly, innovative financial solutions, reflecting DelfinGroup's commitment to financial inclusion and customer-centric services.
Since 2014, DelfinGroup has been a bond issuer on the Nasdaq Riga Stock Exchange. In 2021, the company became listed on the Baltic Main List. Despite their past successes, DelfinGroup remains dedicated to innovation, constantly adapting to meet the evolving needs of their clientele.
Empowering Through Cutting-Edge Technology
Now, with Wallester's proficiency in card payment services, DelfinGroup, under the brand name Banknote, can offer their clients virtual credit cards for seamless use and storage on their mobile devices. This collaborative venture between two dynamic Baltic companies introduces an innovative solution set poised to bring significant advancements to the financial sector in Latvia. By leveraging our collective expertise and experience, this partnership aspires to provide innovative solutions, expanding access to financial services and enabling more effective financial management.
Nauris Bloks, Chief Innovation Officer of DelfinGroup, emphasises:
"By integrating advanced virtual card technology from Wallester into our offerings, we're not only enhancing our services but also striving to provide a seamless and secure lending experience for our customers. We recognise the paramount importance of trust and security in financial transactions, and this partnership underscores our unwavering commitment to these key elements, all while prioritising a user-friendly experience and an extensive product range for our clients."
Sergei Astafjev, CEO of Wallester, reinforces the significance of this collaboration, stating:
“This partnership signifies our core values: innovation, collaboration, and cutting-edge technology. We are proud to partner with the leader of loan providers in Latvia, DelfinGroup, and support their ambitious goal of providing high-quality services and solutions to their customers. This is a great opportunity for both companies to grow and develop in the fintech sector, and to contribute to the financial well-being of individuals and businesses in the Baltics.”
An Alliance Paving the Way for Enhanced Financial Services
Our collaboration is a testament to the power of partnership in the business world. It ushers in an exciting new chapter for both DelfinGroup and Wallester. Together, we are poised to positively impact the financial well-being of individuals and businesses, contributing to the growth and development of the financial sector in Latvia.
To learn more about DelfinGroup’s Banknote virtual credit cards, please visit their website: https://banknote.lv/
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