Budget
€10 — €0
EP Access
0
accredited persons
Staff
1
0.25 FTE
EU Grants
None
Mission & Goals
Established in 2008, 4finance is one of Europe’s largest digital consumer lending groups with operations in 11 countries. Leveraging a high degree of automation and data-driven insights across all aspects of the business, 4finance has grown rapidly, issuing over €11 billion since inception in single payment loans, instalment loans and lines of credit. 4finance operates a portfolio of market leading brands, through which, as a responsible lender, the firm offers simple, convenient and transparent products to millions of customers who are typically underserved by conventional providers. 4finance Group is headquartered in Riga (Latvia).
EU Legislative Interests
We have been primarily interested in the revised Consumer Credit Directive, now passed to Member States for implementation. As a business we have operated since the the 2008 Directive was launched. We have experience of over a dozen European markets and how the CCD has been implemented locally.
Communication Activities
Responding to the CCD evaluation process, to share views on its current form and how it might evolve to better reflect the changes in the market and citizens' expectations.
Interests Represented
Promotes their own interests or the collective interests of their members
Organisation Members
apnu.cz flv.lv aemip.es asociacionfintech.es And through these national associations: europeandigitalfinance.eu
Commissioner Meetings
No recorded meetings with EU commissioners.