Case Study: Finitera expands short-term lending across 14 countries with Andersen's fintech platform

Finitera expands to 14 countries with Andersen and cuts overdue debt by 7%

Andersen developed a loan management system for Finitera, a Latvia-based FinTech company. The client needed a flexible solution to provide and manage various short-term loans, which required integration with credit bureaus and communication providers to handle scoring and notifications.

The solution built by Andersen was a PHP and JavaScript-based system integrated with multiple third-party services. This allowed Finitera to expand its business into 14 countries, achieve a 7% reduction in overdue debt, and experience a 13% growth in clients re-applying for loans within the first year.

Finitera