Case Study: ID Finance achieves FT1000 recognition as one of Europe’s fastest-growing fintechs with HES FinTech

A Consumer Lending Platform for One of the Fast-Growing Fintechs in Europe

ID Finance, operating under the MoneyMan and Plazo brands to serve underbanked customers in Spain, Brazil and Mexico, set an ambitious goal to enter new markets across Latin America and Europe — a complex operational challenge. To support that expansion, ID Finance partnered with HES FinTech, relying on HES FinTech’s solution to scale operations and enter new markets.

HES FinTech’s solution helped ID Finance expand its market presence and scale lending operations; the company was named to the Financial Times 1000 as the second fastest growing fintech in Europe with a 136.8% CAGR (2014–2017). Measured results include €87 million in European revenue in 2017, 1.5 million registered users and $92 million in issued loans in 2018—outcomes HES FinTech cites as evidence that its solution was instrumental to ID Finance’s growth.

ID Finance

Boris Batin

Co-founder