Case Study: EuroGroshi achieves rapid online payday-loan launch and 5–15 minute underwriting with HES FinTech

Employing Industry Best Practices to Launch a PDL Platform in 2.5 Months

EuroGroshi, an online‑only payday lender, needed to implement and comply with European money‑lending standards and launch a field‑proven payday loan (PDL) platform without any physical branches. They engaged HES FinTech to provide a microfinance lending solution (HES MFI solution) capable of supporting automated payday loan management and a customer‑facing UI.

HES FinTech delivered an automated, multi‑workflow MFI platform with a comfortable client UI and rapid go‑live—about 10 weeks (2.5 months). HES FinTech’s solution enabled fast underwriting and customized loyalty programs: new credit applications take no more than 15 minutes and repeat customers receive decisions in 5–10 minutes, allowing EuroGroshi to originate hundreds of quality loans per day and gain a clear competitive edge.

EuroGroshi

Vladimir Khorvyak

Chief Executive Officer