Loan originators

Creditstar Group, a provider of consumer financial services in Europe, was established in 2006 in Estonia, where they hold approximately 40% market share.

The Group is run by an entrepreneurial team of more than 140 people from more than 20 nationalities. Creditstar has surpassed the one million user accounts milestone, serving customers across eight countries in Europe, including Estonia, Finland, Sweden, Poland, UK, Czech Republic, Spain and Denmark.

The company is one of the most seasoned issuers in the Baltic bond market, with 26 successful issues since established.

At Lendermarket, Creditstar Group AS provides the investors with a group buyback guarantee to secure each loan originator's obligations.

Creditstar’s revenue and customer growth have been fueled by entry to new geographical markets, expanding customer base and product development. The company offers unsecured online and mobile consumer loans in the amount of 50 to 10,000 euros for a period of 5 days to 36 months (or longer in case of credit line). Lending activity is supported by an industry-leading infrastructure that meets strict regulations and provides an exceptional user experience. Creditstar Group acts according to the Responsible Lending policy and thoroughly checks the background of all loan applicants.

Loan originator
Country
Buyback obligation
Group guarantee
Loans listed at Lendermarket
Skin in the game
Operating since
Average interest rate at Lendermarket
Creditstar Poland Sp. z o.o.
Yes
Yes
34,711,000 €
5%
2016
14%

Country
Poland
Buyback obligation
Yes
Group guarantee
Yes
Loans listed at Lendermarket
34,711,000 €
Skin in the game
5%
Operating since
2016
Average interest rate at Lendermarket
14%

About company

Registered as a loan institution in the Polish Financial Supervision Authority (KNF), Creditstar Poland Sp.z.o.o. has been a part of the Group since January 2015.

The group set up an office in Warsaw, in addition to the headquarters in Tallinn, Estonia. Warsaw is an excellent strategic location for Credistar's business growth and highly qualified talent.

The company grants loans for a period of 30 to 90 days, and repeat borrowers can increase the loan amount to PLN 5,000.

Loan portfolio

34,711,000 €

Loan type

Personal loan

www.creditstar.pl
Monefit Estonia OÜ
Yes
Yes
15,100,000 €
5%
2017
14.8%

Country
Estonia
Buyback obligation
Yes
Group guarantee
Yes
Loans listed at Lendermarket
15,100,000 €
Skin in the game
5%
Operating since
2017
Average interest rate at Lendermarket
14.8%

About company

Monefit revolving credit launched in 2017, and it is the latest generation of lending products in Creditstar Group. Similarly to credit cards, the new product allows customers to withdraw and repay funds flexibly according to their needs and circumstances (although minimum monthly repayment applies).

Monefit Estonia OÜ is a licensed creditor under the Estonian FSA – Finantsinspektioon – since 2016.

Loan portfolio

15,100,000 €

Loan type

Revolving credit line

www.creditstar.ee
Creditstar Finland OY
Yes
Yes
9,801,000 €
5%
2010
13.9%

Country
Finland
Buyback obligation
Yes
Group guarantee
Yes
Loans listed at Lendermarket
9,801,000 €
Skin in the game
5%
Operating since
2010
Average interest rate at Lendermarket
13.9%

About company

Creditstar Group AS began international expansions in 2009 and Finland was the first market. Creditstar Finland has consolidated their position within Creditstar, growing the business year after year.

The company is regulated by the Finnish Regional State Administrative Agencies.

The team provides credit in a responsible manner offering amounts up to 2,000 euros, for the duration of 30 days to 12 months.

Loan portfolio

9,801,000 €

Loan type

Personal loan

www.creditstar.fi
Creditstar Spain SL
Yes
Yes
3,163,000 €
5%
2016
13.9%

Country
Spain
Buyback obligation
Yes
Group guarantee
Yes
Loans listed at Lendermarket
3,163,000 €
Skin in the game
5%
Operating since
2016
Average interest rate at Lendermarket
13.9%

About company

Creditstar Spain SL has been part of the Group since December 2015. The team is proud to cooperate with the Spanish Association of Microloans and apply their Code of Ethics.

Loans are offered for 5 to 30 days, and repeat borrowers can increase the loan amount up to 1,000 euros. The seamless process of loan application makes funds available to borrowers in a matter of minutes.

Loan portfolio

3,163,000 €

Loan type

Personal loan

www.creditstar.es
Creditstar Czech s.r.o.
Yes
Yes
1,346,500 €
5%
2016
13.2%

Country
Czech
Buyback obligation
Yes
Group guarantee
Yes
Loans listed at Lendermarket
1,346,500 €
Skin in the game
5%
Operating since
2016
Average interest rate at Lendermarket
13.2%

About company

Creditstar Czech began operations in 2016. The company is under supervision as a non-bank consumer credit provider by Czech National Bank.

Creditstar Czech provides customers with short-term loans for a period of 5 days to 6 months. Repeat borrowers may apply for up to CZK 25,000.

Loan portfolio

1,346,500 €

Loan type

Personal loan

www.creditstar.cz
Creditstar Sweden AB
Yes
Yes
630,000 €
5%
2011
14%

Country
Sweden
Buyback obligation
Yes
Group guarantee
Yes
Loans listed at Lendermarket
630,000 €
Skin in the game
5%
Operating since
2011
Average interest rate at Lendermarket
14%

About company

Since 2011, Creditstar Sweden AB is authorised and regulated as a consumer credit company by the Swedish Financial Supervisory Authority – Finansinspektionen.

The dedicated team of Creditstar Sweden offers unsecured loans to qualified customers through a fast online process. The loan period can be from 6 to 24 months. A person can apply to borrow between SEK 5,000 and SEK 50,000.

Loan portfolio

630,000 €

Loan type

Personal loan

www.creditstar.se
Creditstar Denmark ApS
Yes
Yes
80,500 €
5%
2019
14%

Country
Denmark
Buyback obligation
Yes
Group guarantee
Yes
Loans listed at Lendermarket
80,500 €
Skin in the game
5%
Operating since
2019
Average interest rate at Lendermarket
14%

About company

Creditstar Denmark ApS has been operating since receiving authorisation from the Danish Financial Supervisory Authority in 2019.

The company follows responsible lending principles and offers personal loans to qualified customers through a fast and simple application process. Their loan period is 12 months, and the borrowers can apply for up to DKK 12,000.

Loan portfolio

80,500 €

Loan type

Personal loan

www.creditstar.dk