Creditstar Group
Narek Vardanyan

Creditstar Group issues two new bonds with a total value of € 20 million

Creditstar Group is pleased to announce it successfully issued bonds in the total amount of € 20.00 million with maturities of 18 and 30 months. The proceeds of the offering will be used to redeem maturing bonds and finance loan portfolio growth across multiple markets.

Creditstar Group’s diversified investor base spans across Europe and has more than 300 bond investors. Over 50 new investors subscribed to the latest bond issue. The private issuance was registered by Nasdaq CSD SE.

Aaro Sosaar, CEO of Creditstar Group, said “Creditstar successfully continues to grow in 2020. Despite Covid-19, strong investor demand reflects the strength of Creditstar’s outlook and confirms investor confidence in the credit quality of Creditstar Group.”

Chief Business Development Officer of Creditstar Group, Valter Kaleta, added “The money raised will support the Group’s development and enable it to continue the roll-out of its Purchase Finance products. As a result, Creditstar Group is ramping up its growth with confidence.”

About Creditstar


Creditstar, a provider of consumer financial services, was established in 2006 in Tallinn, Estonia. Today it operates in Estonia and seven other countries across Europe, including Finland, Sweden, Poland, UK, Czech Republic, Spain, and Denmark. The Group has offices in Tallinn, Warsaw, London, and Vilnius. The Company offers unsecured online and mobile consumer loans in amounts up to €10,000 for a period of 5 days to 36 months (or longer in case of credit line).

Creditstar has had three successful quarters in 2020. Creditstar Group’s profit was €5.2 million and total assets as of 31 October 2020 were more than €150 million. Creditstar is regulated and licensed by relevant supervising authorities in all its markets.

Creditstar Team

Recent posts

Stars

Interview with Philipp Kässinger – Lendermarket Stars

We are happy to present the newest Lendermarket Starts article. This time we talk with Philippe Kässinger, one of the first investing bloggers in Germany. Let’s learn something new from the experienced investor’s story. Lendermarket Stars blog series are interviews with Lendermarket investors, financial bloggers, and influencers. Here we talk about Lendermarket investors’ experiences, learned …

Monthly Stats

Monthly Statistics and Key takeaways (May 2022)

Total Loan Volume Originated shows the amount in euros that the loan originators made available to invest on Lendermarket. The graph below shows the cumulative loan volume originated in the last 6 months on the platform. Number of investors equal users that currently have funds in their investment accounts. The number of investors has been …

Investing Tips

How to Invest 50,000 Euro – 7 Ideas to Make the Most Out of It

If you’re looking to invest 50,000 Euro, you’ve come to the right place! In this article, we’ll share seven ideas for making the most out of your monetary wealth and putting it to good use. Some options are more conventional than others, so have fun reading them! Diversification with an Extensive Portfolio The bigger a …

Leave a Reply

Your email address will not be published.