SN Finance is now Mint Credit: Audited Report for 2024

Mint Credit is the new name of SN Finance. The reason for the rebranding is to align their name with their expanded vision and improved offerings. The company has evolved significantly over the years due to its commitment to staying ahead of market trends and offering more value to its clients. Mint Credit’s expansion is reflected in offering insurance, loans, and travel packages, which they want to sell under one name (one stop shop). This transformation will allow them to build a stronger connection with their clients, reach a new audience, and continue growing as a company.

The FinTech sector is dynamic and constantly evolving. The pace of technological change requires forward-thinking. That’s why Mint Credit launched its own mobile app – Mint app. It provides users with fast, secure, and fully personalized access to financial services, without unnecessary complications and bureaucracy.

In 2024, Mint Credit successfully adapted to changes in the Financial Companies Act, which introduced more restrictive measures. The innovative company continues its multi-year trend of profitable operations, achieving a positive financial result – €0.96M before taxes and €0.79M net profit, which is a 13% increase compared to 2023.

In 2024, Mint Credit achieved significant growth in newly issued loans – over 30,000 loans with a total value of €17M. This growth signals the successful implementation of the company’s strategic priorities set at the beginning of the year, focusing on expanding the loan portfolio, diversifying products, and strengthening its market position. Compared to 2023, the increase in the number of issued loans reached 99.99%, and the total value grew by 59.4%, as a result of active sales channel management, investments in technology, and a stronger presence in the sector.

Key factors for this success include expanding the market network, digitizing the process, focusing on consumer and mortgage loans, improvements in credit analysis and risk management. Other key activities include redesigning and optimizing existing loan products, marketing and educational campaigns to familiarize clients with the benefits of the company’s services, loyalty programs and customer acquisition strategies, and the development of human capital.

See the full audited report of Mint Credit HERE and their new presentation HERE.