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AFORTI Factor Romania implements the KALYPSO financial platform
AFORTI Factor Romania IFN S.A. launched a new factoring system Kalypso by Rebit Sp. z o. o. The implemented implementation is a continuation of the cooperation that began in 2021 with the delivery of the Kalypso factoring system for Aforti Factor S.A. operating on the Polish market.
The Kalypso platform is a modern, comprehensive and flexible solution supporting the provision of financial services, automating business processes and integrating with the enterprise ecosystem. The system allows you to create a comfortable and safe space for cooperation of all parties involved in the provision of services.
Kalypso allows you to settle a wide range of financial products, both standard: factoring, leasing, loans, trade credit, purchase financing, collection, as well as dedicated, implementing sophisticated business models: financial restructuring, fuel card financing, servicing and spare parts financing, order financing.
The great advantage of the system is the flexible workflow engine, abundance of functionalities, intuitive interface, multi-channel communication and integration with the business environment. This wealth of possibilities allows you to carry out a digital transformation of the enterprise, automate processes, increasing the efficiency and customer experience at every stage of the services provided.
The above-mentioned possibilities are only translations of support for the development of modern enterprises by the Kalypso platform. As part of the implementation, you can configure the automation of any business processes using a rich collection of available tools, e.g. document generator, multi-channel notifications (e-mail, SMS, system notifications, integration with telephone exchanges), task management and calendar, dedicated user panels and dashboards, reporting.
Rebit offers the Kalypso platform in the Software as a Service model, which means that the contract includes not only a license to use the Kalypso system, but also full support in the ongoing work with the system, as well as its configuration and continuous development. In addition, Rebit provides and administers the infrastructure along with the software needed to maintain the system. Such an offer allows enterprises to focus on running and developing their business activities.
AFORTI Factor with another award
We are pleased to announce that FLASH from the AFORTI Factor portfolio has been awarded by Gazeta Finansowa as the best factoring product for a corporation.
This is another award for AFORTI Factor recently. We are glad that, especially in these difficult times for our clients, we are able to offer them the best possible products that allow them to finance the activities of their companies.
Aforti Finance begins cooperation with Mintos, the peer-to-peer lending marketplace
On Tuesday, March 29 the peer-to-peer lending marketplace Mintos began cooperation with the non-bank lender Aforti Holding, which provides loans to small and micro entrepreneurs across Poland. Currently, Mintos cooperates with nine non-bank lenders from Czechia, Estonia, Georgia, Latvia, Lithuania and Poland.
“By using a peer-to-peer lending model, we made financing more accessible to both individuals as well as small and micro enterprises. In the last year, we have financed more than EUR 20 million in loans through our platform. With each month our capacity grows,” points out Martins Sulte, CEO of Mintos, the lending platform.
The average loan Aforti Finance will provide through Mintos is valued between EUR 1.200 and EUR 12.000, with a repayment period of three to 12 months. Forecast mean interest will amount to nine to 11.5%.
“Mintos, the peer-to-peer lending marketplace, is one of the region’s fastest developing companies in terms of technology. Through cooperation with Mintos, we will acquire new means of financing our loans, a this in turn will let us lend more to micro and small enterprises in Poland,” says Aforti Finance CEO, Klaudiusz Sytek.
Aforti Finance offers its services to four regions across Poland: Central Poland, Pomerania, Greater Poland and Silesia. The Company is part of Aforti Holding S.A., listed on Warsaw Stock Exchange’s alternative marketplace, NewConnect. In 2015 the consolidated revenue of Aforti Holding Group reached EUR 10.2 million and the company made EUR 136 thousand in net profit.
Mintos is a peer-to-peer lending marketplace from Riga. It launched in January 2015. Mintos brings together investors with non-bank lenders and provides opportunities for financing non-bank loans to private and corporate investors. Mintos makes it possible to finance company loans, car loans, invoices, mortgages and consumer loans.
More than 5,000 investors from 40 countries across the globe use Mintos. In the last year more than EUR 20 million in loans was financed through the Mintos platform.
Aforti Finance enters into Romanian market with loans.
Aforti Finance Romania IFN S.A. obtains the license of a non-bank financial institution
Aforti Finance is a company providing loans to micro, small and medium-sized enterprises. This year Aforti Finance obtained a non-banking financial institution’s license issued by the National Bank of Romania, which entitles to offer financial services in romanian market.
Romania is the first of seven foreign markets, on which the financial partner of SME sector will provide loan services planned for the coming years –
As part of an extensive international expansion, Aforti Finance intends to reach with its offer such countries as: the Czech Republic, Hungary, Croatia, Serbia, Bosnia and Herzegovina, Albania and Macedonia, following the Aforti Exchange – an online currency exchange platform for companies, which is also managed by the AFORTI Group.
We started the development on foreign markets from the Aforti Exchange expansion, because it involves much lower entry thresholds than in case of companies providing financial services, where it’s necessary to build scoring models. However, this does not change the fact that we will implement our activities on the international stage consistently, in accordance with development strategy of AFORTI Group for 2018-2020, by widening the offer for entrepreneurs in the field of currency exchange and loans – says Klaudiusz Sytek, the CEO of Aforti Holding.
Paving the way by one of the companies belonging to the AFORTI Group will allow not only for secure and efficient implementation of new services from a legal and operational perspective, but also will significantly minimize the business and financial risks associated with launching new businesses on foreign markets. Such a strategy provides the Aforti Group with the synergy effect between companies operating on the international stage.
Romanian market is not accidental as a place for the implementation of new business projects of Aforti Finance and Aforti Exchange. This was a well thought decision resulting from the economic position of Romania in Europe. Despite appearances – Romania is one of the largest and most dynamically developing economies on the Old Continent, which is why we are present in this part of Europe.
In 2017, the nominal GDP of Romania amounted to USD 206.9 billion, and GDP per capita reached USD 10.56k. According to the estimates of the European Commission, the real GDP of Romania have increased by 6.7 %. in 2017 versus 4.9% a year earlier. At the time the most important sectors responsible for Romania’s GDP were the services and industry sectors, which have generated approx. 64 % of GDP and 33 % GDP.
The European Commission and the World Bank estimate that the Romanian economy will continue to grow, under the assumption that the growth rate is going to fall to 4.5%. in 2018 and 4 percent. in 2019. According to the forecasts of the International Monetary Fund, Romania’s economic growth will reach even 5 percent this year. The most optimistic estimates indicated by the Romanian National Commission for Forecasts shows that in the medium-term perspective for 2018-2021, in 2018 Romania will achieve GDP growth reaching even 6.1 percent.
Undoubtedly, Romania will remain the leader of economic growth in Europe, hence – similarly to other companies of Western Europe – we have been actively working on the entrence to this dynamically growing, although still very young, market.
The advantage of this market is the lower entry barriers and enormous potential of domestic entrepreneurs who, following the development of the national economy, activate their own business activities, looking for fast and attractive sources of financing.
Thus, the entry of Aforti Finance into this market should bring tangible results in the following years, in the form of positive financial results, as well as the growing recognition followed by strong position of Aforti Finance on foreign markets – adds Klaudiusz Sytek.
Moreover, further dynamic development of Aforti Finance on domestic market provides for introduction of an online application service, which will be available in 2019 and further development of its own call center, launched in July 2018, which enables an efficient and functional customer service from the SME sector.
The loan services offered by Aforti Finance are addressed to entrepreneurs looking for optimal forms of financing their own business and development plans, enterprenours running a sole proprietorship or limited liability companies.
Aforti Finance is launching a TV campaign
Aforti Finance S.A. The spot shows an example of a beginning entrepreneur who, thanks to a loan from Aforti Finance, manages to quickly and efficiently develop a company. The promotional spots will be aired on nationwide Polish channels, such as TVP and Polsat, as well as on thematic TVN channels.
Both business and marketing media have been writing widely about our campaign.
We encourage you to read an article about the campaign published in Puls Biznesu. The article is available under the following link.