Company Performance Metrics
Plamen Petrov: Cash Credit shareholder & Managing Partner, MENA- Georgi Krumov: Executive Chairman & Founder
Cash Credit is a tech-based non-banking financial institution founded in 2011 in Bulgaria, which works in partnership with mobile network operators to offer micro financial services to mobile subscribers. The company uses an innovative, proprietary credit scoring approach to offer consumers rapid credit decisions, with convenient service and
billing through their partner operators. Cash Credit partners in Bulgaria with the country’s two largest mobile network operators.
MTEL, part of Telekom Austria Group, was Cash Credit’s first partner in Bulgaria. MTEL clients have access to micro-financing as a part of the mobile operator’s product portfolio.
The second company to become Cash Credit’s partner in this unique business model was GLOBUL.
Cash Credit is the first and currently the only company that operates in such integrated partnership, providing many benefits for clients and for mobile operators, because our service is quick, technological, and secure, while being really convenient.
Cash Credit’s services in partnership with MTEL and GLOBUL are available in all MTEL, GLOBUL and GERMANOS stores. Mobile operator staff grant funds within a few minutes at the mobile operator’s stores.
The main difference in Cash Credit’s service is its innovative scoring, which allows more precise customer evaluation while remaining a completely automated process.
