The Group was founded by the current management in 2017. We have offices across 7 countries. Our headquarters are located in Riga, Latvia, which offers a fintech friendly business environment, appropriate legal setup as well as a saturated labour market of experienced online lending
2017
Sun Finance Group established
and first three countries opened
2018
Attracted strategic investors,
five countries and 1.0m registered users
2019
First bond tranche issued on Nasdaq CSD,
seven countries and 2.8m registered users
2020
Second bond tranche issued on Nasdaq CSD,
€800m issued, 4.3m registered users
2021
Third bond tranche issued on Nasdaq
More than €1bn issued in loans
Bonds listed on Nasdaq First North market
Key figures
9m+
Registered customers
16.0m+
Loan applications since inception
€1.5 bn+
Loans issued
7
Countries
1,100+
Employees
€100.9m
Net portfolio
Our vision
At Sun Finance, our vision is to become an accessible and attractive one stop shop for consumer financing needs. Our wide customer base includes those who have been historically underbanked and could not access funding from traditional financial institutions as well as provide a convenient and fast alternative to people who prefer speed and accessibility over traditional lenders.
We have developed sophisticated data science models in order to identify customer patterns across more than 4,000 – 7,000 data-points which typically have been ignored by traditional banks.
We aim to further financial inclusion across the world, enabling anyone to obtain financing any day of the week from anywhere in the world, requiring only internet access.
Our leadership
The company is led by a team of seasoned professionals with 10+ years of experience in management roles in FinTech, Finance and IT.
Founder & Chairman of the Council at Alternative Financial Services Association of Latvia
Launched 2 successful businesses, growing them from a start-up to multimillion businesses
Stockholm School of Economics in Riga, BSc
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Emīls Latkovskis
Co-founder & COO
Operational responsibility of the whole Group
Overseeing Central Asia and Latin America regional hubs
Part of Sun Finance from day 1
Board member of the Latvian Football Federation
Previously ran marketing agency, specifically focusing on finance industry
Stockholm School of Economics in Riga, BSc
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Lāsma Kirjasova
CRO
Oversees Group’s Risk and Data Science teams
Broad experience in team management & fraud prevention
Previously Group Head of Fraud Management for a large European online lender
Senior Consultant Assurance, Audit & Fraud at EY Baltics
MBA at BA School of Business and Finance
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Elīna Zerne
CFO
Oversight of Group’s Finance and Accounting teams
Previously the leading group auditor for largest short-term lender in Europe
Senior Auditor at KPMG
Master’s degree in tax administration at Riga Technical University
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Roman Kornienko
CIO
Oversees Group’s Engineering and IT departments
Broad experience in Financial IT solutions for various businesses
Previously CTO for E-Tickets service and team lead for regional software development centre (CFT)
MSc of Computer Science at Kyrgyz National University
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Roberts Molotanovs
CLO
Oversight of Group’s Legal and Compliance teams
Previously Head of Legal for the largest online lender in Europe
Member of Financial Sector Development Committee at the Latvian Chamber of Commerce and Industry
Legal Advisor at the Council at the Alternative Financial Services Association of Latvia
Professional Master’s Degree in Law at the University of Latvia, qualified lawyer
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Margareta Brice
Head of HR
Oversees Group’s HR department
More than 10 year experience working in HR field across various companies, with the past 7 years spent managing HR departments in online lending companies
Higher education in HR management
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Vitaliy Nizhegorodtsev
Central Asia HUB CEO
Overseeing Central Asia regional hub
Part of Sun Finance since 2017
Chairman of the Board of Directors of the Kazakhstan Fintech Association
Previous experience in successfully launching and managing microfinance businesses
Manager of the Year 2020 award from the Union of National Business Ratings (Kazakhstan)
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Gatis Treimanis
Europe HUB CEO
Overseeing Europe regional hub
Part of Sun Finance since 2018
Previously worked as a managing director, establishing a fintech start-up in Indonesia
Group Head of Finance & Control at one of the largest short-term lenders in Europe
Senior Consultant at EY
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Helēna Dombrovska
South East Asia HUB CEO
Group Chief Commercial Officer
Overseeing South East Asia regional hub
Part of Sun Finance since 2019
Previously Head of Financial Planning & Analysis at 4finance
Various corporate finance roles at EY and other advisory boutiques
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Daniel Stenberg
Scandinavia HUB CEO
Overseeing Scandinavia regional hub
Previously regional manager of Scandinavia, Baltics, and Latin America as well as a member of the executive committee at 4finance