4 (UK, CZ, IS, DK)

Nationalities presented in the group

SWISS FUNDS, A.S. IS PART OF ORKA VENTURES, A GROUP WITH 10+ YEARS OF EXPERIENCE IN PROVIDING INSTANT ONLINE LOANS IN THE NORDICS AND CZECH REPUBLIC

We provide short maturity consumer financial services to the subprime and near prime segments. We specialize on fully automated, data-driven approach to risk management and lending to serve a large market untapped by competitors.

End-to-End Loan Management System

The entirely digital lending platform – from marketing through onboarding and credit risk check to disbursement – minimizes the need of human intervention and reduces decision-to-disbursement time to less than one minute.

Strong, proprietary risk scoring process

Swiss Fund’s scorecards are based on Logistic regression model (LogReg), Multivariate LogReg and Decision tree. The risk model was developed on massive sample of historical data. The scorecard assigns a score to each applicant and classifies them into different risk groups. Based on this, credit limits are dynamically generated for each customer, and in combination with KO Criterias, applications are approved (or rejected).

Single payment consumer loan

Single installment unsecured personal loan.

15 to 30 days
From ~40-820 EUR (1 900-19 800 CZK)
Interest rate 1% per day

Company name: Swiss Funds, A.S.

Brand name: Švýcarská Půjčka

Legal address: Školská 689/20 110 00 Prague 1, Czech Republic

Licensed: YES

Audit: N/A

Internal auditor: N/A

Presentation: Preview

Group structure: Preview

Sample loan contract: Czech​, English

Credit provider license number: N/A

Swiss Funds, A.S. annual report 2022: Preview

Websites: https://www.svycarskapujcka.cz/

E-mail: info@svycarskapujcka.cz

Swiss Funds, A.S. is registered in the commercial register maintained by the Municipal Court in Prague, section B, insert 21887 with a share capital of CZK 34,600,000.

Wiserfunding Risk Assessment uses available information at the date of publication from public sources or information provided to them based on our previous assessment. Some additional resources not checked by Monestro during onboarding are now used for the report.

During LOs’ onboarding and quarterly monitoring, Monestro performs also assessment of internal procedures and portfolio, which is not publicly available.

Due to these differences, Risk Assessment results (Ratings) of Wiserfunding and Monestro may differ.

Wiserfunding report created on the 03.09.23: Log in and download.