Sun Finance
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| Company type | Private |
|---|---|
| Industry | Fintech, Consumer lending |
| Founded | 2017 |
| Founder | Toms Jurjevs Emils Latkovskis |
| Headquarters | , |
Area served | Latvia, Sweden, Denmark, Poland, Vietnam, Kazakhstan, Mexico |
Key people | Toms Jurjevs (CEO) Emils Latkovskis (COO) |
| Products | Personal finance |
| Owner | Aigars Kesenfelds (100%)[1] |
Number of employees | 1000+[2] |
| Website | sunfinance |
Sun Finance Group is a Latvian financial technology company operating as an online and mobile lending marketplace.[3] The company was founded by Toms Jurjevs and Emils Latkovskis in 2017 and is headquartered in Riga, Latvia.[3] Sun Finance is present in several countries across Europe, Asia, and Latin America.
Founding
Jurjevs and Latkovskis established the company in Riga in 2017.[4] Prior to founding Sun Finance Group, Jurjevs was the CEO of non-bank creditor company 4finance.[5][6][7] His co-founder Emils Latkovskis was a former footballer,[8] CEO of the Latvian Higher League, and a board member of the Latvian Football Federation[9][10] and UEFA Futsal and Beach Soccer committee member.[11][12][13][14]
Further development
In 2019, Sun Finance Group unified all of its loan originators under the Sun Finance brand.[15] In Kazakhstan, Sun Finance sponsored youth football tournaments for the Auyl Football project in May 2021.[16] By July 2021, Sun Finance has issued loans with the overall amount of $1 billion.[17][18] On October 14, 2021, the company began trading bonds on the Nasdaq First North market of the Baltic stock exchanges.[19] As of 2022, Sun Finance Group has 6 million registered users.[2]
The company has been noted by the media sources and financial technology industry.[20][21][22][23][24][25][26][27]
In 2023 Sun Finance was among Europe’s fastest-growing companies.[28]