About Afranga
Afranga is a company based in Shumen (Bulgaria) founded in 2020. It operates as a Marketplace, and B2C. Afranga offers products and services including Investment Platform and Loan Originator Access. Afranga operates in a competitive market with competitors including KoinWorks, Lufax, CreditEase, Mintos and Bondora, among others.
- Headquarter Shumen, Bulgaria
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Sectors
TechnologyFinancial Services
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Phone
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Website
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Social
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- Legal Name Afranga Eood
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Annual Revenue
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Products & Services of Afranga
Afranga offers a comprehensive portfolio of products and services, including Investment Platform and Loan Originator Access. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Online platform for investing in loans with no fees and regulatory oversight.
Service connecting investors to loan opportunities across Europe.
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Funding Insights of Afranga
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Afranga
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Afranga
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Afranga Comparisons
Competitors of Afranga
Afranga operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as KoinWorks, Lufax, CreditEase, Mintos and Bondora, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Developer of a P2P lending platform
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| domain | founded_year | HQ Location |
Personal loans are connected via an online P2P lending platform.
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| domain | founded_year | HQ Location |
Financial services in wealth management and microcredit loans are offered.
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| domain | founded_year | HQ Location |
P2P marketplace for consumer and business loans
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| domain | founded_year | HQ Location |
Online P2P marketplace for consumer and business loans
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| domain | founded_year | HQ Location |
Developer of online P2P marketplace for commercial real estate and business loans
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Afranga
When was Afranga founded?
Afranga was founded in 2020.
Where is Afranga located?
Afranga is headquartered in Shumen, Bulgaria. It is registered at Shumen, Shumen, Bulgaria.
What does Afranga do?
Afranga operates as a regulated crowdfunding service provider, allowing users to invest in loans through an online platform. It facilitates connections between investors and loan originators, offering transparent processes and no investment fees. Based in Sofia, Bulgaria, it serves investors from over 32 countries in Europe, emphasizing compliance with financial regulations to ensure secure transactions and potential growth of savings.
Who are the top competitors of Afranga?
Afranga's top competitors include Bondora, Lufax and CreditEase.
What products or services does Afranga offer?
Afranga offers Investment Platform and Loan Originator Access.