DelfinGroup is expanding its product portfolio by launching loans secured by real estate collateral, thereby complementing the range of financial services offered by the company. The new product is part of the company's long-term strategy aimed at diversifying its lending portfolio.
A loan secured by real estate is a financing solution in which the borrower uses real estate owned by the borrower, such as an apartment, house, or land, as collateral for the loan. The real estate is pledged to the lender, which allows the customer to receive a larger loan amount and a longer repayment term compared to unsecured consumer loans. Compared to the standard consumer loans offered by DelfinGroup, this type of loan has a lower interest rate, as the loan is secured by real estate.
The new financing product is particularly suitable for customers who are in need of a larger loan amount that cannot be provided by a traditional consumer loan product. This financing can be used to meet various customer financial needs, including making larger purchases, improving their home, or consolidating existing credit obligations into a single loan.
The service is already available on the DelfinGroup brand Banknote website, where customers can submit their applications remotely, as well as at Banknote branches throughout Latvia, making this service particularly accessible in the regions. Applications are reviewed within one business day. The company has already concluded its first transactions within the framework of this product.
The company plans to gradually develop this business direction, initially focusing on controlled portfolio growth and product improvement based on market demand and operational experience.
About DelfinGroup
DelfinGroup is a licensed Latvian fintech company founded in 2009 and is a part of the INDEXO group since 2025. DelfinGroup currently operates in Latvia and Lithuania. The company operates under the brand names Banknote and VIZIA. The company has been profitable every year since 2010. DelfinGroup continuously develops and offers consumer loans, pawn loans, and the sale of pre-owned goods online and at more than 80 branches across Latvia. Since 2014, DelfinGroup has been known on the Nasdaq Riga Stock Exchange as a bond issuer and, since 2021, as a listed company on the Baltic Main List. The company regularly pays dividends to its shareholders. The sustainability of DelfinGroup is based on focused corporate governance, fintech innovation, responsible lending, financial inclusion, and facilitating the circular economy.