Latvian fintech company DelfinGroup is starting a cooperation with an Estonian capital company Wallester AS to offer a new and innovative financial product that allows customers to use Visa virtual cards to access a convenient and secure credit line.

 

Chief Innovation Officer of DelfinGroup Nauris Bloks says that the aim of the cooperation with Wallester is to provide a seamless and secure lending experience for customers. "By integrating virtual card technology by Wallester into our product portfolio, we will enhance our services, increase the security component and focus on a simple and convenient user experience for our customers," explains N. Bloks.

 

Sergei Astafjev, CEO of Wallester, added that the cooperation with DelfinGroup will provide both companies with the opportunity to grow and develop in the financial sector. "In cooperation with DelfinGroup, one of the leading fintech companies in Latvia, we want to provide our customers with high-quality services and innovative solutions that will have a positive impact on the whole market and facilitate financial transactions," said S. Astafjev.

 

About DelfinGroup

 

AS DelfinGroup is a licenced fintech company established in 2009 and operates under the brand names Banknote and VIZIA. The company has been profitable every year since 2010. DelfinGroup continuously develops and offers consumer and pawn loans, loans developed for senior citizens, Buy now pay later loans (BNPL loans), and the sale of pre-owned goods online and at more than 90 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.

 

About Wallester

 

Wallester AS is a financial services provider that offers customised card payment solutions and utilises state-of-the-art card payment infrastructure. Its flagship products are Wallester White-Label and Wallester Business. Wallester White-Label is a comprehensive card payment solution for any business looking to launch their own branded Visa payment card programmes, with an advanced back-office, easy integration via REST API, and a user-friendly mobile application that enhances financial products and elevates business to the next level of financial success. Wallester Business is an all-in-one card payment infrastructure that provides unlimited control over the management of corporate expenses. The solution enables the unlimited issuance of Visa payment cards for payroll and business expenses, either via the platform or the mobile application. Wallester Business enables real-time cerd payment authorization, expense tracking and REST API across multiple platforms.

 

For further information, please contact:
Linda Eltermane,
DelfinGroup Head of PR
Phone: +371 28700457
E-mail: [email protected]