August 31, 2022
Company News
DelfinGroup has renewed and upgraded the largest online store in Latvia for the sale of verified pre-owned goods
DelfinGroup has renewed its online store to sell pre-owned verified goods – veikals.banknote.lv. It will be the largest circular economy online store with verified pre-owned, slightly pre-owned, and new goods in Latvia and other Baltic countries. It already has more than 40,000 products available, and the range of products is updated and supplemented daily.
“The renewed Banknote online store is a unique solution in the Latvian market, as you can buy pre-owned, slightly pre-owned, and new high-quality goods, as well as sell your own goods to us. Banknote delivers the goods from the seller to the buyer most conveniently and safely. The items are carefully verified and, if necessary, restored before they are put on sale. Therefore we take responsibility for them even after the sale and offer a 24-month warranty. It should be mentioned that many of the products on sale are completely new, for example, the product only has an opened package, and it came to us not owned,” explains Didzis Ādmīdiņš, Chairman of the Management Board of DelfinGroup.
Being where people need it is one of DelfinGroup main development principles; therefore, alongside the expansion of the Banknote branch network and the improvement of services, the company is actively developing digital channels. The online store veikals.banknote.lv offers a wide selection of mobile phones, computers, smart watches, household items and household appliances. The jewellery category is particularly noteworthy, where you can find new and pre-owned jewels and accessories of well-known brands. Each piece of jewellery for sale is professionally prepared, cleaned, restored if necessary, and all precious and semi-precious stones have a certificate from the Latvian Assay Office. In the Banknote online store, you can also find a range of products from the famous Riga city pawn shop, which will delight any lover of exclusive things or antiques: 19th-century French gold coins, branded watches and accessories with precious stones, art and interior items, sets from the Riga Porcelain Factory, etc.
“Creating the renewed online store, our team of professionals has invested their long-term experience and knowledge to make the shopping process intuitively simple, safe and convenient for the customer. It is a wide, customer-approved trading platform, where goods from Banknote stores all over Latvia are available in one place. The online store already has more than 20,000 satisfied customers, and together with the DelfinGroup team, we are pleased to observe that this number is growing every day!” continues D. Ādmīdiņš.
The Banknote pawn shop branch network and online store have become some of the leading sales channels for pre-owned, slightly pre-owned, and new goods in Latvia, which help customers throughout the country exchange items, gain financial benefits and support the reuse of things. Reusing goods is a very effective way of reducing unnecessary consumption and excessive use of natural resources, and it helps people save and handle their financial resources more efficiently.
About JSC DelfinGroup
JSC DelfinGroup is a licenced technology-based financial services company established in 2009 and operates under the brand names Banknote and VIZIA. The company 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. On average, 35 thousand loans are issued monthly and serviced by a professional team of more than 300 JSC DelfinGroup employees. The company has a total of over 400,000 registered customers. Since 2014, JSC DelfinGroup has been known on the Nasdaq Riga Stock Exchange as a bond issuer and, since 2021, as a share issuer on the Baltic Main List. The company's IPO in 2021 attracted almost 6000 new shareholders. The company regularly pays dividends to its shareholders. In the first half of 2022, the company's net loan portfolio grew to EUR 53.8 million, while its EBITDA reached EUR 5.8 million, with profits before income tax for dividends of EUR 3.6 million. The company's sustainability is based on focused corporate governance, fintech innovation, responsible lending, financial inclusion, and facilitating the circular economy. The company has been profitable every year since 2010.
For further information, please contact:
Linda Eltermane,
JSC DelfinGroup Head of PR
Phone: +371 28700457
E-mail: [email protected]