TAMGA

TAMGA is an international finTech company that develops and presents technology and marketing solutions for the financial sector. The mission of the company is to improve people's financial literacy and to make financial products simple and accessible.

TAMGA's credit platforms allow banks and financial companies to tailor their credit offerings according to their policies and business needs. They can customize any options of their credit programs, including factors such as loan duration, loan amount, minimum credit score, maximum debt-to-income ratio, coefficient, and target income by risk. The abundance of training data leads to higher approval rates and lower interest rates at the same level of default losses. TAMGA has been promoting responsible lending in the market for a long time, where responsible consumer loans are customized and avoid the over-indebtedness of the consumer, not just for the average and general, but for any consumer who applies for credit.

Company's products

TAMGA is a developer of technological and marketing solutions for financial companies and banks, which offers clients financial product development, operational management, marketing, customer acquisition, and real-time 24/7 support.

The company develops platforms and financial services that link consumer demand for financial products and connect to a wide network of partners. The company's portfolio includes a number of successful products: platforms for automation of offline and online lending processes, services for online verification of users and checking their financial situation, systems for automatic evaluation and improvement of customers' credit history, online hire-purchase services, comparison websites.

Statistics

• Number of TAMGA employees: 250+ people

• Loans issued using TAMGA products since the beginning of its activity: 2,200,000 pcs loans.

• Number of unique clients of TAMGA platforms: 1,000,000+ people

Overview and history

TAMGA creates unique financial platforms and services that improve customers' lives and enhance their quality of life. The name of the company comes from the ancient financial term "Tamga", denoting a fee or duty, which in ancient times existed in some countries of the medieval East.

TAMGA's business model is also based on withholding of commission or fixed fees from financial partners for using the company's platforms. This commission is a fixed amount or percentage of the loan amount.

• 2011 - creation of the developer of technological and marketing solutions of TAMGA, development and creation of a credit platform for offline financial companies and credit brokers.

• 2014 - creation of a cloud-based online platform for comprehensive automation of the work of online lenders. On the one hand, the platform provides access to credit products from banks and financial companies for individuals. On the other hand, for banks and financial companies, the platform provides access to thousands of loan applications from potential borrowers or for refinancing various comparison sites or non-financial services previously received from credit brokers. The platform conducts a preliminary assessment of borrowers (combined with customer application data, data from social media, telecoms and its own scoring models based on customer behavior), verification of borrowers and routes them to relevant loan products depending on their credit rating.

The platform uses over 1,500 non-traditional variables, making it a great option for those partners who have fair credit. The platform, based on Big Data and machine learning algorithms, helps partner companies implement fully digital lending methods within a month rather than several years. As of 2023, the platform's unique technical capabilities, including those based on artificial intelligence and Data Science, allow it to approve most applications from potential borrowers almost instantly. • 2015 - launch of online lending platform “Bistrozaim” in Ukraine.

• 2016 - launch of the online platform of the credit intermediary Szybka Gotowka in Poland and attraction of the first lenders to the platform. Currently, Szybka Gotowka has more than 1.5 million satisfied customers. Most of the loans issued were fully automated. TAMGA attracts financial companies that use the platform to get new customers. Szybka Gotowka also provides an opportunity to conduct all communication with borrowers, credit or collection agencies through the platform, which means getting a loan at the optimal rate.

The Szybka Gotowka platform has already helped over 10,000 customers improve their financial literacy and improve their credit rating and thus reduce the cost of their loan, and thus obtain a loan at an optimal rate.

• 2016 - the beginning of work in the Spanish market and the launch of an online credit intermediary platform in Spain.

• 2018 - opening of the company's office in the UAE.

• 2019 - launch of an investment platform called ekassa.eu which helps financial companies to attract investments from EU individuals in various credit products.

• 2019 - launch of the user identification service called Wurmie.

• 2019 - launching of FINRADA and RacoonGo comparison sites in Poland, which allow users to compare real loan terms quickly and transparently in order to make it possible to choose the most profitable option without hidden fees and other pitfalls.

• 2020 - the release of a new modified version of the credit intermediary platform in Spain, which has been renamed Prestamo Rapido.

• 2021 - launch of a credit platform for fintech project called Alibaba.ua.

• 2021 - launching of Rulla, a flexible payment service that has become an alternative to credit cards and allows customers to make purchases according to the BNPL "borrow now and pay later" principle.

• 2021 - launch of the Early Wage in Spain, service of an early access to your salary.

• 2021 - the beginning of work on the development of a platform to find financing for businesses.

• 2022 - launching Scorector, a service for improving credit history, in Ukraine and in test mode in Poland. Scorector helps clients improve their financial literacy. With the help of special training courses, programs and recommendations, the service helps to solve the users' current financial problems and, as a result, reset their credit history. To date, the service has already helped more than 10,000 clients improve their financial literacy, improve their credit rating, reduce the cost of credit, and subsequently take loans on optimal terms.

• 2023 - launch of the service for finding financing for small and medium-sized businesses from EU countries called Capitalko.

• 2023 - launch of a lending platform for entrepreneurs called Ekassa.

Today, TAMGA's portfolio includes dozens of implemented products for the financial market, which make the lives of consumers and financial companies easier. Currently, the company is working on a service for legal assistance with existing debts, on creation of a service for analysis of clients' current financial situation as well as on a service for analyzing expenses with recommendations for their optimization.

The company has ambitious goals to deepen and expand its services and financial and marketing products, and they will be achieved in the near future to make the financial world accessible, understandable and convenient for every European.

Recognition

TAMGA products have been repeatedly nominated and awarded in different countries.

In 2021, the online lending platform Bistrozaym was nominated by the authoritative publication psm7.com for the best microcredit service in Ukraine.

In 2021 credit intermediary platform Szybka Gotówka was awarded by direct.money.pl website.