UnaFinancial, an international fintech group of companies, has issued management accounts for the first six months of 2024.
During this period, the group earned $4.7 million, while its revenue and commission income equaled $102.1 million. UnaFinancial said it has been showing “steady growth year-over-year, focusing on streamlining of business processes and scaling its high-performing companies”.
Compared to the first half of 2023, UnaFinancial’s net profit grew by 18%, reaching $4.7 million. The group’s revenue and commission income increased by 10%, from $93.1 million in H1 2023 to $102.1 million in H1 2024. Meanwhile, disbursement volumes equaled $358.6 million in H1 2024, up by 23% year-over-year.
“Our primary goal now is to continue enhancing the financial performance of the group by scaling the most profitable businesses, which is reflected in our results,” said Sergey Sedov, founder and CEO of UnaFinancial.
“In the Philippines, we have increased loan issuance and expanded our product line with a POS upgrade of the BNPL service and the launch of installment loans. As a result, our disbursement volumes in the Philippines showed a 20% YoY growth in the first half of 2024.
“In Kazakhstan, the loan issuance increased by 27% during the same period. We are also working on diversifying the product offering in the country and continue improving operational efficiency across all our markets.”
Founded in 2015, UnaFinancial operates a group of fintech companies developing easy-to-use digital financial solutions across seven markets in Asia and Europe. The group aims to provide simple and reliable access to finance through innovative technologies and focusing on customer needs. Since its foundation, UnaFinancial claims to have served more than 14 million clients, granting access to loans worth over $1.5 billion.
