Iute Group
Allar Niinepuu, the Founder, Chairman of Supervisory Board, and Chief Commercial Officer at IuteCredit Europe AS, has a vast experience in the financial sector. In addition to their role at IuteCredit, Allar also serves as a Member of the Supervisory Board at Arco Vara AS, Partner and Member of the Management Board at OÜ Alarmo Kapital, and Sole owner and Manager at OÜ Kavass. Prior to their current roles, Allar worked as a Marine Officer at Estonian Maritime Shipping Company. Through their various positions, Allar Niinepuu has demonstrated strong leadership and expertise in the industry.
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Iute Group
Iute Group – established in 2008 – is a leading European fintech company. The Group is specialized in consumer finance and payment services via its 100% subsidiaries. Iute serves customers currently in Moldova, Albania, North Macedonia, Bulgaria as well as Bosnia and Herzegovina under the MyIute and IuteCredit brands, while it is expanding its services, geographies, and brands ecosystem. Group’s core loan products are unsecured installment loans and buy-now-pay-later loans with maturities between 1 month and 48 months and collateralized loans with maturities up to 72 months. Loans are provided over the webshops, Iute’s website, MyIute app, network of branches, merchants, and partners. Iute’s payment services vary from country to country between full-range solutions provided as a bank, and partial solutions subject to the license issued in any given country. Group operates its own ATM network that is accessible with the MyIute app. Group finances its loan portfolios with equity, with secured bonds that are on the main list of Frankfurt Stock Exchange and Nasdaq Baltic, and with deposits (as a bank inside a given country). The mission of IuteCredit is to create the extraordinary experience in personal finance by exceeding customers' expectations. See more: www.iutecredit.com