Last week Kontomatik’s Team appeared at the 2nd Annual Subprime Credit Forum in Prague, CZ as a silver sponsor and the only #Fintech company.
For many observers, short-term lending has a negative reputation due to the extremely high interest rates charged and in recent years regulators have really concentrated efforts to provide regulation and consumer protection against what were regarded as exploitational policies and tactics used by the industry to make money. And there is a lot of money to be made as despite the often very high payback rates, this type of lending is still very popular due to the speed and ease of getting these loans.
This event brought together short-term credit firms, regulators, financiers and solution providers to discuss best-practice for all aspects of this lucrative area of consumer finance.
From among many discussions and lectures, Armands’ Liseks’ (VP Business Development @ Kontomatik) was the one highest rated by the audience. Check out the image gallery from the event as well as a short video clip below!