Kreditech Rebrands to Monedo as It Steps Up Growth in International Lending Markets
March 11, 20206 min
International online direct lender and Point-of-Sale (POS) financing provider Kreditech today announced it is rebranding its name to Monedo, as it looks to further grow its position in the Indian, Polish, Russian and Spanish near-prime lending markets. While announcing the rebrand, David Chan, the Chief Executive of Monedo, also announced that the company is on target to achieve a positive Adjusted Operating Cash Flow in the fourth quarter of 2020, while delivering revenues of EUR 43 million in...