Who are we


Management Financial Group (MFG) is a holding company, uniting leading providers of non-bank financial services in Central and Eastern Europe. MFG manages a rich portfolio of successful business models in the field of consumer loans, loans for micro and small businesses, credit cards, digital business and other alternative financial products and services.

MFG brings together companies with different experience, history and traditions. Some of the institutions in the structure of MFG are in the initial stage of their development, some are rapidly developing and growing, others are well established in their industry with over 14 years of experience. More than 7 700 employees and associates in nearly 450 offices in Bulgaria, Ukraine, Romania, Poland and Macedonia take care of our customers.

In addition, MFG is focused on developing and commercializing a comprehensive portfolio of financial services, including lending, payments and investments.

Guided by its mission and vision of growth, MFG has ambitions to establish itself as one of the fastest growing providers of financial technology products and services to the people.

Our philosophy


We are guided by our mission – to provide access to financial services for all people.

With persistence and with each of our companies, we prove that we are socially impactful and develop the economy as well as the lives of our customers.

We are working enthusiastically to develop a leading and stable group of companies with high-tech financial products and services for customers, employees and society as a whole. We share knowledge, experience and different views in our companies and we do not put limits before ourselves. This way we can accomplish our goals together.

450+

Offices in CEE

7 700+

Employees

Over 14

Years of experience in financial services

6 Operations on European markets

6 Locations

on European markets

1 000 000 + Loans provided

1 500 000 +

Loans provided

4 Strong and highly competitive brands

13 Strong

and highly competitive brands

Explore our interactive timeline and find out more about our key milestones

2005
Timeline

Easy Asset Management (EAM) company was established in Bulgaria, specialized in home lending business model. The company is known under its brand name – Easy Credit.

2006
Timeline

Easy Credit is registered as a non-banking financial institution by the Bulgarian National Bank.

2009
Timeline

EAM enters the Ukrainian market under its international brand name – iCredit. Easy Credit is the first Bulgarian company of the non-banking financial sector that expanded over foreign markets.

2011
Timeline

iCredit continues its development on the international market by entering the Romanian market.

2012
Timeline

Easy Credit celebrates its 500 000th client.

2012
Timeline

Viva Credit company was established as a non-banking financial institution, specialized in lending personal loans through a network of shops, via phone or online.

2013
Timeline

Access Finance Lts. was established as a non-banking financial institution offering the international credit card "White Card".

2014
Timeline

iCredit expands over a third international marketplace – Poland.

2014
Timeline

SmartIT company was established. This is the technological unit of MFG. The company is specialized in insourced development of financial systems and platforms.

2014
Timeline

Express Pay is licensed for money transfers through BG posts.

2015
Timeline

MCash company was founded as a new financial institution, specialized in providing online consumer loans. The company starts operations in Macedonia as the first company to lend loans entirely online.

2015
Timeline

Easy Credit lends its 1 000 000 loan.

2015
Timeline

Easy Credit celebrates its 10th anniversary.

Timeline

Fintrade Finance was established. The company is focused on funding of micro and small businesses.

2015
Timeline

Code Success Foundation was founded.

2015
Timeline

Easy Asset Management establishes Management Financial Group as a holding of leading companies in the non-banking financial sector.

2016
Timeline

Easy Credit becomes the first originator on the innovative Estonian-based peer-to-peer platform "iuvo", by listing its own credit expositions.

2016
Timeline

Easy Payment Services was established. In May, 2016 EPS was granted a payment institution license by Bulgarian National Bank.

2016
Timeline

2016 Svea Finance was acquired and renamed to "Agency of Control of Outstanding Debts". The core business of the company is focused on collection of porfolios of receivables from various industries.

2016
Timeline

MFG receives permission from the regulatory authorities to acquire the majority stakes in both companies - "Viva Credit" Ltd. and "Access Finance" Ltd.

2017
Timeline

Viva Credit joins as an originator in peer-2-peer platform "iuvo".

2017
Timeline

iCredit Romania joins as one of the originators in P2P platform "iuvo".

2017
Timeline

Easy Credit acquires its main competitor in the home lending sector in Bulgaria - Provident Financial Bulgaria. This helps the company to strenghten its leading position and to continue to provide excellent service to its customers under the brand of Easy Credit.

2017
Timeline

Access Finance launches its second brand on Bulgarian market under the name "AXI Card".

2017
Timeline

Access Finance starts operation on the Romanian market under its international brand "AXI Card".

2018
Timeline

SmartIT expands its operations and opens a new office in Kiev, Ukraine.

2018
Timeline

Prospect Capital was founded. Prospect Capital is a non-banking financial institution focused on lending of corporate and business loans.

2018
Timeline

"AXI Card" enters the Polish market.

2018
Timeline

Fintrade lends its 5000 business loan.

2018
Timeline

Easy Payment Services receives an e-money license by the Bulgarian National Bank

Goals


To build a global organization through:

  • Proactivity and entrepreneurship
  • Focusing on excellent results
  • Promotion of ideas and respect for differences

To provide financial services for all through:

  • Informed choice
  • Responsible lending
  • Accessible financing

To offer financial technologies for the benefit of people through:

  • Innovative solutions
  • Continuous improvement
  • Platforms that provide the best customer experience

Values


Sustainability

We build sustainable companies that are in harmony with society, nature and their employees.

Empathy

We put our customers and employees at the center of all our activities because we believe that they are our most valuable asset.

Visionary spirit

We think and act with vigor in our business decisions. We never put limits on our imagination and this way we are able to achieve even the most challenging goals.

Management Board


Stanimir Vassilev

Stanimir Vassilev

Founder and Chairman of MB
Nedelcho Spassov

Nedelcho Spassov

Founder and Deputy-Chairman of the MB
Antonia Sabeva

Antonia Sabeva

Member of MB and Chief Executive Officer
Petar Damyanov

Petar Damyanov

Chief Finacial Officer
Tsvetan Krastev

Tsvetan Krastev

Member of MB and Chief Credit Cards & Digital Business Officer
Hristo Mitrovski

Hristo Mitrovski

Member of MB and COO, Group Division Operations and Strategic Development
Apostol Mushmov

Apostol Mushmov

Member of MB and Chief Credit Risk and Revenue Optimization Officer
Ivelina Kavurska

Ivelina Kavurska

Member of MB and Chief Group Projects and Strategic Development Officer
Angel Madzhirov

Angel Madzhirov

Member of MB and Sales Director