Our year in review
As 2016 is coming to an end, we can look back at a successful year that has been both groundbreaking and challenging in so many ways. Let’s see what 2016 had up it’s sleeves for Northmill and what we've set out to achieve in 2017.
We’ve managed to grow the revenue by over 70% since last year and have acquired over 10 000 new customers. It's particularly gratifying that we surpassed and even outperformed the targets we set up for ourselves.
Here is a brief summary of 2016:
Strong brand positioning in Finland
Since the launch in Finland 2015 we’ve established Credigo as one of the market-leading players for installment loans.
Purchasing P2P technology
In May we purchased a P2P loan platform. We believe that the code base is of high quality and does not rule out launching our own P2P lending platform.
New development resources
We’ve created dedicated teams for iOS and Android development.
Machine learning credit scoring
The analytics team has enhanced our credit scoring models which are utilizing machine learning capabilities. In-house tech and analysis are bound to be crucial when it comes to building the next generation full-stack financial hub.
The corporate identity was rebranded and we will meet the new year with a fresh and updated look.
The new logo on black background
A talented and hardworking team
Northmill has grown from a team of 20 – most of whom were working with customer support in Sweden – to a team of 55 spread across three countries and with nearly half of employees working with IT.
We are incredibly proud of what this team has achieved during 2016.
The annual conference in Prague
What to expect from 2017
It’s no exaggeration to say that 2016 was a very good year, however we strongly believe that 2017 has all the conditions of being absolutely groundbreaking. Here are some of the reasons why:
We are launching our challenger finance hub Rebilla, a mobile hub with features using the full potential of fintech. More details about the Rebilla project will be revealed next year.
Launching in Poland
Having our IT-department already based in Katowice, Poland, it’s a natural market for us to start offering consumer-credits which we are looking to launch next year.
Expanding the product portfolio in Finland
We’re broadening our product portfolio in Finland with the launch of Easycredit and Credway.
Our overall mission for 2017 is to build the best digital finance experience, aimed at solving problems for the everyday customer. We want to take this opportunity to thank you for your support and wish you a Happy New Year!
The Northmill team