MD Finance Expands into the Spanish Lending Market

Nicosia, Cyprus – MD Finance, a leading developer of non-banking loan and fintech products, has expanded its operations to Spain with its digital lending solution.

With a strong foundation in data-driven market analysis and advanced financial technology, MD Finance continues to strengthen its presence in international markets. The company is already active in Romania, the Czech Republic, and Mexico. Its entry into Spain is a significant step in its global growth strategy. Spain is one of Europe’s largest and most dynamic consumer credit markets.

“We continue to grow and enter new markets, introducing more people to fast and simple credit solutions. We’ve built our system, backed by years of expertise in AI/ML credit scoring. This expertise allows us to ensure objective decision-making within minutes while minimizing risk for lenders,”

Denys Peleshok, Chief International Growth Officer at MD Finance

The MD Finance platform stands out with its smart credit scoring and highly efficient operations, enabling customers to receive loans in just minutes. By combining fast identity verification through trusted partners with advanced risk assessment models, it ensures a quick and seamless process. This approach reduces fraud, keeps operations fully compliant with local regulations, and makes financial services accessible to broader customer segments.

For credit disbursement, the platform uses direct transfers to client payment cards rather than bank accounts. This approach enables real-time transactions, eliminates third-party (bank) delays or extra fees, and allows customers to access funds instantly.

Following focus group research, the platform was further adapted for Spanish users, making it even more accessible to locals. To enhance convenience, loan repayments are also available through Google Pay and Apple Pay.

Spain has a strong economy and ranked fourth among EU countries in 2023 by consumer credit volume, which exceeded €32 billion. With advanced digital infrastructure, the alternative lending sector is showing steady growth, accounting for an estimated 6-10% of total issued credit.

Over the past 10 years, MD Finance has leveraged its technological and market expertise to process more than 13 million credit applications and deliver fast, easy-to-use financial products to millions of people. Earlier this year, the company entered Mexico and plans to continue its global diversification in 2026.

About MD Finance

MD Finance is a fast-growing technology company providing financial services across global markets, combining proven business models with AI-powered solutions. Since 2015, it has been serving people, empowering them through fast and simple financial products.

It specializes in developing non-banking loan and fintech products across Europe and Latin America. By combining market insight with operational excellence, it delivers fast and simple financial products. Today, MD Finance works with a team of 80 professionals worldwide, operating from its headquarters in Cyprus.