Kredito24.CZ Press Kit January 2015

1 Kredito24 Markets Soon to be launched General Info Kredito24 offers sustainable financial products of the 21 st century: online loans at transparent conditions that can be taken flexibly at any time and place. Kredito24 online lending services are based on Big Data. The proprietary scoring algorithm takes credit decisions based on up to data points within less than a minute. By analyzing the coherence of the given data, this algorithm is able to predict the attitude of the individual and determine whether applicants are willing and able to repay the loan or not. Therefore, Kredito24 services do not depend on credit agencies and provides a reliable credit decision within few minutes. This flexibility enables customers to react quickly and conveniently to sudden or unexpected expenses. Customers can receive their money 15 minutes after applying on their bank account. Kredito24 Around The World

2 Our Aim Worldwide, 70% of the people are not scored. That means, that the bank has no estimation on whether or not the person will repay the loan. All these people will usually not be applicable for a loan. With our Big Data technology, we can provide these people with a credit score and offer them loans. Also, it is our aim to make lending more convenient, that is, easier, faster and better. In the 21 st century, lending should not be restricted to far-away offices and opening hours. That is why Kredito24 offers all services online. We provide one central online platform where the customers can use innovative and fully automated 24/7 financial services. We develop and innovate our products in online and mobile versions. Our biggest challenge is to adopt product diversity following customer-needs and volumes.

3 What Is A Credit Score? A credit score is a uniform index value for the creditworthiness of a private individual. The better the value, the more probable the repayment of the credit or the lower the risk of default. The credit score is based on different factors, such as place of residence, amount of income, previous payment performance, age, profession, and additional factors. Standard credit bureaus consider approximately five factors in their scoring. Kredito24 uses its technology to assess several thousand factors to determine a credit score.

4 Our Products Kredito24 offers loans up to CZK for a maximum 30 days. Applications can be submitted on the website 100 % online, 24 hours per 7 days a week. Kredito24 uses BIG DATA to replace credit bureaus in determining fraud, identity and most importantly scoring in underwriting online loans which triggers a decision in less than a minute. After issuing a positive decision a loan is transferred on a customer’s bank account within 15 minutes. Our platform is operated by a group of specialists in the field of finance. The creditworthiness of an individual is determined objectively and the conditions of the loans are presented on a transparent way.

5 FAQs 1. How is your technology different from other scoring solutions? Traditional scoring models look at two things: Have you repaid your debts and how much debt do you currently have outstanding? The Technology of Kredito24 looks at several thousand data points that predict a customer’s ability to repay the loan. This technology allows us to make better decisions and give unscored people access to credit products. 2. How does the scoring work? Our scoring model takes into consideration every piece of information that can be obtained about individuals who apply for a credit at Kredito24. Our credit application software is divided in three stages before approving the loan. First, undertake fraud detection to determine if the application is sent by a real person. In the second stage we conduct an identification procedure. Afterwards the actual scoring process starts. The obtained information about the applicant is analyzed with statistical methodologies collected from our self-learning technology.

6 FAQs 3. Does the creditworthiness of Facebook friends affect credit application? If the applicant provides access to those data via Facebook connect, Kredito24 reviews the personal network but does not focus solely on social network-based factors. Like in a mosaic, one information alone is not important. What leads to the decision is the coherence of all data. 4. Are you a bank? We are not a bank. Kredito24 has been founded because of two large gaps in traditional banking activities: 1.) Banks do not understand customer needs as they are too busy thinking about profits. 2.) Banks have shown little to no innovation since its creation as they think money is more important than customers. We are a high-tech company that provides a broad range of financial services in the field of BIG DATA scoring.

7 FAQs 5. Who can apply for a loan? Kredito24 operates in the Czech market with the goal to give all people access to credit products. We look at several thousand data points that predict an applicant’s ability to repay the loan. In order to send a loan application at our website you should reach the age of 18, EU citizenship is not a condition. 6. Where is Kredito24 from? Kredito24 is registered copyright of Kreditech Česká republika s.r.o. The scoring system it uses is provided by German company Kreditech Holding SSL Gmbh. Our customer care team is available during 8:00 to 20 :00 working days and hours. Which is a subsidiary of the German Fintech company Kreditech.

8 Who We Are Kredito24 is brand owned by Kreditech Česká republika s.r.o. which is a subsidiary of the German fintech company Kreditech. It provides online loans in Czech market through its website Kredito24.cz. Jakub Škrabánek Country Manager Adéla Jelínková Press Contact