ID Finance Spain reports that it optimized marketing costs by 40%, achieving the lowest levels ever registered within the company. In addition, the company has maintained high quality clients, with a non-performing loan ratio of 10% within 90 days. This trend demonstrates significant improvement in unit economics of MoneyMan Spain, which, in combination with being the top choice on the market, will contribute to further successful and profitable growth this year.

On the back of the strong results and growing demand in Spain, ID Finance performed a successful maturity extension of the €40M Eurobond program, finding broad support among bondholders. The company also made several amendments to make the terms more favorable for a wider audience of European investors, including a nominal value decrease from €100 000 to €1 000 and introducing financial covenants to ensure financial control for investors. The bonds are available for trading at the Frankfurt Stock Exchange (ISIN: XS2231806394).