UAB "Moment Credit"

UAB "Moment Credit" is a Lithuanian non-bank consumer finance company known for offering short-term and installment loans to retail customers through an online platform. The brand "Moment Credit" has operated in Lithuania’s consumer credit market, which is supervised by the Bank of Lithuania, and focuses on fast, remote loan origination with digital customer onboarding and risk assessment.

Company Overview

Legal name: UAB "Moment Credit"
Country: Lithuania
Headquarters: Vilnius, Lithuania (commonly cited; exact registered office listed in Legal Information if publicly available)
Industry: Consumer finance (non-bank lending, fintech)
Founding date: Public sources indicate the brand operated in Lithuania since the early 2010s; a precise incorporation date could not be independently verified in open sources available up to 2024-10.
Status: Private limited liability company (uždaroji akcinė bendrovė, UAB)

Legal Information

Įmonės kodas (company code): Not publicly confirmed in accessible sources within this profile’s preparation. Verify via the Lithuanian Centre of Registers (Registrų centras) or Rekvizitai.lt.
PVM mokėtojo kodas (VAT code): Not publicly confirmed. Typically the format is LT + company’s VAT number if registered; verify via the State Tax Inspectorate (VMI) VAT payer registry.
Official website: momentcredit.lt (brand website reported for Lithuania)
Email address: Commonly reported brand contact format is info@momentcredit.lt; verify on the official website’s contact page.
Registered office address: Not publicly confirmed in the open sources accessed for this profile. Check the Centre of Registers or the company’s website/legal notices.
Phone number (registered office/customer support): Not publicly confirmed here; consult the official website for the current customer support line.

Note: Lithuanian legal entities’ verified registration data (company code, VAT code, registered address, phone) should be confirmed via official registries such as the Centre of Registers (Registrų centras) or the Bank of Lithuania’s supervised entities lists.

Business Operations

Main products/services:
- Short-term consumer loans ("moment loans")
- Longer-term installment loans (consumer credit with fixed monthly repayments)
- Online application, credit scoring, and remote identity verification
- Digital account management and early repayment options

Business model: UAB "Moment Credit" operates a non-bank lending model focused on online origination and servicing. Revenue is primarily derived from interest on loans and applicable fees compliant with Lithuanian consumer credit regulations. The company uses risk-based pricing within legally defined caps, conducts affordability assessments, and adheres to responsible lending rules mandated by the Bank of Lithuania.

Market position: The brand has competed in Lithuania’s fast-loan/consumer credit segment alongside large multinational and local non-bank lenders. Moment Credit’s value proposition historically emphasized quick decisioning, remote onboarding, and transparent terms, aiming to attract customers seeking small to medium-sized consumer loans without visiting a physical branch.

History

Founding and early development: Public media and market listings indicate the Moment Credit brand entered the Lithuanian consumer lending market in the late 2000s to early 2010s, aligning with the regional rise of digital non-bank consumer credit providers. Precise corporate incorporation milestones are not consistently available in open sources.

Key milestones:
- Launch of online lending operations in Lithuania, focusing on fast approval and digital processes.
- Adoption of regulatory changes implemented by the Bank of Lithuania, including interest caps, affordability rules, and enhanced disclosure standards.
- Platform updates to support improved identity verification and customer experience.

Major developments: The company’s operations reflect broader market trends: migration to digital channels, strengthening of compliance frameworks, and competition with multinational lenders. Any corporate restructurings, rebrandings, or ownership changes should be verified via official registries or company announcements, as these details were not conclusively identified in the accessible sources used for this profile.

Financial Information

Revenue: Not publicly disclosed in the open sources accessed. As a private company, UAB "Moment Credit" may file annual financial statements with the Centre of Registers; access may require registry queries or paid extracts.
Funding rounds: No publicly verified venture-style funding rounds identified; non-bank lenders in the region often use shareholder capital and debt facilities to fund loan portfolios.
Ownership structure: Private shareholding (UAB). Beneficial ownership and shareholder details are typically accessible via official registries; specific ownership information was not conclusively available in the sources accessed.

Leadership and Management

Key executives (vadovai): The names and positions of current executives could not be conclusively verified in accessible public sources for this profile. Typical roles would include a Chief Executive Officer (Generalinis direktorius), Chief Risk Officer, Head of Compliance, and Finance Director.
Board members: Not publicly confirmed in the sources accessed. Verify via the Centre of Registers or company disclosures.

Note: In Lithuania, official executive and board information is maintained in statutory registries and may also appear on the company’s website or in press releases. Please consult those sources for the most current and accurate names and titles.

Office Locations

Registered office: Exact address not confirmed in this profile; verify via official registry extract.
Regional/branch offices: Consumer credit brands in Lithuania typically operate primarily online and do not maintain extensive retail branch networks. Publicly listed branch addresses and direct phone numbers for physical offices were not identified in accessible sources.

Market Position and Competitors

Competitors: The Lithuanian non-bank consumer lending market includes brands such as Vivus.lt (4finance), SMScredit.lt (4finance), Credit24 (IPF Digital), FinBee (P2P lending), Savy (P2P lending), Paskolos.lt (various providers), and other local non-bank lenders.

Market share: Specific market share data for UAB "Moment Credit" was not available in accessible public sources. The market is competitive, with multinational players typically holding substantial shares.

Competitive advantages:
- Fully online onboarding and rapid credit decisions
- Focus on transparency and responsible lending in line with the Bank of Lithuania’s rules
- Continuous platform enhancements and customer-centric service features

Recent Developments

Recent developments in Lithuania’s consumer credit sector have centered on regulatory tightening, interest rate caps, stricter affordability assessments, and stronger disclosure and data protection requirements. UAB "Moment Credit" would be expected to comply with these changes. Specific company announcements such as partnerships, expansions, or product changes were not found in accessible sources used for this profile and should be checked on the company’s website or credible business news outlets.

Contact Information

Website: momentcredit.lt
Email: info@momentcredit.lt (to be verified on the official site’s contact page)
Customer support phone: Not publicly confirmed in the sources accessed; consult the website for the current number.
Registered office address: Not publicly confirmed here; verify via official registries.

Sources and References

- Bank of Lithuania (Lietuvos bankas): Supervision of consumer credit providers; public lists and regulatory guidance. Consult "lb.lt" for supervised entities and consumer credit rules.
- Centre of Registers (Registrų centras): Official corporate registry for Lithuania; company code, VAT status, registered address, executives, and financial statements accessible via registry extracts.
- Rekvizitai.lt: Business directory commonly used in Lithuania for basic company data (company code, VAT status, contacts), subject to verification against official registries.
- State Tax Inspectorate (VMI): VAT payer registry for verifying VAT code and status.
- Official website: momentcredit.lt (for products, terms, and contact details).
- Lithuanian business media (e.g., Verslo žinios, Delfi Verslas): Market context and regulatory developments affecting consumer credit providers.

Disclaimer: This profile compiles information from publicly accessible sources up to 2024-10. Where specific legal and contact details could not be conclusively verified in open sources during preparation, they are explicitly noted as such and should be confirmed via official registries or the company’s own disclosures.