Founded in 2021, we are a full-cycle debt management company with headquarters in Singapore, currently operating in Indonesia and Vietnam

Our mission is to introduce responsible institutional collection practices to the consumer credit market in South-East Asia

12
customers

157
team
members

Type Number of Debts* Total Debt amount, $
MFI 428 578 85 336 866
Bank 46 592 54 755 075
*As of August, 2022
  • Vietnam
  • Singapore
  • Indonesia
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Our approach

Longan was built to revolutionize debt collection with fair treatment of consumers

  • Personalization

    Personalization

    • Every client is different. We believe that only understanding our client’s unique circumstances enables achievement of optimal outcomes

  • Digitalization

    Digitalization

    • Our processes are heavily skewed towards digital interface with our clients. Clients can talk to us on their terms, when and where it’s convenient for them

  • Ethical practices

    Ethical practices

    • Ethics and compliance underpin everything that we do
    • All our staff sign up to the Code of Conduct

  • Tech-enabled practices

    Tech-enabled practices

    • We develop in-house credit and collections software optimized for all stages of the delinquency cycle

Our industry

South and South-East Asia have experienced a rapid growth in lending, both consumer and corporate, over the last 15 years. Home to some of the largest financial institutions in the world, there is an obvious void in place of professional receivable management companies. We are here to fix this problem

Our industry
  • The rapid increase in debt has created a strain on bank balance sheets across the region
  • The problem of indebtedness and growing NPLs is here to stay and expand due to the demographic prerequisites of India and the ASEAN region with a young and growing 2 bn population
  • Progress in financial inclusion has resulted in higher levels of household debt over the last years
  • NPL rates have grown in the region and now need careful management to avoid wider societal impact
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Tam (1)

(1)TAM (Total addressable market) — Total consumer NPL outstanding balance in each country estimated based on publicly available data from corresponding central banks, industry reports and Longan analysis

Management

Credit management industry experts in Longan team

Founders with 10-year successful traction of building fintech businesses

  • Boris Batin

    Boris Batin, PhD

    CO-FOUNDER,
    Board Member

    15+ years of experience

  • Alexander Dunaev

    Alexander Dunaev, CFA

    CO-FOUNDER,
    Board Member

    15+ years of experience

  • Giovani Clemente

    Giovani Clemente

    Country manager, Longan Indonesia

    Joining IN Aug`22

    15+ years of experience

  • Vladislav Koshelev

    Vladislav Koshelev

    CEO, Longan VIETNAM

    Joining IN Aug`22

    15+ years of experience

  • Thang Vu

    Thang Vu

    Head of Collection, Longan Vietnam

    10+ years of experience