Fagura

Fagura was launched in 2019 in Moldova with the idea of helping borrowers overcome bureaucratic burdens and financial limitations when accessing a loan. The company created a platform to connect those borrowers with investors who were seeking better returns than those obtained from bank deposits. It deployed a proprietary credit scoring algorithm to facilitate the smooth flow of capital.

Today Fagura is a community of individuals and SMEs who borrow from and lend to each other. An ecosystem for alternative funding and investments where peers trust each other and grow together.

To further facilitate financial inclusion, our clients need to be able to send and receive money in real-time. They need to be able to spend and transfer cash as they please.

Fagura is therefore willing to expand its crowd lending operations to add transfers and payments. All of these in a single application. A true community digital bank for members to be able to borrow, invest and spend money instantly.

Monetisation strategy
The main crowdfunding revenue streams today:

3% of the borrowed amount is charged at origination of the loan (borrowers receive their loan minus the retained commission);

2% is the amount paid by investors for having their investment serviced (investors get a capital repayment on each of their investment minus the retained commission);

1% is the fee paid by investors when selling their investments on the secondary market

A breakdown of the Community Digital Bank revenue streams (from mid 2023) and their respective shares of the total segment revenue*:

- fees for European and cross border transfers (35%)

- fees for Euro and non-Euro payments (30%);

- fees for cash withdrawals in both Euro and non-Euro countries (30%);

- subscriptions (5%).

*The weights assigned to each business segment are forecasted for the first year of activity. They will change thereafter and reflect the geographical expansion and customer breakdown at Fagura.







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The first crowd lending company in Moldova, Over €2 million worth of loans intermediated on our platform, Partnered with UNDP, FTA (USAID, Sweden), EFSE & EBRD, Talking to banking partners to launch virtual cards and transfers