Company Research Report: Cofidis S.A.

Company Overview

• Name: Cofidis S.A.

• Mission: Imagining and building unique experiences to bridge the future with the present to enhance the lives of clients, partners, and collaborators today and tomorrow.

• Founded: 1982

• Founder: Founded as a financial company specializing in distance provision of its services.

• Key People:

• Alessandro Borzacca - Director General

• Elena Aureli - Director of Human Resources

• Luca Giacoma-Caire - Director of Marketing and Client Relations

• Luca Giambartolomei - Director of Partnerships

• Roberto Lucchini - Director of Finance

• Filipe Fernandes - Director of Organization & SI

• Andrea Zabeo - Director of Risk

• Headquarters: Via G. Antonio Amadeo, 59, 20134, Milan, Italy

• Number of Employees: Over 350 employees in Italy; part of the group present in 9 countries across Europe.

• Revenue: No information is available

• Known For: Cofidis is renowned as a leading credit expert offering simple, innovative credit solutions with customer satisfaction at its core, serving over 30 million clients across 9 countries in Europe.

Products

Prestito Personale (Personal Loan)

• Description: Personal loans facilitate clients to actualize personal projects such as home renovation, travel, or hobbies. The process is streamlined, fast, and fully online.

• Key Features:

• Offers up to €30,000, repayable in up to 84 months.

• Immediate pre-assessment upon application.

• Decision within 24 hours with funds transferred within another 48 hours if approved.

• Zero initial fees and digital signing.

CreditLine

• Description: A revolving credit line program for purchases on Amazon.it.

• Key Features:

• Credit Line from €100 to €3,000.

• Up to 24-month installment options.

• Reusable for subsequent purchases.

PagoDIL

• Description: Payment service allowing installment payments without costs or interest.

• Key Features:

• Real-time transaction approval.

• No payroll slips or income statements required.

• Available online and in partnered physical stores.

PagoCREDIT

• Description: A revolving credit line for purchases within a partnered retailer network.

• Key Features:

• Credit limit of up to €3,000.

• Instant approval process.

• Zero management fees and costs only apply when utilized.

Power Credit

• Description: A rechargeable credit line offering continuous access to funds.

• Key Features:

• Credit limit of up to €2,000.

• Monthly fixed repayment of €60.

• Fully digital service with instant approval.

Recent Developments

• Recent Initiatives:

• Cofidis Life: Emphasizes on employee wellbeing, offering fresh fruit weekly, sports facilities, and a shuttle service.

• Corporate Social Responsibility: Continuous contributions toward environmental and social causes, including the "Like My Planet" initiative focusing on ecological sustainability.

• Team Cofidis: In 2023, achieved multiple wins in prestigious cycling tournaments, supporting both male and female cycling teams and a para-cycling team.

• New Products or Features:

• New partnership with Mobel as the racing clothing provider in 2023.

• Inclusion of 16-year-old Louis Hubert into the para-cycling team.

• Partnerships:

• Supported major initiatives in sports, such as the Pigiama Run in the field of pediatric oncology in partnership with LILT.

This detailed markdown-structured report compiles significant aspects of Cofidis S.A.'s operational and strategic engagements, based solely on the information available.