Financial inclusion for all individuals

Stanimir Vassilev, a distinguished Co-founder and Board Chairman of the Management Financial Group (MFG), also proudly co-founded Access Finance AD. An alumnus of INSEAD with an MBA, his academic journey began with electronic engineering at the Technical University of Sofia, followed by finance at the University of National and World Economy.

Mr Vassilev has been an influential force in financial services and fintech for over a quarter-century. In collaboration with Nedelcho Spasov, the duo established Easy Asset Management AD (One of South-Eastern Europe's largest non-bank financial institutions) in 2005 and held a significant stake in MFG. Serving on the Board of Access Finance AD, Stanimir Vassilev's leadership is anchored in his dedication to broad financial accessibility, underscored by humanity, innovation, and responsibility principles.

His Primary Duties:

1. Direct and synchronise comprehensive financial planning, active in budgetary and cash flow determinations.
2. Strategically oversee the company's financial operations, prioritising the protection and efficient allocation of organisational assets.
3. Champion and supervise local and international organisational, structural, and operational evolutions.
4. Maintain and advocate for superior corporate governance and ethical standards, ensuring alignment with industry best practices to protect the company's assets and reputation.
5. Formulate and implement annual business goals aligned with the company's overarching strategy and fiscal position while consistently engaging in Board of Directors discussions.

Nedelcho Spasov, a proud Co-founder of Access Finance AD, Member of the Board of Access Finance AD and seasoned entrepreneur, boasts over 16 years of financial services and technology expertise. He holds a Master's degree in economics and industrial management from the University of National and World Economy, complemented by an MBA from INSEAD.

Primary Duties:

1. Strategically oversee the company's financial operations, ensuring its assets' safeguarding and optimal management.
2. Formulate annual business objectives in alignment with the company's strategic vision and fiscal health, actively managing business activities in the company's best interests and consistently engaging in Board of Directors discussions.
3. Supervise the realisation of financial objectives in line with company policies and projects, domestically and internationally.
4. Lead financial planning and budgeting activities, actively participating in budgetary and cash flow decisions.
5. Stay abreast of the business, economic, and market landscapes, researching potential future ventures and market opportunities.
6. Champion organisational transformations, supervising changes in structure, operations, and activities in Bulgaria and abroad.

With Stanimir Vassilev, Nedelcho Spasov is a crucial stakeholder and leader of the Management Board of MFG. Their joint venture, Easy Asset Management AD (One of South-Eastern Europe's largest non-bank financial institutions), established in 2005, is a testament to their entrepreneurial spirit. With a 16-year track record of building financial entities and investing in fintech startups, their leadership is anchored in the belief in universal financial access. They champion the idea that financial services should be as accessible as education or healthcare, with humanity, innovation, and responsibility being the pillars of their corporate ethos.

Tsvetan Krastev, a visionary leader with over 15 years of expertise in consumer lending and payment services, has been Co-founder, shareholder and CEO of Access Finance AD since 2013. He is also a founding member of Easy Payment Services Ltd. (Credit card issuer – a principal member of Mastercard) and holds significant roles on the Management Board of the MFG. His academic credentials include a Master's Degree in Economics from the University of National and World Economy. As a Board Member of Access Finance AD, he provides strategic direction and oversight, ensuring company growth and success.

Mr Krastev's leadership has successfully launched and expanded Access Finance's credit card and other lending products across European markets such as Bulgaria, Poland, Romania, North Macedonia, and Spain. His tenure as CEO is marked by a dedication to R&D in financial products, business development, and international growth.

Before becoming CEO of Access Finance AD, Tsvetan served as the Chief Operations Officer at Easy Asset Management AD (Easy Credit). His expertise is further highlighted by establishing several successful consumer lending and payment services entities, including AXI Finance IFN S.A. (Romania), Easy Payment Services Ltd (Bulgaria), and Easy Payment Services sp. z o.o. (Poland), and Access Finance SL (Spain).

Mr Krastev's journey with the MFG began at Easy Asset Management AD (Easy Credit). in 2007 as a credit inspector. His initial short-term role transformed when he introduced a novel product idea, leading to his rise as the COO of Easy Credit. By 2013, in collaboration with a colleague, he pioneered the development of White Card with Access Finance AD, a startup that began in a modest office space.

Tsvetan’s core strengths encompass product development, business set-up, portfolio management, and strategic planning. As a visionary leader, his responsibilities transcend daily operations. He is fervently dedicated to broadening financial accessibility, fostering innovation in fintech, and ensuring that Access Finance AD and its associated ventures remain industry leaders. His transition from a credit inspector to a CEO and Board Member is a testament to his dedication, leadership prowess, and capability to metamorphose ideas into thriving ventures.

With a prosperous career of over 25 years, Ivan Arnaudov stands out as a leading figure in the digital marketing landscape, championing data-driven strategies.

Ivan's professional journey has touched various sectors, from IT and BPO to Finance and Telecom, working with top global brands. This diverse experience has enriched his insights and equipped him with a versatile approach to challenges. His extensive experience covers digital marketing, sales, and business development, focusing on marketing automation and organic growth.

Ivan's academic credentials are both diverse and impressive. Ivan studied Economic Law at the University of Applied Sciences Mainz (Germany) and delved into Finance at the Goethe University Frankfurt am Main (Germany) and St. Cyril and St. Methodius University of Veliko Tarnovo (Bulgaria).

In 2013, Ivan joined Access Finance AD, taking on shareholder and Marketing & Sales Director role. Under his leadership, the company has witnessed significant growth, marking its presence in European markets such as Bulgaria, Poland, Romania, North Macedonia, and Spain.

As the Chief Strategy Officer at Access Finance AD, Ivan is at the forefront of the company's global expansion. He spearheads strategic digital marketing and sales initiatives, oversees the MarTech and IT domains, and is instrumental in launching new business ventures and innovative products. His position on the Board further underscores his pivotal role in shaping the company's future trajectory.

Velko Kamenov is the Director of Credit Risk and Data Science and an Access Finance AD Board Member. His academic foundation is robust, with a Bachelor’s degree in International Economic Relations from the University of National and World Economy, a Master's Degree in Big Data Modelling in Economics and Finance from Sofia University St. Kliment Ohridski, and a Professional Certificate in Data Science from HarvardX.

Mr Kamenov's association with the MFG began in 2017, initially joining the Credit Risk and Revenue Optimization Directorate as a Junior Data Scientist. His ascent within the group has been notable, transitioning through various roles and, by 2020, taking on the mantle of Team Lead of Data Science teams. As of 2022, he holds the esteemed position of Head of the Credit Risk and Data Science Directorate at Access Finance AD, overseeing developing and managing cutting-edge Machine Learning Systems for credit risk management.

Throughout his tenure, Velko has been instrumental in managing the design, development, deployment, and monitoring of state-of-the-art machine learning and artificial intelligence-based client assessment systems. His expertise is further enriched by various Machine Learning certifications from Stanford University and the Software University in Bulgaria.

Mr Kamenov's strengths lie in building and leading efficient data science teams, developing advanced Machine Learning Systems, and optimising processes for business profit maximisation. His responsibilities encompass predictive modelling, report automation, statistical data analysis, credit risk modelling, and business analysis. His commitment to leveraging data science for business growth and risk management positions him as a critical figure in the evolving landscape of fintech and credit risk management.

Boryana has extensive experience in corporate finance and financial advisory. Her career path starts at Postbank and continues at UniCredit, where she works in equity research and corporate finance advisory. She has a bachelor's degree in Business administration and a Master's in Finance and Banking. Boryana has been a CFA charter holder since 2011.

Boryana, the CFO of Access Finance AD, is responsible for the company's financial reporting, planning and analysis, liquidity and funding. Before joining Access Finance, she worked as a deputy CFO of its parent company for a year and a half. She has extensive experience in corporate finance and financial advisory. 

Dimiter joined Access Finance in 2015 as Head of International Operations and directly oversaw the successful rollout of the company’s flagship unsecured non-prime credit card product in three European markets – Spain, Poland and Romania. Currently he manages the project for start of operations in the USA and in Mexico. Dimiter is member of the boards of directors of the subsidiaries in Bulgaria, Spain, Poland and Romania. He also held the CEO roles in Poland and Spain in the initial years of operations.

Dimiter was also CEO of MCash Macedonia from 2016 to 2018, the time when the company became the first online lender in the country and one of the most profitable entities within MFG.

Prior to joining Access Finance, Dimiter held management roles at different organizations, including the headquarters of one of world’s largest private companies, Lidl (Schwarz Group), and a Vienna-based management consultancy.

He is CFA charterholder since 2006 and holds a Masters Degree in Business Administration from Sofia University. Dimiter is fluent in Bulgarian, English, German, Russian and Spanish.