The license enables MFI Flex Credit to engage in microcredit activities under the Montenegrin Law on Financial Leasing, Factoring, Purchase of Receivables, Microcrediting, and Credit-Guarantee Operations.
The regulatory approval process included the preparation of extensive documentation and coordination with the relevant regulatory authority. JPM Partners provided comprehensive legal support throughout all phases of the licensing procedure.
MFI Flex Credit is part of MV Finance Group, which operates with more than 380 offices in 7 countries.
The team was led by Partner Alma Đinđinović Karađuzović and Associate Dajana Drljević from JPM Podgorica office, who advised the client on all legal aspects of the transaction.
This engagement further demonstrates JPM Partners’ expertise in financial regulatory matters and its strong track record in supporting clients across the financial services sector in Montenegro.