The company is one of the biggest online retailers for fashion and lifestyle in the world and the second biggest online retailer with the end consumer (B2C). Providing jobs for more than 5000 people throughout Germany and with over 11.5 million customers, the company had revenues of more than 5 billion Euros in 2021/22.
The organization was looking to expand its business model from a focused retail business model to a combined marketplace and retail business model (also called “hybrid platform”) in order to unlock further growth potential. It was, thus, transforming its portal to a marketplace allowing third party retailers reselling on this portal. The organization selected Intellect’s IDC for the complete digitalization of their credit business.
By leveraging Intellect’s state-of-the-art platform which is powered by a MACH architecture, the company is now able to provide a wide range of credit solutions to its customers – from simple financing arrangements to large volumes of retail customers including dunning, re-financing and factoring arrangements. The system is processing 8.8 Million active loans at any point in time with a peak volume of 625,286 loans booked and 6.56 Million events emitted in a day.