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RFi Group: The Australian Fintech targeting informal lending – Credi

Australian fintech targeting informal lending

RFi Group writes of the new Australian fintech company targeting informal lending. Have you heard of them? It’s Credi!

RFi Group goes onto further highlight how Credi’s platform and how we help Australians who end and borrow from family and friends formalise their agreement and help facilitate the process all in one place.

Credi now has $28 million dollars of loans on the platform, double the number released in July. Credi hopes to “save relationships from the ‘strain of financial dealings’ by turning these informal loan agreements into ones that are credible and manageable”, as said by CEO, Tim Dean.

RFi Group further sums up their article by highlighting some very interesting lending data gathered in March 2017, informing readers of the potential for Credi.

Credit: RFi Group

Source: www.rfigroup.com

 

 

 

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