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Credi featured on Startup Daily

Credi, the fintech platform that ‘formalises loans among family and friends to reduce friction’ was featured in this month’s stories of Startup Daily.

Startup Daily mentions the various lending fintech companies, then introduces Credi, the unique platform with a new approach to relationship lending. They further highlight Credi’s innovative idea of facilitating and managing the lending process, without ‘actually touching any loans or connecting borrowers to lenders’.

Startup Daily identifies at the start of a loan, between family and friends, it starts out with both parties having the best intentions. However, things can quickly turn sour as there is rarely clearly-stated terms or agreements. As a result, relationships become at risk and sometimes issues arise.

Tim Dean, CEO of Credi, perfectly states in the article, “We want to save relationships from the strain of financial dealings by turning informal agreements into credible, manageable and formal ones. We believe that by looking after reminders, calendaring and contracting on behalf of the lender and borrower we are removing the most fraught aspects of relationship loans.”

Credit: Gina Baldassare

Source: www.startupdaily.net

Tim K. Dean, Credi Founder | Commentator & Expert on Family Lending, Bank of Mum & Dad and Neo-Credit Scores is available for media interviews and appearances. More…

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Credi Pty Ltd is a Financial Technology business, not a marketplace lender. Our mission is to change the way we lend money. We want to empower people to help each other and take control of their financial relationships without creating friction and stress.

Credi is the World’s #1 loan management platform for private lenders.

  • Formalise your loan agreements online
  • eSignature functionality means no paperwork needed
  • Trusted by over 5,000 people worldwide
  • Takes minutes to setup
  • Track repayments online or through the Credi mobile track app
  • Option to secure your loan with borrower assets (PPSR registration, for Australian users only)

Better Loan Documentation
& Management

Sign up and become one of the thousands of people and business around the world using Credi to protect them selves with robust loan documentation and management today.

Better Loan Documentation
& Management

Sign up and become one of the thousands of people and business around the world using Credi to protect them selves with robust loan documentation and management today.