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Fintern, an open banking consumer lender, launches

Monday 8 March 2021 14:02 CET | News

Fintern, a UK-based consumer lender, has launched to provide loans of up to EUR 5,825 using open banking functionality to customers excluded by banks.

Fintern, which received its FCA authorisation as a regulated consumer credit lender in February 2021, uses high-frequency transaction data.

The company says 20,000 people have pre-registered to apply for its loans and that it aims to serve half a million consumers in the UK by 2025.  


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Keywords: Open Banking, FCA
Categories: Banking & Fintech
Companies:
Countries: United Kingdom
This article is part of category

Banking & Fintech






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