FINLOK
Finlok is a peer to peer financial platform that helps users save and access credit within their social networks/communities. The platform is based on the concept of moneypools/ROSCAs and has digitised the entire experience on the back of mobile and payments technologies. We are targeting the underserved (earning 8-25k pm) in building a risk profile based on their payment/repayment behaviour, group behaviour and dynamic in addition to other parameters. The intention is to use this rating in offe... ring other financial services such as credit, insurance and investments; we have begun executing on that through a short term credit product (similar to a salary advance/pay day loan) linked to group behaviour. Â The concept of using savings as security and credit worthiness for lending is the same as that in corporate loans with Debt Service Ratio (DSR); our aim is to use this for retail lending especially for users that are thin/no file customers.
FINLOK
Industry:
Financial Services FinTech Lending
Founded:
2017-01-01
Address:
Pune, Maharashtra, India
Country:
India
Website Url:
http://www.finlok.com
Total Employee:
1+
Status:
Active
Contact:
+917083001625
Email Addresses:
[email protected]
Technology used in webpage:
Viewport Meta IPhone / Mobile Compatible Google Maps GoDaddy DNS Google Google Cloud OpenResty Google Adsense Google Cloud Global Multi-Region AdBlock Acceptable Ads
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http://www.finlok.com
- Host name: a904c694c05102f30.awsglobalaccelerator.com
- IP address: 13.248.169.48
- Location: Seattle United States
- Latitude: 47.6348
- Longitude: -122.3451
- Metro Code: 819
- Timezone: America/Los_Angeles
- Postal: 98109
