123 Lending
Curated by SignalConsumer loan comparison platform connecting borrowers with lenders efficiently.
Overview
123 Lending functions as a consumer loan comparison platform that connects individual borrowers with appropriate loan products. The platform employs artificial intelligence and data analytics to assess personal financial information and credit criteria, thereby presenting customized loan options. It aggregates offers from a network of lenders, allowing users to compare interest rates, terms, and conditions. The service aims to simplify the search for personal financing, which includes payday loans and cash advances, and seeks to accelerate the decision-making process for users. For lenders, 123 Lending aims to generate qualified leads and improve the distribution of consumer loans, potentially increasing overall lending efficiency.
Key facts
- Founded
- 2018
- Headquarters
- Fort Lee, United States
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Lending
Business model
- GTM channel
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- 2 products and services
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- Commercial model
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