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cashpresso

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Consumer direct lender offering flexible, interest-free payment solutions.

Overview

Cashpresso operates as a consumer direct lender, offering personal financing options directly to individuals while bypassing traditional banking intermediaries. The company utilizes artificial intelligence and machine learning to evaluate applicants' financial data, which facilitates rapid loan approvals. Cashpresso provides a range of products, including personal loans, installment loans, and lines of credit, aimed at financing furniture, electronics, and student expenses. The company allows customers to benefit from an interest-free period for the first 60 days and offers adjustable repayment rates. An online application process and a mobile app for account management are available to users seeking immediate financial support.

Key facts

Founded
2015
Headquarters
Munich, Germany

Business model

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About cashpresso

What does cashpresso do?

Cashpresso operates as a consumer direct lender, offering personal financing options directly to individuals while bypassing traditional banking intermediaries.

Where is cashpresso headquartered?

cashpresso is headquartered in Munich, Germany.

When was cashpresso founded?

cashpresso was founded in 2015.

Which sector is cashpresso in?

cashpresso operates in Digital Lending, part of Financial Technology.

Who are cashpresso's competitors?

Companies similar to cashpresso include Credivalores, Fido Money Lending, and Credit Culture.