Drafty
Curated by SignalFintech platform offering personal credit lines for individuals with bad credit.
Overview
Drafty operates in the fintech sector by offering personal credit lines aimed at individuals with poor credit histories. The platform includes various loan options such as short-term loans, same-day loans, 12-month loans, and pay-monthly loans, enabling users to borrow up to a specified limit and incur interest only on the amount drawn. Drafty targets consumers who may find it difficult to obtain traditional loans and utilizes artificial intelligence (AI) and machine learning (ML) to facilitate quick approval processes and immediate access to funds. The company does not impose late fees or early repayment penalties, which contributes to a transparent borrowing structure, positioning itself as an alternative to payday loans.
Key facts
- Founded
- 2016
- Headquarters
- London, United Kingdom
- 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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Contact
- Primary office
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- Phone
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