FairQuid
Curated by SignalFintech platform offering salary-linked loans and financial wellbeing services.
Overview
FairQuid operates in the fintech sector by providing employer salary-linked loans, which allow employees to access funds with repayments directly deducted from their salaries. This model aims to create a structured repayment process, potentially mitigating the risk of financial distress. The platform offers personalized financial education, automatic savings deductions, and access to support services, targeting employers interested in improving their employees' financial wellbeing and mental health. FairQuid collaborates with not-for-profit financial cooperatives to encourage responsible financial practices, assisting employees in managing debt and fostering savings habits, thereby addressing financial challenges that may affect mental health.
Key facts
- Founded
- 2014
- Headquarters
- London, United Kingdom
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Lending
Business model
- GTM channel
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Contact
- Primary office
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