FundingSecure
Curated by SignalFintech platform connecting borrowers and investors through asset-backed loans.
Overview
FundingSecure is a fintech platform that focuses on consumer asset-backed loans, allowing borrowers to use personal assets such as vehicles and real estate as collateral for secured financing. The platform employs AI and machine learning technologies to evaluate asset values and borrower creditworthiness, which aids in expediting loan approvals. FundingSecure facilitates connections between borrowers and investors, providing options for peer-to-peer lending and tax-efficient ISA programs. The company targets individual borrowers who require larger loan amounts and investors seeking high returns. However, it has faced recent administrative challenges that have resulted in the suspension of payments to investors, which has affected its operational stability.
Key facts
- Founded
- 2012
- Headquarters
- Theale, 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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- Phone
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