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Moola

Curated by Signal

Direct lender offering fast payday loans with same-day payouts.

Overview

Moola functions as a direct lender that specializes in payday loans, providing immediate financial solutions for individuals in need of short-term cash advances. The platform includes a digital application process designed to enable quick decision-making and rapid fund disbursement, typically within the same day. Moola assesses applicants' income and employment information to tailor loan amounts and repayment schedules according to borrowers' financial circumstances. This service is aimed at individuals facing unexpected expenses between paychecks. Moola utilizes technology to facilitate risk assessment and streamline the borrowing process, addressing urgent financial needs while also promoting responsible borrowing practices.

Key facts

Founded
2012

Business model

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About Moola

What does Moola do?

Moola functions as a direct lender that specializes in payday loans, providing immediate financial solutions for individuals in need of short-term cash advances.

Where is Moola headquartered?

Moola is headquartered in Christchurch, New Zealand.

When was Moola founded?

Moola was founded in 2012.

Which sector is Moola in?

Moola operates in Digital Lending, part of Financial Technology.

Who are Moola's competitors?

Companies similar to Moola include Moneyboat, My Canada Payday, and GoDay.