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NewMoney

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Consumer lending marketplace connecting borrowers with lenders for urgent loans.

Overview

NewMoney operates as a consumer lending marketplace in Slovakia, connecting borrowers with a network of lenders. The platform employs artificial intelligence and machine learning to align borrowers' financial needs with appropriate loan products, which include urgent loans and customized options. By aggregating offers from multiple lenders, NewMoney allows consumers to compare rates and terms, which may assist in making informed financial decisions. The platform is aimed at individuals who may encounter difficulties in obtaining loan approvals and offers an online application process designed to improve efficiency. NewMoney's stated mission is to provide urgent financial assistance while aiming for a high approval rate, addressing the immediate lending requirements of its users.

Key facts

Founded
2017
Headquarters
Samorin, Slovakia

Business model

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Members only

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About NewMoney

What does NewMoney do?

NewMoney operates as a consumer lending marketplace in Slovakia, connecting borrowers with a network of lenders.

Where is NewMoney headquartered?

NewMoney is headquartered in Samorin, Slovakia.

When was NewMoney founded?

NewMoney was founded in 2017.

Which sector is NewMoney in?

NewMoney operates in Digital Lending, part of Financial Technology.

Who are NewMoney's competitors?

Companies similar to NewMoney include KashWay, 33Money, and Monefy.