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Share My Loan

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P2P lending platform connecting borrowers with individual lenders in UK.

Overview

Share My Loan functions as a peer-to-peer lending marketplace in the UK, connecting individual borrowers directly with lenders. The platform is designed for borrowers who may not meet the criteria for loans from conventional financial institutions, and it offers joint loans that enable multiple lenders to provide funds to a single borrower. Share My Loan utilizes algorithms and data analytics to evaluate borrower creditworthiness and align them with investors looking for potential returns. This approach aims to improve access to consumer finance by offering competitive interest rates and flexible terms for borrowers, while also allowing investors to diversify their portfolios through consumer lending.

Key facts

Founded
2021

Business model

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About Share My Loan

What does Share My Loan do?

Share My Loan functions as a peer-to-peer lending marketplace in the UK, connecting individual borrowers directly with lenders.

Where is Share My Loan headquartered?

Share My Loan is headquartered in London, United Kingdom.

When was Share My Loan founded?

Share My Loan was founded in 2021.

Which sector is Share My Loan in?

Share My Loan operates in Digital Lending, part of Financial Technology.

Who are Share My Loan's competitors?

Companies similar to Share My Loan include ShareRate, WeFinance, and Iuvo.