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SMScredit

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Consumer lending marketplace connecting borrowers with lenders for loans.

Overview

SMScredit functions as a consumer lending marketplace in Latvia, linking borrowers with a network of lenders to provide access to short-term loans and payday loans. The company employs artificial intelligence and machine learning to align borrowers' financial requirements with appropriate loan products, facilitating the comparison of rates and terms. SMScredit aims to address urgent financial needs by offering rapid loan solutions that range from small amounts to larger sums, accompanied by flexible repayment options. The platform is designed for individuals seeking immediate financial assistance and allows for loan applications through online and phone channels, which may enhance efficiency for both borrowers and lenders in the marketplace.

Key facts

Headquarters
Riga, Latvia

Business model

More on Vanberra Signal

Members only

Competitors & similar companies

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About SMScredit

What does SMScredit do?

SMScredit functions as a consumer lending marketplace in Latvia, linking borrowers with a network of lenders to provide access to short-term loans and payday loans.

Where is SMScredit headquartered?

SMScredit is headquartered in Riga, Latvia.

Which sector is SMScredit in?

SMScredit operates in Digital Lending, part of Financial Technology.

Who are SMScredit's competitors?

Companies similar to SMScredit include Zaimo, NCR Loans, and 33Money.