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Union

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Fintech platform enabling permissionless personal credit lines onchain.

Overview

Union operates in the fintech sector by offering personal credit lines that provide consumers with flexible financing options. The platform employs artificial intelligence and machine learning to evaluate applicants' financial data, which allows for rapid approval and immediate access to funds. Union's mission is to facilitate permissionless access to credit on-chain through its protocol and decentralized autonomous organization (DAO) based on a web of trust. The company targets consumers who are looking for adaptable financial solutions and aims to address the challenge of accessing credit without traditional barriers. Its competitive advantages include a distinctive underwriting process that relies on vouches from trusted contacts, as well as programmability and scalability through layer-2 rollups.

Key facts

Founded
2019

Business model

Contact

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About Union

What does Union do?

Union operates in the fintech sector by offering personal credit lines that provide consumers with flexible financing options.

Where is Union headquartered?

Union is headquartered in Edinburgh, United Kingdom.

When was Union founded?

Union was founded in 2019.

Which sector is Union in?

Union operates in Digital Lending, part of Financial Technology.

Who are Union's competitors?

Companies similar to Union include EQL, Rufilo, and Vaale.