Better rates for everyone
Lend operates a crowdlending platform that enables borrowers to obtain loans at favorable rates and lenders to direct their own loan investment opportunities. Lenders have access to all risk-relevant information from prospective borrowers and can allocate funding across different projects with different risk profiles and maturities.Credit projects are protected by Helvetia insurance against unemployment, disability, and death while the company conducts an underwriting process for borrowers.
As a public company, the neobank would have the capital support to keep growing quickly. It would also have to rein in costs and show …
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