Poollend
Company

Poollend

Financial Services Cape Town, Western Cape, Za 6 employees
Employees
6

Poollend Overview

Headquarters
Cape Town, Western Cape, Za
Industry
Financial Services
Employees
6
Founded
2019
Funding
,
NAICS
Finance and Insurance
Monetary Authorities-Central Bank

About Poollend

We are a budding startup in the micro-lending industry, and we are here to revolutionise the lending landscape for small to medium enterprises (SMEs) and empower underserved businesses in South Africa. We use technology to provide businesses with affordable, simple and fair credit. Poollend’s credit scoring algorithm rewards borrowers who have a good credit history with lower rates. We employ data and machine learning techniques to gain in depth understanding of small businesses’ trading cycles and minimise our portfolio-risk. This ensures fast access to credit at affordable rates.

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