Poollend
Financial Services
Cape Town, Western Cape, Za
6 employees
- Employees
- 6
Poollend Overview
- Headquarters
- Cape Town, Western Cape, Za
- Website
- www.poollend.com
- Industry
- Financial Services
- Employees
- 6
- Founded
- 2019
- Funding
- ,
- NAICS
-
Finance and InsuranceMonetary 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.