Kredd is a crowdlending company aiming to challenge existing financial markets characterized by unhealthy competition, high prices, and lack of innovation. Through their user-friendly platform, Kredd connects borrowers and lenders – without costly intermediaries.
Kredd is targeting the market for unsecured debt as a starting point. Despite an explosion in the number of providers of consumer loans, there is an absence of effective price competition. Kredd offers an efficient and open marketplace that connects lenders and borrowers – without expensive intermediaries. Lenders are offered good returns on their savings, and more importantly: Borrowers get access to unsecured loans at a significantly lower interest rate.
Kredd has developed a proprietary fully digital loan application process that utilize available and verified data sources to populate loan applications, thus mitigating credit risk as well as reducing manual processes.
Apart from a solid technical platform, the core team of Kredd has the relevant background and has since the company was conceived in 2016 proven an impressive track record in executing on their vision in addition to an already extensive experience from the financial services industry..
Kredd has a license as a payment company and is registered as a loan intermediary with the Norwegian Financial Supervisory Authority. You can find us in the licensing register of Finanstilsynet. Kredd is also one of the first Fintech companies to become a member of Finans Norge, thus being in the forefront of shaping a sustainable regulatory environment for crowdlending.
PNGR is a solution aiming to provide a total overview of your personal financial situation. PNGR collects the market value of your assets, as well as outstanding debt, and estimated income through standardized APIs, providing an automated generation of your personal balance sheet.
The platform will evolve based on user feedback, and additional functionality will be added continuously with simplicity and ease of use as a guiding principle.
The service will in addition to providing an overview for consumers, provide the possibility to offer financial advice and suggested options to improve the user’s financial balance. PNGR will utilize an underlying platform that enables the aggregation of financial data from a wide array of data sources.
Through an automated collection of data from verified sources, PNGR will disrupt the market for financial agents, with a strong prognosis towards becoming cash positive within one year from launch.
In addition to the talented entrepreneur, CEO, and currently the only full-time employee, PNGR has rallied an extended team of seasoned serial entrepreneurs in board and advisory board positions to further strengthen the company with complementary expertise and experience.