- The Younited portfolio caters now to fashionable households in Germany via OneFor, a European consumer digital cash app.
- Consumer loans of €1,000 to 50,000€ with the compensation interval of up to 84 months can be found for the shoppers in Germany by way of the OneFor app.
- Fully digital and quick mortgage utility course of thanks to a seamless interface between OneFor and Younited.
MUNICH, Oct. 17, 2022 /PRNewswire/ — Younited, the consumer credit score platform with a European banking license that has been established since 2008, and OneFor, have joined forces and established an unique partnership providing on the spot private loans for personal people. OneFor, established 2020, is an modern consumer digital finance and cash app providing a broad vary of companies, together with borderless household accounts with a number of related debit playing cards, powered by Mastercard International.
The goal of this unique partnership is to leverage synergies within the business-to-business space constructing on the events’ choices. On the one hand, that is achieved through the use of the direct buyer attain of OneFor and alternatively, with the seamless buyer journey to the Younited surroundings with the mortgage provides.
With this cooperation, OneFor is taking one other step in the direction of increasing its product portfolio with the goal to allow its clients to apply for an on the spot mortgage from Younited simply and transparently utilizing the specifically created digital utility course of. The Younited mortgage quantity ranges from €1,000 up to 50,000€ with fastened rates of interest and the compensation interval of 6 to 84 months.
In the extremely fragmented business-to-consumer surroundings, the unique partnership between Younited and Onefor provides shoppers a lot simpler entry by way of OneFor app to Younited’s easy and clear loans, together with quick approval course of and cost disbursement.
Michael Herrschlein, CEO of Younited Germany, explains: “Today more than ever the families are always focused on managing their financial requirements and sometimes faced with challenges. Be it the purchase or financing of a property, a car or necessary household appliances, through to the education of children at home and abroad. The current economic environment has made the situation even more challenging. This is precisely why we see the partnership with OneFor as an extremely useful addition.”
In addition, Ilir Aliu, Managing Director of OneFor, confirms: “As a fully digital financial service provider, OneFor is committed to offering its customers with value adding services that actually solve a problem and make their daily life easier. This launch of installment loan offering in cooperation with Younited is a great example of using technology and collaboration to offer true value add. In addition to the account and transfer services, our customers, initially in Germany, can apply for a personal loan of up to EUR 50,000 directly via the OneFor app and benefit from the fully digital application process and the fast loan decision.”
About Younited
The Younited SA is among the main on the spot credit score suppliers in Europe. Constant innovation, cutting-edge expertise and distinctive person expertise have allowed practically one million clients to have entry to a quick, easy, clear and 100% digital credit score from €1,000 to €50,000 and mortgage phrases of up to 84 months. With workplaces in France, Germany, Italy, Spain and Portugal, Younited generates greater than 2 billion euros in yearly GMV, with practically 50% of its business exterior France, the place it was based. In 2021, the corporate acquired the EU Fintech Award. The firm has launched the method to turn out to be an authorized B-Corp.
More data: https://www.younited-group.com
About OneFor
Germany-based OneFor Holding GmbH is an modern fintech firm that gives numerous digital monetary and cash purposes and technical companies, together with account, cost, buying and selling, loans and card companies. It enjoys a partnership with Mastercard International that’s supporting its card providing. OneFor permits a borderless household account, turning single transactions into moments of connection, creating shared experiences and growing monetary inclusion that fuels financial improvement. As a pan-European start-up, OneFor has groups in the Netherlands, Germany, Switzerland and a number of nations in Southeastern Europe.
For extra data, please go to https://www.onefor.com
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