Founded with the mission to bridge the gap of immediate fund access for individuals with limited access to formal credit, Social Lender leverages social reputation on mobile, online, and social community platforms. The company offers a unique micro-finance solution that uses a proprietary algorithm to perform social audits of users' online and social media activities, assigning a Social Reputation Score. This score enables users to access micro-credit guaranteed by their social profiles and networks, targeting underserved markets.
Notable affiliated individuals and investors include key figures in fintech and micro-finance sectors, although specific names are not disclosed. Social Lender has achieved significant milestones, serving over 100,000 users and providing a reliable alternative to traditional credit systems. The company's impact is evident in its ability to democratize access to credit, fostering financial inclusion and empowering individuals through innovative use of social data.
