SympliFi - Credit & Transfers
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About this app
Use SympliFi to send money and/or arrange guaranteed, affordable on-demand credit for loved ones in Africa.
💁 HOW IT WORKS
1. Install the app & set the borrower’s credit limit, acting as their guarantor.
2. Add the required refundable deposit to your SympliFi wallet to secure the credit. It stays in your wallet and earns you up to 5% cash reward.
3️. Your loved one in Africa gets instant access to credit from our local bank partner, anytime they need cash.
4. When the borrower repays their credit, your deposit is released back to you.
👨👩👧👦 HOW TO HELP LOVED ONES - THE SMART WAY
Fast affordable loans for them - Cash rewards for you.
Using the SympliFi app to guarantee on-demand credit for loved ones is the new way to empower friends and family to achieve their goals and become financially independent.
With your help, loved ones can now get guaranteed access to low-interest loans on demand from our bank partners to fund business activities and life needs. As they repay loans, their credit history builds and they’ll be able to borrow more on their own in the future. Their credit and its repayment has no impact whatsoever on your own credit score.
SympliFi puts the choice in your hands. Instead of simply paying fees to send money to loved ones, you can now earn money for yourself by helping them access low-cost credit from our bank partners in Africa.
–
LEARN MORE
symplifi.co
GET HELP
support@symplifi.co
FOLLOW SYMPLIFI
Facebook / Instagram / Twitter: @symplifing
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Loan terms offered by our bank partners in Senegal
Loan amounts range between 50,000 fcfa to 500,000 fcfa with repayment periods from 6 to 12 months at monthly interest rate at 1.7% (APRs from 21.4% to 22.2%)
Representative example
Borrow 500,000 fcfa over 9 months
Interest: 42,500 fcfa (1.7% rate)
Fees: 2,500 fcfa (0.5% of the loan)
9 monthly repayments: 60,278 fcfa
Total amount payable: 542,500 fcfa
Representative: 21.7% APR
Updated on
1 March 2023
Use SympliFi to send money and/or arrange guaranteed, affordable on-demand credit for loved ones in Africa.
💁 HOW IT WORKS
1. Install the app & set the borrower’s credit limit, acting as their guarantor.
2. Add the required refundable deposit to your SympliFi wallet to secure the credit. It stays in your wallet and earns you up to 5% cash reward.
3️. Your loved one in Africa gets instant access to credit from our local bank partner, anytime they need cash.
4. When the borrower repays their credit, your deposit is released back to you.
👨👩👧👦 HOW TO HELP LOVED ONES - THE SMART WAY
Fast affordable loans for them - Cash rewards for you.
Using the SympliFi app to guarantee on-demand credit for loved ones is the new way to empower friends and family to achieve their goals and become financially independent.
With your help, loved ones can now get guaranteed access to low-interest loans on demand from our bank partners to fund business activities and life needs. As they repay loans, their credit history builds and they’ll be able to borrow more on their own in the future. Their credit and its repayment has no impact whatsoever on your own credit score.
SympliFi puts the choice in your hands. Instead of simply paying fees to send money to loved ones, you can now earn money for yourself by helping them access low-cost credit from our bank partners in Africa.
–
LEARN MORE
symplifi.co
GET HELP
support@symplifi.co
FOLLOW SYMPLIFI
Facebook / Instagram / Twitter: @symplifing
-
Loan terms offered by our bank partners in Senegal
Loan amounts range between 50,000 fcfa to 500,000 fcfa with repayment periods from 6 to 12 months at monthly interest rate at 1.7% (APRs from 21.4% to 22.2%)
Representative example
Borrow 500,000 fcfa over 9 months
Interest: 42,500 fcfa (1.7% rate)
Fees: 2,500 fcfa (0.5% of the loan)
9 monthly repayments: 60,278 fcfa
Total amount payable: 542,500 fcfa
Representative: 21.7% APR
Updated on
1 March 2023
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