BucksUp - P2P Lending SA

BucksUp

About this app

BucksUp is South Africa's peer-to-peer lending platform. Borrow money or earn returns by lending. NCR registered credit provider (NCRCP22355).

SERVICES:
• Personal loans: R500 – R9,000 | 3–12 month terms
• Business loans: R500 – R250,000 | 3–24 month terms
• Stokvel group lending with multi-signatory approval
• Maximum APR: 60%

Representative Loan Example:
Loan Amount: R2,000

Term: 6 Months
Interest Rate: 3% per month (fixed)
Initiation Fee: R250
Monthly Service Fee: R68.50
Total Interest: R215.34
Total Repayment: R2,876.34

Representative APR: 54%

Minimum loan term: 3 months (91 days). No loans require repayment in 60 days or less.

FEATURES:
• AI-powered credit scoring
• KYC identity verification
• Biometric login
• Real-time loan tracking
• Automated repayment collection
• Portfolio analytics for lenders

BucksUp is registered with the National Credit Regulator (NCR) under registration number NCRCP22355. All lending activities comply with the National Credit Act (NCA) of South Africa.

Privacy Policy: https://bucksup.co.za/privacy-policy

What’s new

Default language - en-ZA
DEMO ACCOUNTS FOR REVIEW
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Borrower account:
Email: [e-mail]
Password: Mapholip123@

Lender account:
Email: [e-mail]
Password: Mapholip123@
Both accounts are pre-approved (KYC complete) and pre-funded.
The borrower can browse loan offers; the lender can view the
marketplace and fund proposals.