Faciit

Faciit

About this app

We help individuals with thin credit profiles save one-third of their financial goals, to demonstrate creditworthiness and affordability. We then match them with lenders who provide the remaining two-thirds as competitive loans for their planned expenses.

Our solution enables users to save one-third of their financial goals (£3,000 to £15,000) over at least three months. We then match them with lenders who provide the remaining two-thirds as loans.

Moving beyond traditional credit history, we leverage financial, behavioural, and situational data, along with advanced machine learning, to assess creditworthiness and affordability. This approach allows borrowers to access loans they otherwise couldn't, enhancing financial resilience, and offers
lenders thoroughly profiled borrowers, reducing default risk and minimising loan exposures,

What’s new

Fix Onboarding