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Jeff App, the ‘Tinder for loans’, raises €150K to boost inclusion that is financial Southeast Asia. Joe Biden: Let’s Forgive Student Education Loans

Latvian fintech startup Jeff App has raised €150K to help expand evolve its “ Tinder for loans” solution into the Vietnamese market, along with increase to Indonesia later on in 2020. Lots of European business angels took part in the Jeff App pre-seed round, the first company’s funding round to date.

Launched in Riga in the summertime of 2019, Jeff is that loan brokerage solution that makes use of alternate information to enhance inclusion that is financial has its own focus set on Southeast Asia. With only 30% associated with the populace holding a banking account as well as less individuals being a part of credit agencies based on World Bank information, there is certainly a gap that is massive Vietnamese in need of funding and banking institutions, and loan providers presently in a position to program them.