Moneymour team

Moneymour can estimate people’s creditworthiness better than a bank does, and allows instant, simple and transparent access to credit.


- The issues we want to solve -
With Moneymour we want to tackle 2 issues:
1. Financial exclusion: there are 2,5 billion people in the world who don’t have access to credit, simply because there are no formal records about them.
2. Process slowness: in Italy, our first target market, it takes around 2 days to take a credit decision. This is clearly not acceptable in a time in which it takes 8 min to open a bank account and you can have dinner delivered at home in half an hour.


- How Moneymour works -
The customer can buy with our loan following 2 flows: from eCommerce and from the Moneymour App.

From eCommerce
1. On the store, you select to pay in installments with Moneymour.
2. If this is the first time you use the service, you sign up and give read access to your bank account.
3. Our algorithm takes a decision in a few seconds, rejecting the loan or proposing various installment plans, in real time and in full transparency.

From the App
1. After signing up, you select from the eCommerce list in the App the one he wants to buy from and the amount you want to finance.
2. Our algorithm takes a decision in a few seconds, rejecting the loan or proposing installment plans, in real time and in full transparency.
3. A virtual card is generated, which you can use for the selected amount.


- How we take the decision -
Our revolutionary credit scoring algorithm uses customers’ bank accounts information, enabled by PSD2, to take a highly informed decision in an instant.
This way our customers can prove their creditworthiness even if they don’t have a credit history, and can buy now and pay later, in easy instalments.


- The actual loan -
After the decision is taken, our partner bank pays the full amount to the eCommerce, which doesn't risk anything.