New loan app 2020
Here are some new loan apps that were launched in 2020:
- Tala (February 2020): Tala is a mobile-only lending app that offers instant loans to individuals in Kenya, Tanzania, and the Philippines. The app uses AI-powered credit scoring to assess borrowers' creditworthiness.
- Branch International (March 2020): Branch is a digital lending app that offers loans to individuals in Kenya, Tanzania, and Nigeria. The app uses machine learning algorithms to assess borrowers' creditworthiness and offers loans with flexible repayment terms.
- M-Kopa (April 2020): M-Kopa is a mobile-based lending app that offers loans to individuals in Kenya, Tanzania, and Uganda. The app uses a proprietary credit scoring model to assess borrowers' creditworthiness and offers loans with flexible repayment terms.
- Kia Pesa (May 2020): Kia Pesa is a mobile-based lending app that offers loans to individuals in Kenya. The app uses AI-powered credit scoring to assess borrowers' creditworthiness and offers loans with flexible repayment terms.
- Okolea (June 2020): Okolea is a digital lending app that offers loans to individuals in Nigeria. The app uses machine learning algorithms to assess borrowers' creditworthiness and offers loans with flexible repayment terms.
- Lendable (July 2020): Lendable is a mobile-based lending app that offers loans to individuals in Kenya. The app uses a proprietary credit scoring model to assess borrowers' creditworthiness and offers loans with flexible repayment terms.
- Cassava Fintech (August 2020): Cassava Fintech is a digital lending app that offers loans to individuals in Kenya, Tanzania, and Uganda. The app uses machine learning algorithms to assess borrowers' creditworthiness and offers loans with flexible repayment terms.
- Migo (September 2020): Migo is a digital lending app that offers loans to individuals in Nigeria. The app uses machine learning algorithms to assess borrowers' creditworthiness and offers loans with flexible repayment terms.
- Aella Credit (October 2020): Aella Credit is a digital lending app that offers loans to individuals in Nigeria. The app uses machine learning algorithms to assess borrowers' creditworthiness and offers loans with flexible repayment terms.
- FairMoney (November 2020): FairMoney is a digital lending app that offers loans to individuals in Nigeria. The app uses machine learning algorithms to assess borrowers' creditworthiness and offers loans with flexible repayment terms.
Please note that this is not an exhaustive list, and there may be other new loan apps that were launched in 2020 that are not included here. Additionally, the availability and features of these apps may vary depending on the country and region.