Reevo Money joins Freedom Finance’s lending panel

By Gloria Methri

Freedom Finance, the UK-based digital lending marketplace and embedded finance provider is now adding personal loans from Reevo Money to its lending panel. Personal loans from Reevo will be available through all of Freedom Finance’s partners and via its direct-to-consumer marketplace.

Freedom Finance currently operates a wide panel of lenders with its embedded finance partners including the likes of Creation Marketplace, Asda Money, and RAC.

Their partners’ customers will now benefit from even more choices when they look for loans. Those eligible for the personal loan will be able to borrow between £1,000 and £7,000 over a period of 12 to 36 months.

The proprietary matching technology that powers Freedom Finance’s platform completes thousands of credit searches each week and eliminates risk to credit scores by undertaking a soft credit check to search multiple UK lenders.

The platform’s thorough decision-making capabilities simplify the process for customers by only showing them credit offers they have a good chance of qualifying for, providing lenders with stronger applicants.

Freedom Finance provides unsecured personal loans, credit cards, mortgages and other financial products. It connects customers with over 100 of the UK’s leading lenders and service providers through the platform.

Michael Davidson, Chief Revenue Officer at Freedom Finance, said, “We pride ourselves on being able to offer the right loan to the right applicant and adding Reevo’s product helps our marketplace serve even more borrowers. We offer the widest range of loans of any marketplace, and by adding the Reevo Money loan to the Freedom Finance marketplace we have further extended the options available.”

Tobias Gruber, from Reevo Money, added, “By joining the Freedom Finance marketplace Reevo will be able to offer even more borrowers access to the credit market through our fair, fast, and affordable loans.”