Financial product offers instant loans
We’re constantly looking for innovative ways to improve the Springwise experience, and so we’re now introducing BeeLine Reader, a new technology that helps you read more quickly and efficiently. To learn more about BeeLine Reader, an award-winning startup funded by Intel Capital, see BeeLineReader.com.
Here at Springwise, we have covered several innovations in finance. These include a children’s cryptocurrency piggy bank and an automatic travel insurance service. A new innovation aims at benefiting both consumers and retailers. Financial services startup Duologi offers a product that allows shoppers to instantly apply for a loan wherever they are shopping. Duologi’s platform allows merchants to integrate an instant loan at the point of sale. Their system works for both online and brick-and-mortar shopping. The customer purchases the goods or service, asking for a loan at the point of sale. They receive a decision within four seconds. They then pay a deposit and take their goods. The merchant receives full payment within 24 hours, and the customer begins paying back the loan through direct deposit 30 days later.
Spotted another good idea???
Join our network and earn rewards