Moula is an online platform for businesses to receive unsecured business loans with no paperwork. Users receive funds in their account within a day after data is used to assess the received loan applications.
PRODUCTS & SERVICES:
Moula offers SME loans up to $250,000 for Australia registered businesses.
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Scotty’s wholesale Meats, Cup cake central, Get digital flow, Kleentek Advances cleaning technologies
The company is in partnership with Officeworks, Liberty Financial, Xero Financial Service. It is also partnered with brokers, accountants, and advisers.
MEDICI analysts will analyze Moula soon
Insufficient information for accurate analysis
DATE OF LAST FUNDING:
TOTAL FUNDING COMMENT:
The company is planning to use the fund to educate the SME market, which is a hurdle facing many local fintech startups – particularly in the lending space(June 2015).