Presto Joins Viventor
13 November 2017 | Comments
We are thrilled to introduce you to our newest partner, Presto. The company will be listing its Spanish line of credit product on Viventor marketplace.
Launched in Q3 2017, Presto is one of the first non-bank lenders in the Spanish market to offer a credit line solution to consumers. Powered by Prestamos Prima and Finstar Financial Group, Presto has set its ambition to provide a more flexible and attractive financing solution to the underbanked consumer segment in Spain and beyond.
Presto offers line of credit to private borrowers, providing up to EUR 2’000 credit limit, with very conservative monthly repayment plans and a robust risk engine under the hood. The company is looking to boost its product by introducing e-wallet and card solutions, as well as to expand into new markets in 2018.
Presto loans on Viventor
Presto will be the first company on Viventor marketplace to provide Payment Guarantee for its loans: in case of borrower not repaying the monthly instalment on time, Presto will cover the payment itself. On top of that, Presto will maintain 5% skin in the game stake in every single loan, making their loans an even safer and more attractive investment opportunity.
Update your AutoInvest now by including Presto as a lender, Line of Credit as a loan type, and Spain as a country in your AutoInvest portfolio settings!