Which country owns FairMoney?

Who are the owners of FairMoney?

Founded in 2017 by Laurin Hainy, CEO; Matthieu Gendreau, CTO; and Nicolas Berthozat (Product co-founder), Fairmoney is currently a licensed lender with plans to make a bigger impact on the financial market.

Is FairMoney real?

FairMoney is an automated online moneylender that provides single payment loans, installment loans and payroll loans for borrowers. The amount borrowed is then deducted from your account.

How does FairMoney operate?

FairMoney is an automated online moneylender that provides single payment loans, installment loans and payroll loans for borrowers. The amount borrowed is then deducted from your account. … Loan decisions are provided within 15 seconds and if approved, the applicant receives funds within 5 minutes.

What will happen if I don’t pay FairMoney loan?

In addition to the interest rate, we charge a processing fee for every loan that you get with FairMoney. … We also charge a minimal late penalty fee (calculated as a % of the outstanding amount after the due date). This fee is only charged if you don't repay your loan on time and ranges from 0.2% to 0.8% per day.

What will happen if I don’t pay my FairMoney loan?

In addition to the interest rate, we charge a processing fee for every loan that you get with FairMoney. … We also charge a minimal late penalty fee (calculated as a % of the outstanding amount after the due date). This fee is only charged if you don't repay your loan on time and ranges from 0.2% to 0.8% per day.

Is there FairMoney in Ghana?

In Ghana, one of the easy money lending apps is Fairmoney Loan. They offer quick loans which you can use for various purposes ranging from health emergencies, rental payments, to other personal needs.

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