Nemuru is a point-of-sale lending platform that is disrupting how people pay for their services/products on a simple, affordable and convenient way with special focus on the home improvement, healthcare and education sectors. Simple, since it is one-click for the PoS and the client performs it's own onboarding in less than 3min. Affordable, because PoS can offer financing solution at 0% APR. Convenient, because its multi-lender approach and its risk algorithms maximizes our customers sales funnel.
Nemuru partnered with BBVA and BancoSabadell (two of the biggest Spanish banks) for funding operations and is managing 1 MM Euros monthly, with an average 70% monthly growth.
Nemuru is the combination of a technology company and a credit intermediator, not an on-balance sheet lender