We were excited to present at the Financial Conduct Authority’s recent Financial Inclusion TechSprint Showcase! Olaolu Olaleye represented the Faciit Team, showcasing our save-to-borrow solution. Our solution empowers those who find traditional loans out of reach, enabling them to save one-third of their finance targets over a minimum of three months. Once achieved, we connect them to lenders ready to provide the remaining two-thirds as competitive loans. Our journey through the FCA’s sandpit from March to May was transformative. With exceptional access to data, industry experts, mentors, ecosystem enablers, and regulators, we refined and tested our proposition. A big thank you to the #FCATechSprint team and FinTech Scotland for this incredible opportunity. Special thanks to Lauren Cassells, Peter Symonds, Agnes Shodimu, Ghela Boskovich, Colin Tancock, Nick Patterson, and Leon Ifayemi for their invaluable support and contributions. The insights gained through the TechSprint have strengthened our commitment to delivering strong outcomes to borrowers and lenders with our save-to-borrow solution. Here’s to making a difference together! 🌟
About us
A save-to-borrow solution for those who struggle to access loans from mainstream sources. Save one-third of what you need and we'll help you get the remaining two-thirds as a competitive loan.
- Website
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https://faciit.co
External link for Faciit
- Industry
- Financial Services
- Company size
- 2-10 employees
- Headquarters
- Edinburgh
- Type
- Privately Held
Locations
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Primary
Get directions
Edinburgh , GB