• A$270

• 72 Designs

• 28 Designer

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Logo-Design Kurzbeschreibung

Based in Australia we are a FinTech start-up developing a Peer 2 Peer consumer finance platform.

I am not fixed in my mind on the name (m8Rates) and want to set out below some more details of the business.

The business matches lenders and borrowers in the credit card market.

Borrowers are currently paying circa 20% on CC debt and lenders (savers) are getting zero interest. The idea is to match them off and cut out the bank by peer to peer lending at a reasonable rate. The lender gets 10% and the borrower pays 10% win win.

The target loan size is under $10k and we are looking at short term no more than 180 days. This is small retail lenders and borrowers.

The marketplace website will look something like this site (individuals lending and borrowing to each other).

https://poloniex.com/exchange#usdt_btc

The idea is that an individual saving $1,000 per month (and getting zero interest) could instead lend the money to a person with CC dept of $1,000 who is paying 20% interest...'let's split the diff at 10%' lender and borrower win...the Bank loses.

The name M8Rates implies two mates working together to help each other out...but I am open to a better name...even one of those 'no word' names if you have any better ideas.

Also any better wording for the tag line.

Zielmarkt/( -märkte)

Younger generation in Australia

Industrie/Einheitstyp

Finance

Logo Text

Tag line not decided yet but could be 'Matching Borrows and Lenders'

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