E-LOAN
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$5.5m | Series A | ||
$25.4m | Series B | ||
N/A | $49.0m | IPO | |
$40.0m | Post IPO Equity | ||
Total Funding | €28.1m |
Recent News about E-LOAN
EditEloan.com operates as an online financial services platform specializing in personal loans. The company provides a straightforward loan application process with a focus on transparency, ensuring no hidden fees, no prepayment penalties, and no origination fees. Eloan.com primarily serves individual consumers seeking financial assistance for various personal needs, such as debt consolidation, home improvement, and general personal finance. The market it operates in is the consumer lending sector, which is highly competitive and regulated. Eloan.com’s business model revolves around offering unsecured personal loans directly to consumers through an online platform, making money from the interest charged on these loans. The company aims to simplify the borrowing process and provide educational resources to help clients make informed financial decisions.
Keywords: personal loans, no hidden fees, no prepayment penalties, no origination fees, debt consolidation, home improvement, financial education, consumer lending, online platform, unsecured loans.