Income marketplace welcomes ClickCash, a loan originator from Brazil.
ClickCash (Credito24 LTDA) is a Brazilian non-bank financial company (Fintech) that offers consumer loans to its costumers via a proprietary mobile-only process that enables it to tap into alternative credit data and to detect fraud efficiently. Clickcash has raised 1.8 MEUR so far to start its business in Brazil and it is at the start of its growth journey with ambitious goals.
The company was established in 2019 but has quickly reached profitable origination on a loan level and is looking to scale up business fast. The team behind ClickCash has a long track record in launching and running consumer lending businesses.
At start, Clickcash offers secured loans for investment with a 12% interest p.a. to investors. The loans are set for a maturity of 12 months with monthly amortization and are secured by a pledge of 159% on their consumer loan book in Brazil. This means that for each 1000 euros invested there is a pledge of EUR 1590 placed on their assets. You can read more about the security structure on the ClickCash loan originator page: https://getincome.com/loan-originators/clickcash/
How to invest in ClickCash loans?
ClickCash Loans can be invested in on the marketplace through manual investment or adding them into your automated investment strategy. If automated is activated the monthly repayments made to your Income account will be automatically invested into new loans as per your according to your strategy.
