Elfin Market, the UK-based peer-to-peer lender, is happy to announce the launch of the brand new “Elfin Card”, the world’s first peer-to-peer cost card.
Options Embrace:
– No overseas change charges and limitless fee-free worldwide ATM withdrawals – Contactless-enabled pay as you go MasterCard
– £200 fee-free month-to-month home ATM withdrawals
– If misplaced, the cardboard might be simply frozen within the app
All prospects will be capable of order the cardboard through the app on 26/7/22 after updating to the newest model of the app, accessible on iOS and Android. The rebrand can be reside on a brand-new web site and app on the similar time on 26/7/22, matching the cardboard’s design. The change reveals how far Elfin Market has advanced over the previous few years.
“After a profitable closed beta stage, we are able to’t wait to get the playing cards in prospects’ fingers. I consider the addition of the Elfin Card to our common borrower product will assist make Elfin Market the go-to platform for versatile credit score within the UK.” – Mansour Bouaziz – Co-founder & CEO
“Although technically not a bank card, the Elfin Card was designed to supply UK people the identical borrowing flexibility as a bank card, with out the sky-high charges and quite a few extra charges.” Lakshithe Wagalath – Co-founder & COO
Elfin Market is a peer-to-peer lending platform, providing debtors credit score 75% cheaper than the typical bank card*, with a consultant APR of 5.8%, and buyers an modern finance ISA for tax-free returns.
*Primarily based on the typical buy bank card APR within the UK throughout Q3 2021 of 26.0% APR and
the Elfin Market consultant APR of 5.8%.