Niro provides an embedded lending platform that utilizes APIs and SDKs to integrate customizable credit products into consumer applications within two weeks. This technology enables platforms to offer personalized, competitive financial services, enhancing user engagement and generating revenue through seamless credit distribution.
Funding
$18.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
MGFounders
Product
Problem
Many consumer platforms struggle to offer personalized and competitive financial services, leading to missed opportunities for increased user engagement and revenue generation. Integrating these services can be complex and time-consuming, hindering platforms from quickly entering the fintech space.
Solution
Niro provides an embedded lending platform that enables consumer-facing applications to integrate customizable credit products seamlessly. Through APIs and SDKs, platforms can offer personalized financial services such as personal loans with instant disbursement and flexible repayment options up to 60 months. This allows platforms to enhance user engagement by offering competitive and frictionless credit products, creating value for their users, and generating revenue through seamless credit distribution. Niro simplifies the integration process, enabling platforms to embed credit offerings in as little as two weeks, with fully digital end-to-end journeys.
Target Audience
Niro primarily targets consumer platforms seeking to offer embedded financial services to their users, including e-commerce, utility, and other customer-facing applications.
Features
- APIs and SDKs for quick integration of credit products into existing applications
- Customizable credit offerings tailored to specific user needs and platform requirements
- Instant loan disbursement for enhanced user experience
- Flexible repayment periods up to 60 months
- Fully digital, paperless process for seamless user onboarding
- Personalized and competitive financial service products to drive user engagement