Country for PR: United Kingdom
Contributor: PR Newswire Europe
Tuesday, October 18 2022 - 03:26
AsiaNet
Perfect Match: Exclusive partnership between Younited and OneFor to provide consumer loans
MUNICH, Oct. 17, 2022 /PRNewswire-AsiaNet/ --

- The Younited portfolio caters now to modern families in Germany through 
OneFor, a European consumer digital money app.
- Consumer loans of EUR 1,000 to EUR 50,000 with the repayment period of up to 
84 months are available for the customers in Germany via the OneFor app.
- Fully digital and fast loan application process thanks to a seamless 
interface between OneFor and Younited.

Younited, the consumer credit platform with a European banking license that has 
been established since 2008, and OneFor, have joined forces and established an 
exclusive partnership offering instant personal loans for private individuals. 
OneFor, established 2020, is an innovative consumer digital finance and money 
app offering a broad range of services, including borderless family accounts 
with multiple connected debit cards, powered by Mastercard International.

The aim of this exclusive partnership is to leverage synergies in the 
business-to-business area building on the parties' offerings. On the one hand, 
this is achieved by using the direct customer reach of OneFor and on the other 
hand, with the seamless customer journey to the Younited environment with the 
loan offers.

With this cooperation, OneFor is taking another step towards expanding its 
product portfolio with the aim to enable its customers to apply for an instant 
loan from Younited easily and transparently using the specially created digital 
application process. The Younited loan amount ranges from EUR 1,000 up to EUR 
50,000 with fixed interest rates and the repayment period of 6 to 84 months.

In the highly fragmented business-to-consumer environment, the exclusive 
partnership between Younited and Onefor offers consumers much easier access via 
OneFor app to Younited's simple and transparent loans, including fast approval 
process and payment disbursement.

Michael Herrschlein, CEO of Younited Germany, explains: "Today more than ever 
the families are always focused on managing their financial requirements and 
sometimes faced with challenges. Be it the purchase or financing of a property, 
a car or necessary household appliances, through to the education of children 
at home and abroad. The current economic environment has made the situation 
even more challenging. This is precisely why we see the partnership with OneFor 
as an extremely useful addition."

In addition, Ilir Aliu, Managing Director of OneFor, confirms: "As a fully 
digital financial service provider, OneFor is committed to offering its 
customers with value adding services that actually solve a problem and make 
their daily life easier. This launch of installment loan offering in 
cooperation with Younited is a great example of using technology and 
collaboration to offer true value add. In addition to the account and transfer 
services, our customers, initially in Germany, can apply for a personal loan of 
up to EUR 50,000 directly via the OneFor app and benefit from the fully digital 
application process and the fast loan decision."

About Younited

The Younited SA is one of the leading instant credit providers in Europe. 
Constant innovation, cutting-edge technology and exceptional user experience 
have allowed nearly a million customers to have access to a fast, simple, 
transparent and 100% digital credit from EUR1,000 to EUR50,000 and loan terms 
of up to 84 months. With offices in France, Germany, Italy, Spain and Portugal, 
Younited generates more than 2 billion euros in yearly GMV, with nearly 50% of 
its business outside France, where it was founded. In 2021, the company 
received the EU Fintech Award. The company has launched the process to become a 
certified B-Corp.

More information: https://www.younited-group.com

About OneFor

Germany-based OneFor Holding GmbH is an innovative fintech company that offers 
various digital financial and money applications and technical services, 
including account, payment, trading, loans and card services. It enjoys a 
partnership with Mastercard International that is supporting its card offering. 
OneFor enables a borderless family account, turning single transactions into 
moments of connection, creating shared experiences and increasing financial 
inclusion that fuels economic development. As a pan-European start-up, OneFor 
has teams in the Netherlands, Germany, Switzerland and several countries in 
Southeastern Europe.

For more information, please visit https://www.onefor.com

Logo: https://mma.prnewswire.com/media/1922724/Younited_Logo.jpg
Logo: https://mma.prnewswire.com/media/1922725/OneFor_Logo.jpg

Source - Younited; OneFor
Translations

Japanese