Finance · Lending and Investments
Anyfin puts a stop to overpriced financial products to save money on private loans by taking a photo. Launched in November 2017, and currently available in Sweden, Finland and Germany, Anyfin wants to make it easier to competitively refinance or consolidate loans and credit cards, and therefore not get ripped off with high interest rates or compound interest. It claims to do this with a combination of AI and publicly available consumer data, and with additional information garnered through talking a photo of existing loan statement, including repayment history. This, it says, gives Anyfin a more complete picture than a credit score alone, which is likely the main data point used by the original lender. The only thing users need to do is to take a picture of the latest loan invoice and upload the picture to Anyfin via the Anyfin app or at the company website. Anyfin is headquartered in Stockholm, Sweden.Something looks off?