Arrago

Arrago is a **Fintech** startup founded in **2022** and headquartered in **France**. The company’s slogan, **"Le financement des plus de 60 ans"**, underscores its focus on **liberating capital for individuals over 60 years old**. The company offers an innovative financial product, the **Prêt exclusif d'Arrago (PVH)**, exclusively tailored to seniors who are property owners. This product enables them to access financing for various needs, which they often struggle to secure through traditional banks. The unique features of the PVH include: - No age limit, health questionnaire, or income requirements - Deferred payments until the end of the loan, allowing for the funding of projects - Loan against a mortgage with no taxation - Full increase in property value allocated to the borrower and their heirs - Reversible property ownership without speculation on the borrower's death - Debt capped at the property's value Arrago has recently secured a **€5.00M Seed Round investment on 16 June 2023** from investors including **LO Capital**, **Didier Valet**, **Roger Tjong**, and **Obotritia Capital**. The funding will likely support the company’s expansion and further development of its platform, playing a crucial role in addressing the liquidity needs of seniors across France. With a focus on **collaborating with banks and institutions**, Arrago aims to revolutionize the accessibility of liquidity for seniors, marking an exciting venture in the Fintech sector.