ZoomiMoney

Changing Credit & Money for Under 35's. Low default risk mortgages & investments via ZoomiCredit’s deep data RiskTech.

General Information
Company Name
ZoomiMoney
Founded Year
2019
Location (Offices)
Middletown, United States +3
Founders / Decision Makers
Number of Employees
1
Industries
Finance, Financial Services, Fintech +2
Funding Stage
-
Social Media

ZoomiMoney - Company Profile

ZoomiMoney is a disruptive force in the global credit and money industry, specifically targeting the under 35 demographic. The company aims to revolutionize the traditional approach to credit and mortgages by leveraging RegTech innovation and forming strategic partnerships with banks. Through its subsidiary, ZoomiCredit, the company offers turnkey tech and financial products with revenue-sharing opportunities, providing investors with a premium over safe from de-risked arbitrage in an opportunity worth $70 trillion. For retail consumers, specifically the under 35 demographic, ZoomiMoney offers a unique opportunity to save 7 years of rent to buy with no product competitors, providing a AAA design for global mortgages. The company's approach is to price the risk of every credit applicant, creating a granular risk cost base that enables them to share significant arbitrage with bond investors and supply chain partners. ZoomiMoney addresses the struggles of under 35s globally to enter the housing market, highlighting the structural issues and oversights in current banking and credit approval processes. The company targets 70 million renters globally who have saved 2% of the property purchase and demonstrated strong credit fundamentals, aiming to bridge the generational divide caused by traditional mortgage and credit practices. With a focus on executive and advisory team building, ZoomiMoney is poised to deliver product innovation and make a significant market impact.

Taxonomy: RegTech, mortgages, credit risk assessment, under 35's financial services, investment opportunities, disruptive innovation, financial inclusion, rent-to-buy solutions, financial risk management, securitization, banking partnerships, executive advisory teams

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