Exclusive partnership between Younited and OneFor to provide consumer loans

  • The Younited wallet is now aimed at modern families of Germany through OneFor, a European consumer digital money app.
  • Consumer loans from €1,000 to €50,000 with a repayment period of up to 84 months are available for customers of Germany through the OneFor app.
  • Fully digital and fast loan application process thanks to a seamless interface between OneFor and Younited.

MUNICH, October 17, 2022 /PRNewswire/ — Younited, the consumer credit platform with a European banking license established since 2008, and OneFor, have joined forces and established an exclusive partnership offering instant personal loans for individuals. OneFor, created in 2020, is an innovative consumer digital finance and money app offering a wide range of services, including borderless family accounts with multiple connected debit cards, powered by Mastercard International.

The objective of this exclusive partnership is to take advantage of synergies in the business-to-business field by relying on the parties’ offers. On the one hand, this is achieved by using OneFor’s direct customer reach and on the other hand, with the seamless customer journey to the Younited environment with loan offers.

With this cooperation, OneFor takes another step towards expanding its product portfolio with the aim of enabling its customers to apply for an instant loan from Younited in a simple and transparent way using the specially created digital application process. The Younited loan amount ranges from €1,000 to €50,000 with fixed interest rates and a repayment period of 6 to 84 months.

In the highly fragmented business-to-consumer environment, Younited’s exclusive partnership with Onefor provides consumers with much easier access through the OneFor app to simple and transparent loans from Younited, including an approval process and disbursement. fast payment.

Michael Herrschlein, CEO of Younited Germany, explains: “Today more than ever, families are still focused on managing their financial needs and sometimes facing challenges. Whether it’s buying or financing from a property, a car or the necessary household appliances, to raising children in the country and abroad.The current economic environment has made the situation even more difficult.This is precisely why we consider the partnership with OneFor to be an extremely useful addition.

In addition, Ilir AliuCEO of OneFor, confirms: “As a fully digital financial services provider, OneFor is committed to offering its customers value-added services that really solve a problem and make their daily lives easier. This launch of the installment loan offer in cooperation with Younited is an excellent example of using technology and collaboration to offer real added value. In addition to account and transfer services, our clients, initially in Germanycan apply for a personal loan up to €50,000 directly through the OneFor app and benefit from the fully digital application process and fast loan decision.”

About Younited

The Younited SA is one of the leading instant credit providers in Europe. Constant innovation, state-of-the-art technology and exceptional user experience have enabled nearly one million customers to have access to fast, simple, transparent and 100% digital credit from €1,000 to €50,000 and loan terms ranging from up to 84 months. With offices at France, Germany, Italy, Spain and PortugalYounited generates more than 2 billion euros of annual GMV, with almost 50% of its activity excluding France, where it was founded. In 2021, the company received the EU Fintech Award. The company has started the process to become a certified B-Corp.

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

About OneFor

GermanyOneFor Holding GmbH, based in OneFor Holding GmbH, is an innovative financial technology company that offers various digital financial and monetary applications and technical services, including account, payment, trading, lending and card services. It benefits from a partnership with Mastercard International, which supports its card offer. OneFor enables a borderless family account, turning one-time transactions into moments of connection, creating shared experiences, and increasing the financial inclusion that fuels economic development. As a pan-European start-up, OneFor has teams the Netherlands, Germany, Swiss and several countries of Southeast 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

SOURCEYounited; AFor

Rosalie M. Dehner