Conotoxia sets off to conquer the loan market

Jun 13, 2019 11:21 AM|

Financial portal found at once again surprises the market and is ahead of the competition with a unique offer of multi-currency online lending services.

multi-currency lending services

Loans will be granted in the euro, US dollar, British pound, Swiss franc as well as the Polish zloty, and ultimately in all several dozen currencies available in the portal’s offer.

Conotoxia puts emphasis on quick execution and minimizes formalities. At first, loans will be granted to customers for a period of up to 30 days in an amount up to 3,000 PLN or equivalent in the currency of their choice. Later on, there are plans to extend the offer with loans which include longer repayment terms of up to 20,000 PLN.

“The products that we introduce to the market are those that we, personally, would like to use. This is why, in the first stage, called “Friends and Family”, the employees of along with their friends and family will benefit from lending services,” says Piotr Kicinski, Vice-President of, a part of Conotoxia Holding. “Then, of course, the product will become available to a wider group of customers,” he adds.

In the next step, the company plans to implement social lending (peer-to-peer loans), in which users can borrow money from each other on the platform provided by Conotoxia.

Loans will also be integrated with complementary portal services: currency exchange, money transfers, payments, and other products, which will be systematically introduced into the offer. All of these will be provided as one comprehensive financial ecosystem - unique on the market.

The multi-currency lending service is provided by Currency Lending Sp. z o.o.

Jun 13, 2019 11:21 AM|

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