Fintech company Conotoxia introduces a new method for applying for a loan in PLN and other currencies. The new method of confirming identity is a quick verification transfer, which not only speeds up the process but also increases security.
Conotoxia users can apply for loans of up to 5,000 PLN or the equivalent amount in euros, US dollars, pounds or Swiss francs and repay their debt in a maximum of 12 monthly instalments.
A new addition on offer from global fintech is the verification transfer as confirmation of the customer's identity. The payment of 1 PLN (regardless of the currency of the loan) is made via an online Pay-By-Link transfer, i.e. from a bank account.
As well as simplifying and speeding up the loan application process, a verified identity also offers greater security. Confirmation of identity can, for example, be a safeguard against fraudulent use of another person's details to obtain a loan.
Fintech customers have the choice of withdrawing money to their bank account or directly to their multi-currency card. If a user opts for the second type of withdrawal but does not have a card from the fintech yet, they can order a virtual version for free when applying for a loan. By using the card to withdraw money, customers get the funds immediately and the commissions are lower. They do not need to have a currency account with the bank to receive the money in the currency. Another advantage is the convenience of the repayment process - on a fixed date, the funds can be automatically withdrawn from the web portal account or from the Conotoxia multi-currency card.
Details of multi-currency lending service can be found at https://conotoxia.com/loans.
The multi-currency lending service is provided by Currency Lending Sp. z o.o.
