Financial Services - Rochester, New York, United States
eMotshelo provides peer-to-peer lending services that offer higher value for receivers while increasing ROI.Through its mobile-based data-driven platform, MoneyChaps offers financial tools to individuals, businesses and groups. The fintech startup provides credit and Investment services for end consumers. MoneyChaps serve those that are willing to borrow and those that are willing to lend.On the borrowers' side, the startup provides short-term payday salary advances to salaried employees while on the lender's side the startup gives individuals opportunities to invest in all loans advanced in our platform and earn interest in return.With its solution, MoneyChaps is pursuing an indirect revenue model where it prioritizes pushing numbers on the app and getting value from the increased activity and data that can effectively be monetized.