Matchbanker facilitates more than 130 million euros in consumer lending

Aarhus, Denmark: MatchBanker has reached a vital milestone after facilitating a total of 130 million euros in consumer lending through their platform. The Danish comparison service allows consumers to compare loans from various lenders based on their own criteria.

With fierce competition in the consumer lending market throughout Europe - Matchbanker set the stage for a more transparent industry. The innovative tool is developed by the danish company Karman Connect (Previously Lead Supply A/S).

The intention behind the Matchbanker platform is to provide an easier way for consumers to compare data and conduct financial comparisons on their own. Matchbanker presents data in an understandable way, allowing consumers to understand what complex financial products involve.

Today the platform is available in 12 different countries including Matchbanker Finland, Denmark, Norway, Sweden, Spain,Germany and France.

How the service works

Matchbanker is a comparison service allowing consumers to view offers from reliable lenders based on their own criteria. By applying their own filters consumers can navigate through the selection of banks and institutions faster - thus finding the one best suited for their own needs.

All loans listed on the platform have information such as APR, payment plans, age requirements, and other relevant information about the product. This way Matchbanker allows consumers to search through financial products in the same way as hotels, flights, and other services.

As a neutral part Matchbanker can provide useful information and evaluation of the products presented on the platform. This allows for more objective guidance for consumers throughout the process.

On side with the consumers

In recent years, the online loan industry has experienced immense growth and consumers continue to draw online for their financial needs. However, as the market enters a highly competitive stage - many consumers feel dazzled by financial marketing. This is where Matchbanker seeks to provide transparency and ease of mind.

While the market experienced a vast growth in comparison services - Matchbanker continues to be one of the most popular due to its transparent approach. The company will continue to provide consumers with eligible providers as its most important service provided.

By applying for a loan through Matchbanker consumers get instant access to vital data such as:

• Loan amount

• Duration time

• Interest rate and APR

• Estimated payout time

• Requirements for approved application

• Advantages and disadvantages

• Details on the provider

Facts about Matchbanker

Matchbanker is a comparison service owned by the Danish FinTech company Karman Connect, which originates from Lead Supply A/S founded in 2014. The company was founded by danish entrepreneurs Andreas Linde and Stefan Vinding Olesen - which also stand behind the new platform Matchbanker. Originally launched in 2016 - Matchbanker has established a position as one of the most popular comparison services in the North European market.

This article does not necessarily reflect the opinions of the editors or management of EconoTimes