How they describe themselves: SuperMoney, one of the fastest growing financial technology companies in the country, is a financial resource that helps consumers achieve their financial goals. The company’s tools allow people to compare financial products and services so they can make better financial decisions.
SuperMoney has processed over half a billion dollars in loan applications since launching its Loan Offer Engine at FinovateSpring 2017. The company followed this up with the launch of its auto loan offer engine in summer 2017 and plans to expand its loan offer engine into new verticals in 2018.
Based in Santa Ana, California, more information can be found at SuperMoney.com.
How they describe their product/innovation: SuperMoney’s hugely successful loan offer engine is taking its next evolutionary step as a No-fee Financing Platform available to merchants / service providers in home improvement, healthcare, specialty retail and other markets that suffer from expensive and inefficient financing solutions.
Built on top of its consumer loan offer engine technology, the SuperMoney No-Fee Financing Platform provides merchants with access to turnkey financing from leading banks and lenders while saving them a ton of money on expensive discount rate fees – typically up to 10%.
SuperMoney has already signed up over 250 merchants into its beta program to provide fast, frictionless and easy financing options to consumers across America.
Product distribution strategy: Direct to Business (B2B)