Viernes 24 de Noviembre 2017

Finova Financial Named to Fintech 100 List of World’s Leading Financial Technology Innovators

The cloud-based affordable emergency lending provider recognized for
digital disruption of financial services industry

WEST PALM BEACH, Fla.–(BUSINESS WIRE)–#EmergencyLendingFinova
Financial
, the industry’s first cloud-based platform for affordable
consumer emergency lending, has been named to the Fintech 100 list of
the world’s leading financial technology innovators for 2016. Fintech
100 is a collaborative effort between H2 Ventures and KPMG.

“The financial services industry is facing a wave of digital disruption
that is starting to reshape the sector,” says Melissa Hurwitz of H2
Ventures. “The Fintech 100 celebrates the top companies in this bold new
space: the 50 leading established players creating change within
financial services, and 50 of the emerging fintech stars of tomorrow,
offering an in-depth view of the most exciting startups and
organizations taking advantage of technology to revolutionize the
industry.”

The Fintech 100 list is the result of a global search and
includes 35 companies from the Americas, 28 companies from EMEA, 13
companies from the UK, 14 companies from Asia and 10 companies from
Australia and New Zealand. The full list has just been made public and
is available at www.fintechinnovators.com.
Additional images here.

“Finova Financial was launched to help consumers get critically needed
cash without the traditional barriers of high interest rates,
inconvenient application processes and restrictive payment terms of the
traditional emergency loan industry,” said Finova Financial CEO Gregory
Keough. “We’re harnessing technology to help the 70 million underserved
Americans get out of the debt traps created by traditional emergency
loans, which cost them $138 billion per year in fees and interest.”

Currently available in Florida, Tennessee and Arizona, Finova’s Car
Equity Line of Credit (C-LOC) has already earned
Consumer Affairs prestigious partner accreditation
for delivering up
to 70% lower cost title loans to consumers, instant online
pre-qualification, and payment-against-principal with every payment.

The C-LOC loan solution is the first in a series of digital financial
services products Finova Financial is planning to offer in response to
the needs of consumers outside the formal financial system.

About Finova Financial

Finova Financial is transforming the FinTech industry as a socially
responsible online lender, providing fast, affordable emergency loans
based on the equity in your car. Founded in 2015 by a team of financial
services, technology and payment experts, Finova delivers a path to
financial well-being and fair lending for the 70 million financially
underserved Americans that spend $138 billion in fees and interest
annually on alternative financial products. Finova’s Car Equity Line of
Credit (C-LOC) costs up to 70% less than the current national average,
provides around-the-clock access to capital, and a 12-month payback
plan. Finova Financial backers include Silicon Valley investors MHS
Capital
, Refactor
Capital
, CoVenture,
Compound,
and 500
StartUps
; Al Hamra Group, a private company owned by United Arab
Emirates’ ruling family, Ras Al Khaimah; and others. For more
information: www.finovafinancial.com

Contacts

Finova Financial
Alfredo Rosing, 561-517-9256
alfredo.rosing@finovafinancial.com
Chief
Marketing Officer