Zinclusive, a Cheyenne, WY-based financially inclusive company, raised $10M in funding.
Backers were not disclosed.
The company intends to use the funds to expand access to its solutions.
Led by CEO Jay Abbasi, Zinclusive will offer personal credit and financial products to consumers who typically face limited options and predatory rates. With a focus on inclusion, collaboration, integrity, and innovation, the company will provide a positive, more ethical, and more effective lending experience for its customers.
Zinclusive will be launching in Q2 of 2024 issuing credit products at rates that are substantially less than what many competitors typically charge.
Commenting on the news, Jay Abbasi said: “My time in this industry has shown me there is a better way – there is a path where lenders can better help consumers gain financial well-being. It’s not just about offering an alternative; it’s about setting a new standard for helping individuals who are plagued by high-interest lending.”
FinSMEs
08/04/2024