Finova Financial

Overview

Finova Financial is transforming the FinTech industry as a socially responsible online lender, providing fast, affordable loans using your car as security.

Features

Finova Financial develops fair and affordable digital financial technologies to create a more inclusive financial system and provide a path to financial health for the 2 billion people outside of the traditional financial system. Founded in 2015 by a team of financial services, technology and payment experts, Finova is backed by leading Silicon Valley venture capital firms and Wall Street private equity investors.

Finova’s digital financial products include a Car Equity Line of Credit (CLOC), providing fast, affordable emergency loans based on car equity; and the Finova Automobile-Secured Prepaid Card, which accepts either cash or car equity to fund the card. Finova has earned a 4.58 out of 5 stars with Consumer Affairs, was named US Firm of the Year for Lending Innovation by the 2017 Fintech Awards, and was named to KPMG’s Fintech 100 list of the world’s leading financial technology innovators in recognition of its mission to design financial services products that offer a powerful alternative to the emergency cash lending marketplace. Finovas Secured Prepaid Card provides consumers with a quick loan when needed and their paycheck up to two days faster with free direct deposit*. The Finova client portal provides personalized access to our financial dashboard allowing real time management of your loan and prepaid card. Payments can be made from the convenience of your Finova prepaid card, computers, mobile devices and at 32,000 US retail locations. Finova Financials’ proprietary digital financial services technology platform delivers new financial products to the millions of consumers outside the formal financial system who are seeking financial solutions that fit their needs and lifestyle.