The problem in the market is a lack of financial education, complex credit terms, and a complicated lending process, which restricts people's access to fair and affordable finance. Many individuals struggle to navigate the complexities of financial products, understand the terms and conditions, and make informed decisions. On the other side, banks face challenges with high client acquisition costs and poor digital infrastructure, impacting their operational efficiency and competitiveness.
Ranko is an innovative credit platform that simplifies lending for users and automates processes for financial institutions. We collect and analyze revenue data and credit history to assist banks in making informed decisions. Our platform matches users with the bank offering the lowest interest rate, ensuring access to affordable loans.