Details

Last Funding Type

Series Unknown

Industries

Blockchain,Credit,Financial Services,FinTech,Internet,Lending,Marketplace,Payments

Founded date

Jan 1, 2020

Number Of Employee

1 - 10

Operating Status

Active

Instacash is a lending marketplace that uses preauthorized credit cards as collateral. For investors, this minimizes risk while maximizing returns. For borrowers, this allocates loans instantly at an affordable rate.

Using Instacash, investors decide how much they want to invest by allocating money into a secure digital wallet. This gives investors a set interest rate of return. All repayments will then be deposited into the same wallet and the investor will be able to withdraw their money whenever they want. Meanwhile, borrowers can set their desired loan amount and loan time frame. After verifying their credit card, the Instacash secure technology will preauthorize the collateral for the loan amount, which will be reduced as long as the borrower continues repaying the loan.

With our immediate peer-to-peer payment service, the money will go directly from the investor to the borrower, with a small commission going to help us continue advancing our platform.

Users can track and manage all their operations from any digital device in real time. With smart contracts, all users’ data and privacy are secure and protected.

Instacash applies cutting-edge technology such as machine learning, artificial intelligence, and blockchain to ensure a fast, secure, and reliable platform, allowing you to get money when you need it or make money when you want to invest.

Through money democratization, Instacash positively impacts people’s lives. We’re changing the world by revolutionizing the way money—and opportunities—are distributed.

Instacash, spreading opportunities with loans powered by people.