RainFin is peer-to-peer (p2p) lender, allowing you to quickly and easily borrow from or lend to people around you.
Peer-to-peer loans are a relatively new concept in South Africa. You can find out more about peer-to-peer loans by reading our blog post What is Peer to Peer Lending?.
To apply for a loan you need to sign up and create a loan application. You will then be notified once an investor has made an offer. When 60% of the loan has been funded you are able to access your money. As part of the loan application process, RainFin offers a free credit report.
Barclays Africa (formerly Absa) owns 49% of RainFin.