AIN
Leading digital lender

Leading digital lender

location_on Auckland ,  New Zealand

Please note:
Investing in early stage businesses involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. This platform is targeted solely at investors who are sufficiently sophisticated to understand these risks and make their own investment decisions. Investors are encouraged to review and evaluate the investments and determine at their own discretion, the appropriateness of making the particular investment. The information on this website is provided for informational purposes only, but we cannot guarantee that the information is accurate or complete. We strongly encourage investors to complete their own due diligence with licensed professionals, prior to making any investment and will not offer any legal or tax advice.

Short Summary

Nectar Money is a leading digital lender providing personal loans up to $37k through its proprietary data and technology platform. Nectar’s technology makes borrowing faster, easier and more transparent, with an average customer rating of 4.9*/ 5*.

Highlights

  • High yield (11.95% - 13.95% p.a.) secured fixed interest opportunity
  • Recent comparable exit (sale of Symple to Lattitude for AUD$200m)
  • Market leading customer experience rating of 4.9/5, ~5,300 active customers
  • 17,000+ loans issued totalling $160m+ with ~3% p.a. loss rate
  • Generating $1.2m+ monthly revenue and positive cash net profit

Overview

Target NZ$ 15,000,000
Minimum NZ$ 50,000
Investment Raised NZ$ 2,000,000
Previous Rounds NZ$ 15,000,000
Stage Profitable
Investor Role Any

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