loel

Company Overview

Snapshot

Founded in November 2015 by Yehuda Halevy and Moshe Felix, loel operates with 1–10 employees. The company is currently in a Pre-Funding stage.

Business overview

loel is a fintech company that provides online loans secured by automobiles, operating within the lending and financing sector. The company's core technology utilizes smart verification to assess car conditions, reducing lender risk and allowing for larger loan amounts with lower interest rates. By backing loans with cars, loel aims to make financing accessible to individuals regardless of their credit score, serving the B2C market, specifically car owners.

Company Intelligence Q&A

What is loel's primary business model?

loel operates on a B2C business model, providing online loans directly to consumers.

Who are the founders of loel?

loel was co-founded by Yehuda Halevy, who serves as CEO, and Moshe Felix, who serves as COO.

What is loel's current product development stage?

loel's product is currently in the R&D stage, focusing on developing its smart verification technology to assess car conditions for loan backing.

In which city is loel headquartered?

loel is headquartered in Jerusalem, Israel.

What is the primary sector loel operates in?

loel's primary sector is Business Software, with a focus on fintech and lending solutions.