WaBo FinTech
Person-to-person Micro-loans for the Unbanked
Fintech & Insurtech
Non Active, May 2023 ceased to operate
Company Overview
Snapshot
Founded in December 2016 by Mario Fatelevich, WaBo FinTech operated with 1–10 employees. The company ceased operations in May 2023.
Business overview
WaBo FinTech developed a platform designed to facilitate interest-free, commission-free peer-to-peer micro-loans for individuals without traditional bank accounts. The company's core product, WaBo, aimed to serve markets across Northern Europe, Africa, Southeast Asia, North America, South America, Brazil, and Oceania, operating within the Fintech & Insurtech sector, specifically focusing on lending and financing.
Company Intelligence Q&A
- What is WaBo FinTech's primary business?
- WaBo FinTech provided a platform for person-to-person micro-loans, enabling users to lend and borrow money without interest or commissions, targeting individuals who do not have bank accounts.
- When was WaBo FinTech founded?
- WaBo FinTech was founded in December 2016.
- Who is the founder of WaBo FinTech?
- Mario Fatelevich is the founder of WaBo FinTech.
- What is the current status of WaBo FinTech?
- WaBo FinTech is currently non-active and ceased operations in May 2023.
- Which markets did WaBo FinTech aim to serve?
- WaBo FinTech aimed to serve geomarkets including Northern Europe, Africa, Southeast Asia, North America, South America, Brazil, and Oceania.