ZEBIT UK LTD

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Zebit UK LTD, owned by Global Analytics Holdings, was closed down in 2014, and was absorbed by Lending Stream, another GAH company. ---- Zebit is a short-term lender that offers loans with flexible repayment options. You can take out a loan of up to ยฃ800 for a month to 7 months; Zebit lets you choose your repayment on a weekly or monthly basis. Zebit runs an affordability analysis on all applications to evaluate whether you would be able to repay the loan in a sustainable manner. U... pon approval, Zebit will send the money to your bank account within 4 minutes* with no transfer or application fees (the time that it takes for cash to appear in your account will depend on your bankโ€™s policies and procedures). Zebit accepts applications 24 hours a day, 7 days a week, even on bank holidays. Advantages 1. Upon approval, fund transfer initiated within 4 minutes* (the time that it takes for cash to appear in your account will depend on your bankโ€™s policies and procedures). 2. Choose your repayment term โ€“ over 1 month up to 7 months. 3. Apply to borrow any amount, from ยฃ50 to ยฃ800. Disadvantages Lending of this type is an expensive form of credit that may be appropriate for short-term financial needs, but may not be appropriate for long-term borrowing - or if you are in financial difficulty. Terms and Conditions You need to be 18 years of age, or older, be in regular employment with a minimum monthly income of at least ยฃ400, and have a valid debit card and a working bank account. You should also be a UK resident. We currently do not lend to individuals who are self-employed. Costs, Rates & Fees Representative APR:1561.7% Representative Example:Annual Interest Rate: 314.7% (fixed).Total Amount of Credit: ยฃ100;Duration of Agreement:1 month; Total Cost of Credit: ยฃ25; Total Repayable: ยฃ 125 on a loan of ยฃ100 for 1 month Extension:Not permitted **Please refer website to understand the fee structure and other details before you apply for a loan *Subject to loan approval, you will receive cash through Express Cash transfer option for free if supported by your bank. Zebit can initiate the transfer of funds into your account within 4 minutes after final approval of your loan subject to an assessment of affordability and creditworthiness.. The time that it takes for cash to appear in your account will depend on your bankโ€™s policies and procedures

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ZEBIT UK LTD

Industry:
Finance Financial Services Payments

Founded:
2011-01-01

Address:
London, England, United Kingdom

Country:
United Kingdom

Status:
Closed

Email Addresses:
[email protected]

Total Funding:
55 M USD


Founder


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Krishna Gopinathan

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Michael Thiemann

Investors List

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Crystal Financial

Crystal Financial investment in Debt Financing - Zebit UK LTD

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Leapfrog Ventures

Leapfrog Ventures investment in Series D - Zebit UK LTD

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QED Investors

QED Investors investment in Series D - Zebit UK LTD

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Crosslink Capital

Crosslink Capital investment in Series D - Zebit UK LTD

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Mohr Davidow Ventures

Mohr Davidow Ventures investment in Series D - Zebit UK LTD

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