PR98319

MUNICH, Oct. 17, 2022 /PRNewswire=KYODO JBN/ --

- The Younited portfolio caters now to modern families in Germany through

OneFor, a European consumer digital money app.

- Consumer loans of EUR 1,000 to EUR 50,000 with the repayment period of up to

84 months are available for the customers in Germany via the OneFor app.

- Fully digital and fast loan application process thanks to a seamless

interface between OneFor and Younited.

Younited, the consumer credit platform with a European banking license that has

been established since 2008, and OneFor, have joined forces and established an

exclusive partnership offering instant personal loans for private individuals.

OneFor, established 2020, is an innovative consumer digital finance and money

app offering a broad range of services, including borderless family accounts

with multiple connected debit cards, powered by Mastercard International.

The aim of this exclusive partnership is to leverage synergies in the

business-to-business area building on the parties' offerings. On the one hand,

this is achieved by using the direct customer reach of OneFor and on the other

hand, with the seamless customer journey to the Younited environment with the

loan offers.

With this cooperation, OneFor is taking another step towards expanding its

product portfolio with the aim to enable its customers to apply for an instant

loan from Younited easily and transparently using the specially created digital

application process. The Younited loan amount ranges from EUR 1,000 up to EUR

50,000 with fixed interest rates and the repayment period of 6 to 84 months.

In the highly fragmented business-to-consumer environment, the exclusive

partnership between Younited and Onefor offers consumers much easier access via

OneFor app to Younited's simple and transparent loans, including fast approval

process and payment disbursement.

Michael Herrschlein, CEO of Younited Germany, explains: "Today more than ever

the families are always focused on managing their financial requirements and

sometimes faced with challenges. Be it the purchase or financing of a property,

a car or necessary household appliances, through to the education of children

at home and abroad. The current economic environment has made the situation

even more challenging. This is precisely why we see the partnership with OneFor

as an extremely useful addition."

In addition, Ilir Aliu, Managing Director of OneFor, confirms: "As a fully

digital financial service provider, OneFor is committed to offering its

customers with value adding services that actually solve a problem and make

their daily life easier. This launch of installment loan offering in

cooperation with Younited is a great example of using technology and

collaboration to offer true value add. In addition to the account and transfer

services, our customers, initially in Germany, can apply for a personal loan of

up to EUR 50,000 directly via the OneFor app and benefit from the fully digital

application process and the fast loan decision."

About Younited

The Younited SA is one of the leading instant credit providers in Europe.

Constant innovation, cutting-edge technology and exceptional user experience

have allowed nearly a million customers to have access to a fast, simple,

transparent and 100% digital credit from EUR1,000 to EUR50,000 and loan terms

of up to 84 months. With offices in France, Germany, Italy, Spain and Portugal,

Younited generates more than 2 billion euros in yearly GMV, with nearly 50% of

its business outside France, where it was founded. In 2021, the company

received the EU Fintech Award. The company has launched the process to become a

certified B-Corp.

More information: https://www.younited-group.com

About OneFor

Germany-based OneFor Holding GmbH is an innovative fintech company that offers

various digital financial and money applications and technical services,

including account, payment, trading, loans and card services. It enjoys a

partnership with Mastercard International that is supporting its card offering.

OneFor enables a borderless family account, turning single transactions into

moments of connection, creating shared experiences and increasing financial

inclusion that fuels economic development. As a pan-European start-up, OneFor

has teams in the Netherlands, Germany, Switzerland and several countries in

Southeastern Europe.

For more information, please visit https://www.onefor.com

Logo: https://mma.prnewswire.com/media/1922724/Younited_Logo.jpg

Logo: https://mma.prnewswire.com/media/1922725/OneFor_Logo.jpg

Source - Younited; OneFor