Onigroup Venture Investments has partnered with Punk Money to help disrupt traditional short term loans.

We’re proud to announce that OniGroup Venture Investments (OVI) has joined Punk Money in the journey to revolutionise traditional short term loans, making borrowing open and transparent to everyone. 

Punk Money is a cloud based Peer-2-Peer FinTech platform that aims to disrupt the traditional short term loan industry. They’re doing so by opening up a completely new market of community based lending that leverages the unused savings in traditional bank accounts. 

Using Open Banking connectivity and user-specific credit models they help to not only reduce the barrier of entry for short term loans but also qualify affordability of repayments via a clean, transparent interface.

Punk Money completely transforms the $5 Trillion Short Term Credit Market, with frictionless loans from one person to another: money for the people, by the people” - Ewan Dickie (Co-Founder - Punk Money).

The OVI team will hold a strategic position to work with Punk Money in managing the growth and scaling of the business to bring their product offering to market in the first half of 2021.

About OVI: OniGroup Venture Investments programme

We are always on the lookout for new investment opportunities and keen to learn more about new market opportunities. If you have an interesting venture that you’d like to discuss with us, get in touch with an overview of the company and why you feel this would be a great opportunity for OVI.