London, 30th January, 2017: Nava Finance Limited today announced that the Financial Conduct Authority has confirmed that as of 27 January, 2017 Nava Finance Limited is authorised and regulated by the FCA, enabling Nava Finance Limited to begin offering personal loans to UK consumers.
The company is now focused on working towards an initial launch date, which will be announced when all testing and other preparations are fully completed. The co-founders of Nava Finance Limited are Joe Dlutowski, Richard Lee and Abhai Rajguru.
Joe Dlutowski, co-founder of Nava Finance Limited, said: “I am delighted to share this news and look forward now to announcing our launch.”
About Nava Finance Limited
Nava Finance Limited is a next generation consumer lending platform built on deep analytics which is used for credit and other underwriting processes. Nava Finance Limited sources loan funding from institutional investors and manages the process of sourcing and underwriting borrowers.
The company’s credit expertise means that it is able to offer responsible lending to a broad range of borrowers, including those that may score well on affordability but have less than perfect credit histories. By offering only one product Nava Finance Limited customers are not cross-sold, up-sold or mis-sold any additional financial products or services.
Contact the Press Office
All enquiries from the media should be directed to Nava Finance Limited’s Press Office: firstname.lastname@example.org
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