What we do: RainFin is a lending marketplace that connects lenders directly with high-quality individual, business or corporate borrowers. In response to the increased cost of traditional lending, RainFin pioneered a viable alternative for quality borrowers looking for access to finance and lenders looking for returns that are higher than fixed deposits or the stock market. RainFin’s vision is to remove traditional costs or barriers for borrowers and lenders through innovative technology thereby creating a truly transparent and fair marketplace. The company was established in 2012.
Ownership & Management: Rainfin is owned by its founding entrepreneur Sean Emery whose innovate platform eventually managed to source equity funding from Barclays Africa Group. Sean Emery has since bought back the shares from the majority shareholder, Barclays Africa Group which previously held a 49% stake in the company. The company remains a well-managed platform for its customer base.
Key financial indicators: Not provided. RainFin is now in a good growth phase as it is well-capitalized due to the previous support that was provided by Barclays Africa Group. Rainfin is a registered credit provider that follows the policies and procedures to meet the requirements of the National Credit Act. The company is a great investment opportunity for private equity investors as it has proven its resilience since its inception in 2012.
Track record: Rainfin managed to forge a partnership with Barclays Africa Group due to its pioneering and strong market position in connecting lenders to borrowers.
Contact details: Tel: (+27) 87 820 5200 Email: email@example.com Address: Waterstone Village, Main Road, Somerset West, Cape Town, South Africa Website: https://rainfin.com
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