A new Fintech startup is coming today, and its name is Ninja Lender.

But let us tell you about the problem first. We found out that about 87% of all loan applications are rejected. Just imagine – you can go to a bank 5 times and only once you will get a positive decision. This means that hundreds of millions of people are not getting a loan. And some of them got rejected only because of algorithms. That’s why 15% of rejected loan applications are given out to borrowers by other financial institutions later on. But, unfortunately, all parties have already spent their time and money.

So what about Ninja Lender? This will be a B2B marketplace for banks and lending companies to buy and sell rejected loans. Our platform will increase the efficiency of the credit market and match borrowers with lenders.