Nenofi v Traditional Finance

New paradigm of Borrowing and Lending

Traditional Finance

Alice is earning 1% on her savings. With a good credit score and cumbersome application process Bob borrows at 7% rate.

Banks Revenue: $53 Avg Net Profit Margin: ~14% Profit: $7.42

Nenofi

Alice is earning 3.7% on her savings. Bob borrows at 5.8% rate while his collateral appreciates in value

Nenofi Revenue: $9.3 Avg Net Profit Margin: ~80% Profit: $7.42