SoKay Launches SoKay Borrowers to Help People Borrow From Friends and Family in a Better Way
SoKay Borrowers offers the borrowing side a working framework for managing the transactions as well as the relationships with the lending side in a FnF loan. It is built on SoKay Protocol 1.0, which encourages the borrowers to be responsible, transparent and responsive during a FnF loan process, from beginning to the end. SoKay Borrowers integrates the existing SoKay service products and strealines the user experience to make it more effective for the borrowers, in particular.
"It's definitely a new perspective since we were more focused on helping lenders deal with the loan situations,"
SoKay Borrowers provides the borrowers with a variety of options, such as the signature Launchpad service, which reaches out to potential lenders to negotiate loan terms, and legal templates.
SoKay Borrowers also features a smart solution center that automatically directs borrowers based on their situations.
"That's part of our automation transformation,"
SoKay is currently in phase one and has begun the transformation toward the FinTech phase.
Learn more: https://www.sosokay.com
SoKay Borrowers is live at: https://www.sosokay.com/
SoKay is a new social FinTech innovation that provides solutions to the financial, social and psychological challenges arising from acquaintance and FnF loans, the lending and borrowing activities between friends and family.