Fintech: Southeast News

Fintech Southeast News curated each weekday for Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina, and Tennessee




Posted October 30, 2020

MIAMI (PRWEB) October 27, 2020

KEO World LLC announced today that it has received its Consumer Lender licenses from the State of Arizona and the State of Florida. The announcement makes KEO World among the top FinTech companies to be granted such licenses. The licenses will enable KEO to provide simple installment loan products to serve middle income, credit challenged consumers.

“As one of the few FinTech companies to be granted its Consumer Lender license, we’re proud to help Arizonans and Floridians gain access to fast cash during these difficult economic times,” said Farid Shidfar, USA Country Manager of KEO World. “The licenses are further validation of KEO World’s commitment to continue expanding its cash advance business into new channels and to shape the future of financial inclusion for millions.”

KEO World expects to launch its proprietary consumer lending mobile platform in Q1 2021.

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