ready lifestyles fintech platform poised to disrupt loan enterprise by offering loans that require no credit score score

“we are rewriting the regulations for homeownership,” says prepared life ceo ashley d. bell, a corporate finance lawyer and a former white residence policy consultant for entrepreneurship and innovation. “the present day device isn’t operating, so prepared life has created a manner to help people get into a home of their very own based on the elements that depend. we consider that a family with a documented records of paying their hire on time pays their loan in the identical style.”

whilst the prepared existence platform launches q4, consumers who pay their rent on time using the equipped pay visaⓇ debit card will qualify for mortgages with out a credit rating overview.

parent technologies, inc. serves as both an investor and prepared existence’s era accomplice. figure is the leader in blockchain-based totally fintech infrastructure and has evolved backend generation in an effort to allow ready life clients to advantage from quicker, much less highly-priced transactions. ready existence will leverage the provenance blockchain–which is the most effective public, decentralized blockchain utilized by u.s. banks, with billions of dollars of digital economic property transacted throughout lending, bills, and marketplaces.

“discern is proud to be an investor and associate for the tech infrastructure for ready life,” says june ou, cofounder and coo of figure technology, inc. “geared up life represents a ahead wondering mission-based totally fintech answer that makes use of blockchain generation and charge solutions to assist customers and small business owners in constructing a possible pathway to create generational wealth.”

to lead its strong rollout of fintech products, ready lifestyles has tapped steve payne as leader era officer. payne isn’t any stranger to using fintech as a tool to create opportunities for underrepresented communities and he has a wealth of a hit tech revel in that consists of leading generation development at sofi and serving because the cto at mocafi.

“i am very commemorated to join the prepared life crew. i’m inspired with the aid of the assignment and the possibility to construct revolutionary fintech merchandise that assist communities construct generational wealth,” prepared life cto steve payne shares. “just as there are food deserts and medical deserts in many city and rural regions, there also are economic deserts. our technology, built on blockchain, allows hold resources within communities and most significantly– presents a new course to homeownership that makes use of one’s current spending conduct as key standards for acquiring a loan.”

dr. bernice a. king, the daughter of the past due dr. martin luther king, jr. and coretta scott king, serves as chair of the ready lifestyles advisory board and views its mission as an extension of her father’s work to reduce poverty and inequality. “i agree with that ready lifestyles can assist rectify decades of discrimination within the vicinity of homeownership by way of supporting to take away needless limitations,” king states.

equipped lifestyles will officially release inside the fall of 2022 and is currently accomplishing its series a funding round, led by way of determine technologies, inc.

about geared up life
ready life is an progressive fintech platform with a suite of monetary gear that empower people to create and hold generational wealth. with ready loan, customers who pay their rent on time the use of the ready pay debit card, can qualify for a mortgage–no credit score score wanted. ready lifestyles’s services and products permit folks that aren’t appropriately served via present day economic structures and supply individuals the strength to improve their lives via everyday movements. the prepared existence co-founders consist of former white residence coverage consultant for entrepreneurship & innovation and company finance legal professional, ashley d. bell–and dr. bernice king– the daughter of the past due dr. martin luther king, jr. go to to sign on and secure an area in line to receive the debit card so that it will cause domestic ownership.

Leave a Reply

Your email address will not be published. Required fields are marked *