Faraz Financial Technologies Company was registered in 2018 with the aim of forming a strong and complete fintech company and facilitating it, and its first product is Etebarino, which provides services in the field of lendtech.
Year of establishment: 2018
Fields of activity: banking, insurance, payment services
Etebarino Introduction
According to Iran digital economy annotation, Faraz Financial Technologies Co., with the aim of providing financial technology services with the support of the expertise and experience of its shareholders and managers in the field of information technology, financial and banking services, was registered with National ID number 14007732132 and number 528980 on 2018/07/22 and its activity has started.
Etebarino is part of the integrated solutions of Faraz Financial Technologies Company, which has been developed to provide financial services such as credit and installment services and new methods of lending, crowdfunding, insurance technology services.
At present, it is only possible for depositors of EghtesadNovin Bank and holders of investment units of Novin Capital Fund to receive credit in Etebarino. The amount of credit request is up to 80% of the total amount of deposits and up to one million dollors.
Users don’t need to go to Eghtesad Novin Bank branches in order to receive credit, the bank representative takes the documents and the contract to the customer, and the time of the bank representative’s visit is notified by the Etebarino in the form of SMS.