Venio provides what we call “nano credit” loans via our Application to empower users to obtain much needed products, goods and services quickly and easily from their most commonly used retailers and service providers. Loan applications and approvals are made within 90 seconds and a decision is made to approve the user with an initial amount of US$1 – US$5 or the market currency equivalent amount. With this approval a user opens up access to Venio Credits which can be used “same as cash” within the extensive Venio Marketplace for the purchase of goods and services.
Once a user establishes their profile Venio works to assist with their financial establishment and journey by encouraging financial responsibility and by opening up expanded credit facilities, additional offers, products and services and guidance on how to establish, maintain and grow their profile and rating with us. Venio`s give back approach enables the user to avail what they need, when they need it, including promoting financial responsibility and a path to establishing a long term credit facility that they can count on as a bridge when needed, now and in the future.