openPR Logo
Press release

Frello App Unveils Groundbreaking Peer-To-Peer Lending Platform: Empowering Friendlier Loans for a Friendlier World

07-08-2024 11:28 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Getnews

/ PR Agency: Authority Titans
Frello App Unveils Groundbreaking Peer-To-Peer Lending

Image: https://www.getnews.info/wp-content/uploads/2024/07/1717750403.jpeg

Today marks a pivotal moment in the financial landscape as Chris Harder, entrepreneur, philanthropist, motivational speaker, and podcast host, launches his legacy project: Frello [http://frelloapp.com], a peer-to-peer lending app designed to connect those facing short-term financial challenges with compassionate individuals willing to extend a helping hand.

In his podcast episode, "I'm Building an App! Here's the Story Behind It," Chris shared the heartfelt story that sparked the idea for Frello. It all began with a simple act of generosity, a $680 loan that transformed a landscaper's life, preventing his business from collapsing and saving jobs.

"This became the seed that was planted in me that became the mission that I knew I had to solve," Chris said. "We are going to change the way people behave in a financial jam with their money forever."

This powerful experience ignited the mission behind Frello - a platform that transcends traditional lending barriers and fosters a community of support.

A Modern Solution to an Age-Old Issue

Frello is not just an app but a movement toward financial inclusivity and community-driven lending. The platform operates as a two-sided marketplace where borrowers facing short-term financial hurdles can seamlessly connect with lenders willing to make a positive impact. Frello revolutionizes the lending landscape, steering away from payday loans and offering borrowers more favorable terms, including longer repayment periods.

The app's innovative design incorporates a bid system, creating a one-of-a-kind experience for lenders scrolling through potential loan opportunities. Borrowers choose from a variety of bids, selecting the terms that best suit their needs. This groundbreaking approach ensures a personalized and mutually beneficial lending experience.

The Tech Behind the Dream

While Chris openly admits to being tech-challenged, he teamed up with tech mogul Matt Marek, a seasoned entrepreneur with a track record of building successful tech companies. Matt's expertise, coupled with a dedicated team of tech experts, has resulted in the rapid development of Frello. The collaboration represents a perfect union of vision and technical prowess, highlighting the power of finding the right partners to bring a dream to life.

Chris expressed his appreciation to the team, saying, "I'm just so grateful to Matt and to them for being the other half of this dream, or it really wouldn't come to fruition."

Strategic Fundraise: A Community-Driven Approach

Chris and Matt have self-funded Frello's pre-seed round, demonstrating their commitment to the project. As they embark on the strategic fundraising phase, the duo is seeking more than just financial backers. Frello is inviting strategic investors with expertise, influence, and a passion for the project to join the mission.

A strategic fundraiser, as Chris describes it, goes beyond monetary contributions. It seeks partners who can contribute valuable insights, have access to potential users, or possess advocacy capabilities. The goal is to build a community of investors who are not only financially invested but are also actively engaged in the success of Frello.

Frello has already attracted a list of celebrity and influencer investors eager to be part of this transformative journey. However, the opportunity remains open for individuals who share the passion and vision of Frello to apply as strategic investors.

Accelerating Towards Change

With a fully functional demo already in place and an exceptional team driving the development, Frello is moving at lightning speed. The platform promises to dismantle financial barriers, putting lending power back in the hands of individuals and fostering a friendlier world.

"I'm so excited about the fact that pretty soon when we can bring this thing to market, we are gonna take the fear and the shame and the scare and the uncertainty out of people who wake up in an urgent financial jam. And at the same time, we're gonna give people on the other side who are willing to do good and make these loans and give them unmatched returns," Chris beamed.

"Don't let it be an excuse that you're not good at this, you're not good at that. Because I'm living proof that not only can it happen, but it can happen at warp speed in the biggest of ways, and you can change the world," he added.

Witness the evolution of a groundbreaking app that seamlessly combines compassion, cutting-edge technology, and a thriving community to fundamentally redefine the landscape of lending. This innovative app strives to go beyond conventional practices, ushering in a friendlier, more inclusive approach that not only prioritizes financial assistance but also fosters a sense of belonging and support among its users.

ABOUT FRELLO

Frello, short for "Friendlier Loan," is a peer-to-peer lending app designed to create a community-driven marketplace for personal loans. Founded on the principles of generosity and financial empowerment, Frello aims to revolutionize lending by connecting those in need with compassionate individuals willing to provide a friendlier loan.

Media Contact
Company Name: Frello
Email: Send Email [http://www.universalpressrelease.com/?pr=frello-app-unveils-groundbreaking-peertopeer-lending-platform-empowering-friendlier-loans-for-a-friendlier-world]
Phone: 323-553-7776
Country: United States
Website: http://frelloapp.com



This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Frello App Unveils Groundbreaking Peer-To-Peer Lending Platform: Empowering Friendlier Loans for a Friendlier World here

News-ID: 3571122 • Views:

More Releases from Getnews

Inspire Ambitions Unveils New Report Showing Graduate Expectation Gap in the UAE Workforce
Inspire Ambitions Unveils New Report Showing Graduate Expectation Gap in the UAE …
Inspire Ambitions launches "The 2025 Graduate Expectation Gap Report," highlighting disconnects between student career expectations and workplace realities. Image: https://www.globalnewslines.com/uploads/2025/09/6f6df43eab6fb7f22996fcc669a39629.jpg A new report released today by Inspire Ambitions [https://inspireambitions.com/], The 2025 Graduate Expectation Gap Report [https://inspireambitions.com/product/from-campus-to-career/], reveals that a significant majority of recent graduates in the UAE feel unprepared for the realities of today's workplace. The findings shed light on a widening divide between university preparation and the skills needed to succeed
Future Electronics and Infineon to Host Free Webinar on Next-Generation Smart HMI Design with PSOC Trademark Edge
Future Electronics and Infineon to Host Free Webinar on Next-Generation Smart HM …
Image: https://www.globalnewslines.com/uploads/2025/09/1757697276.jpg Future Electronics & Infineon's free webinar on Sept 25 to explore how PSOC Trademark Edge powers next-gen smart HMIs with AI, voice & gesture control. Montreal, Canada - September 12, 2025 - Future Electronics, a leading global distributor of electronic components, is pleased to announce an upcoming free webinar hosted in collaboration with Infineon Technologies: Unlock Innovation with PSOC Trademark Edge for Next-Gen Smart HMIs. The live session will take place
RoadMap Advisors Enhances Sell-Side M&A Services for Middle Market Business Owners
RoadMap Advisors Enhances Sell-Side M&A Services for Middle Market Business Owne …
Image: https://www.globalnewslines.com/uploads/2025/09/1757662626.jpg RoadMap Advisors, a Virginia-based consulting firm, has refined its sell-side M&A service offerings to provide greater process efficiency, buyer alignment, and transaction readiness for business owners seeking full or partial exits. Vienna, VA - September 12, 2025 - RoadMap Advisors, a leading consulting firm in Tysons, VA [https://www.roadmapadvisors.com/], has announced the refinement of its sell-side mergers and acquisitions (M&A) services [https://www.roadmapadvisors.com/mergers-acquisitions/sell-side/], incorporating a structured, advisor-led process designed to help business
MFE Insurance Responds to Industry Shift as Studios Turn to DICE Insurance for Innovative Productions
MFE Insurance Responds to Industry Shift as Studios Turn to DICE Insurance for I …
Image: https://www.globalnewslines.com/uploads/2025/09/1757659532.jpg MFE Insurance is offering custom DICE insurance policies for studios and filmmakers seeking to innovate their productions. Los Angeles, CA - September 12, 2025 - As audience expectations continue to shift and demand for high-impact, visually memorable content rises, producers and production companies are pushing creative boundaries like never before. MFE Insurance, a national leader in entertainment, cannabis, and event insurance, [https://www.mfeinsurance.com/] is meeting that evolution head-on with customized DICE

All 5 Releases