Zugoto is a marketplace that connects borrowers with lenders. Users submit fundraising requests and leverage their social media footprint to obtain financing.
Zugoto’s application provides a marketplace that connects borrowers to lenders. As users engage with the platform and expand their relationship within the marketplace, Zugoto collects data that will be used to create a proprietary credit scoring system. This “social credit score” is an alternative means with which a lender can underwrite a credit applicant and a user can receive funding.