Online Lender Carilend Launches


Jamaica’s first fully online lending platform is here with the recent launch of the ‘VM eLoan powered by Carilend’.

The loan facility comes months after Victoria Mutual Investments Limited, the wealth-building arm of the Victoria Mutual Group, acquired a 30% stake in Carilend, a Barbados-based FinTech company.

The loan facility is an integrated end-to-end solution providing loans to qualified, creditworthy borrowers.

In a release, Carilend says it is changing the face of borrowing and lending in the Caribbean with the provision of lending services that are completely online.