Founded in Australia in 2018, Symple Loans has swiftly emerged as a burgeoning fintech entity within Canada. Its Canadian arm, Symple Loans Canada, was established in February 2021 and is headquartered in Toronto.



Harnessing cutting-edge digital technology, advanced analytics, and contemporary lending tools, the company provides an expedited and efficient online lending platform for borrowers. They extend interest rates as minimal as 6.99% to applicants boasting robust credit profiles.

The core objective of this fintech enterprise is twofold: to diminish borrowing expenses for Canadian consumers and to revolutionize the borrowing experience, surpassing the norms of conventional lending avenues.

Symple Loans distinguishes itself by leveraging supplementary data sources, enabling a comprehensive assessment of a borrower's financial and credit landscape. This approach, distinct from conventional credit risk models, allows for a more accurate evaluation of creditworthiness, resulting in tailored interest rates and personalized loan propositions.

Particularly, individuals with stellar credit scores will find this platform advantageous, as it presents lower rates compared to those typically available from major banks catering to this specific demographic of borrowers.