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Transpalend is committed to bring Transparency in lending and borrowing between friends, family and trusted relationships. We track, remind and hold accountable two parties exchanging money so that there can be borrowing with confidence and lending with certainty.
With Transpalend, a user can borrow directly from contacts. Get notified if the lender approved the request. The app tracks and notifies the borrower and the lender on payment dates and amounts, as well as tracking the status of each loan. In the near future, we want to improve the experience by generating a written agreement that can be used as a legal document in case there is any dispute between two parties. It is a better way to lend money with transparency and certainty, removing the awkwardness of reminding someone you respect to pay you back.