Pfida
A truly unique, ethical financial tech company, with a mission to provide everyone with equal and fair opportunities to save, invest, and own a home without interest and debt.
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Founders: Raza Ullah and Salman Hasan
Sector: Finance (Technology)
Location: London
One-third of problem debt in the UK is related to the loss of housing. Pfida have created a debt-free model of housing finance, where an equity buffer protects the tenancy in the event of loss of income. So far, the average Pfida customer has built up an equity buffer equal to four years’ worth of rent, providing stability of tenure.