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VEND PERSONAL / PRODUCT METHODOLOGY

Clear before you lend.
Useful after repayment.

Lend to real businesses. Follow the repayments. Starting with neighborhood laundries in Korea, with monthly principal and interest scheduled back to your balance.

Updated 5 Oct 2026 · Product design and current readiness. External funding and lending are not enabled; the measures below describe what we plan to track.

01 / PRODUCT RULE

Understand before committing.

See the businesses, the source of repayment, the fees and the risks before choosing an amount.

See the product page
02 / PRODUCT RULE

Make it simple to lend.

Separate adding money from choosing credit. Keep sign-in short; put eligibility, terms and risk acknowledgement at the point where they matter.

Walk through Personal
03 / PRODUCT RULE

Make the credit visible.

Keep operating evidence, repayment dates and received versus outstanding amounts accessible throughout the term.

See the repayment schedule
04 / PRODUCT RULE

Make the next choice easy.

Return received repayments to available balance. Let the person choose to lend again, spend or withdraw, with provider availability made clear.

See the repayment loop
01

The customer journey, in five moments.

The blue arrows trace the path to lending. The shaded stages repeat: review your lending, follow repayments, choose again. Select any stage for its reason and measures.

First lending path Repeating lending cycle
  1. 01 / DiscoverRead the product first.Why this step

    A product page gives referrals, search and social posts one place to lead. Explain the business credit before asking for an account or an amount, with terms, businesses and risks together.

    What to measure

    Product-page visits → app opens; where people leave before choosing an amount.

    Korea 13 product page
  2. 02 / EnterLook around. Then sign in.Why this step

    Let people inspect the flow before creating an account. Authentication and wallet creation are separate from funding readiness; eligibility checks belong before external lending starts.

    What to measure

    App opens → account setup; setup time and sign-in failures.

    Open Personal
  3. 03 / ReviewBalance, amount, dates, agreement.Why this step

    Adding money and lending are separate decisions. Start with available balance, then review the amount, principal, interest, fees and dates together. Eligibility checks, final agreement acceptance and risk acknowledgement must precede external lending.

    What to measure

    Amount selection → review → accepted agreement; abandonment at each step.

    Read the terms
  4. 04 / FollowTrack the money coming back.Why this step

    A scheduled payment is not a received payment. Keep outstanding principal, operating records and payment status visible, with documents and a support route for exceptions.

    What to measure

    Payment-status accuracy, statement availability and payment enquiries resolved.

    See monthly repayments
  5. 05 / Choose againReceived money. Your next move.Why this step

    Monthly repayments release capital. Make lending again a deliberate choice, and keep withdrawal and spending equally understandable. Never imply automatic renewal or a provider connection that does not exist.

    What to measure

    Received repayment → lend again; time to next choice, withdrawals and support issues.

    See the next choices
05 → 03 Received repayments → available balance → lend again

No automatic renewal. Spend or withdraw when providers are connected.

A shared repayment can start someone else’s journey. Share cards explain the outcome; referral codes are a next improvement.

Back to Discover
02

Repayment is the beginning of the next choice.

The repeat loop is part of the product: received money becomes useful again, without rebuilding the journey from scratch.

  1. 01

    Lend

    Choose an amount and review the terms.

  2. 02

    Follow repayments

    Monthly principal and interest, with clear payment status.

  3. 03

    Money available

    Only received payments become available balance.

CONTINUE

Lend again

Choose again from available credit. Review the amount and terms; nothing renews automatically.

SPEND

Use a VEND card

Subject to a connected card provider and account eligibility.

WITHDRAW

Move money out

Requires a connected withdrawal provider and a verified bank account in your name.

Repeat participation can support repeat origination and servicing revenue. The service fee is 10% of interest, with no fee on principal. Lending again remains a customer choice; returns, retention and fee revenue are not guaranteed.

03

In place, needed, and next.

Every item links back to its moment in the journey. A screen or a calculated repayment is not a completed external payment.

02 / READINESS

Before external lending

Connections and documents still required.

04

The record, the credit decision, the capital.

VEND builds credit infrastructure for machine commerce. Machine activity, payments and operating history become a business record that can support reporting, monitoring, underwriting and servicing.

VEND

Build the operating record

Organize machine evidence, the credit file and servicing information. Operating data helps people assess credit; it does not guarantee repayment.

UNDERWRITING PARTNER

Make the credit decision

Assess the business and proposed credit terms. The partner, policy and decision authority need to be named in final documents.

CAPITAL PARTNER

Provide the funding

Supply capital through the agreed lending structure. The lending entity, legal instrument and repayment rights require final terms.

This page describes a product in development, not an offer to lend or invest. Capital and returns are not guaranteed. Payments can be late or lower than expected, and there is no early cash out. Full offering terms must be available before external lending starts.

See the principles in the product.

Start with Korea 13, then walk through Personal. The interface should carry the explanation when it is needed.

Explore Korea 13