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5 Easy Steps:
1. Apply for approval using Zaytoon app under 10 minutes
2. Pick up phone from one of our partner shops
3. Activate phone with remote lock functionality enabled
4. Pay installments on time
5. Unlock phone after full payment
How it works
To be eligible for Zaytoon Smartphone Financing applicant:
must be between 18-65 years old
must have a valid Iraqi biometric ID card issued since 2016 onwards
must provide all required information and permissions requested by the app
must have a valid Iraqi mobile number
must provide a letter of employment dated no older than 3 months
THE PROBLEM WITH BANKS
Traditional banks in Iraq lack financial data on the shadow economy, they only serve loans using collateral based financing. The shadow economy in Iraq is larger than the official economy.
WELCOME TO ZAYTOON
Zaytoon is a revolutionary solution to build digital financial identities in Iraq building a behavior based credit scoring system to enable financial potential for everyone.
REVOLUTIONARY CREDIT SCORING SYSTEM
Through our vast network of communities and partners we collect behavior based data points that turn into detectable patterns through machine learning and artificial intelligence.
CREDIT SCORING USING DATA
We create, collect, and analyze data from a wide array of consent-based alternative data sources to create better understanding of creditworthiness.
Our data driven and behavior based credit scoring enable us to create accurate financial identities for those who do not have any interaction with traditional financial institutions. We offer everyone a financial identity thus offering them numerous ways to become banked, supported and financially included.
BUILD YOUR REAL CREDIT SCORE
Secure a credible financial reputation and enhance your credit score backed by behavior and data.
We have a much lower risk of default on repayments because we look at people, not documents.
Track and see your upcoming installment and payment history via our app.
YOUR DATA IS PROTECTED
Our data is maintained in databases that are secured by industry standard security practices and is fully encrypted while in transit.
Receive your phone and repay your installments via our network of partner shops
Our partner shops are fully covered from any default risk while earning extra income from Zaytoon
Strategic Corporate Partners
Rabee Securities is our major strategic partner and supporter and we are capitalizing on their local presence and deep expertise in the Iraqi financial markets, being a leader in its field.
+964 770 493 9999
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