When you get a loan from a bank, their fancy computer systems help track balances and make it easy to make payments online. When you lend money, or borrow, with friends and family, it should be easy too!
Until now, the only good options to manage loans with friends and family were using a pen and paper or a complicated spreadsheet. Calculating interest, scheduling payments, and making payments was really hard. At Money Mola, we believe loans with friends and family should be easy. We take care of the hard part so you don’t have to.
Protect your relationship, avoid awkward conversations, and take the stress out of lending with Money Mola!
Money Mola is built and managed by a small team in Portland, Oregon.
Eric Rosenberg – CEO
Eric came up with the idea for Money Mola after seeing people have constant struggles dealing with loans between friends and family. He has worked as a bank manager, in corporate finance and accounting, and runs the popular personal finance blog Personal Profitability.
When he is not busy with his online pursuits, Eric enjoys tinkering with computers, riding his cruiser bike, and taking advantage of Portland’s amazing craft beer scene.
You can reach him by email at Eric at MoneyMola.com.
Balaji Vasudevan – CTO
Balaji is a developer with a passion for financial technologies. He has worked with major finance and online brands and at career startup DreamPath.
When he is not building amazing web tools, Balaji is a family man in Beaverton, Oregon.
You can reach him by email at Balaji at MoneyMola.com.