neoSaej Benefits
Why use neoSaej?
neoSaej's patent-pending technology brings consumers great rates and prices by having sellers actively compete in live, real-time, instantaneous auctions, which are completely free. Simultaneously, we provide small and mid-sized sellers the opportunity to compete on a level playing field in markets dominated by a handful of large companies, giving both buyers and sellers the full benefit of the free market.
neoSaej's initial product, MoneyAisle, allows consumers to get great rates on CDs and High-Yield Saving accounts. Our buyer-centric platform empowers the consumer by having the participating banks and credit unions actively bid for the chance to win his or her business, resulting in great deals. By lifting the buyer’s burden through live competitive auctions, neoSaej minimizes the time spent searching for rates and prices while maximizing the consumer's financial benefits.
Consumers win:
- Great rates on Auto Loans, CDs, and High-Yield Savings accounts secured through live auctions among network banks and credit unions.
- Consumers can start a live auction on demand, 24/7 and it's completely free.
- Auctions start instantaneously, receive results in just a couple of minutes.
- Transparent auction platform.
- Safe and secure platform. Deposits are insured (subject to applicable FDIC/NCUA limits.)
- We help financial institutions cut costs, enabling them to pass the savings back to consumers.
Financial Institutions win:
- Raise deposits and increase lending.
- Substantially expand the addressable market without having to build new branches.
- Substantially reduced customer acquisition cost.
- Real-time market analytics – true rate discovery for deposit and lending products.
- Low cost, no risk. Fully automated, no additional manpower or IT infrastructure required.