# Torche: Future of Credit — Borrow, Save & Invest

> Borrow, Save & Invest (iPhone/iPad app by Torche Evolution Biometric Solutions Limited.)

- Source: https://appshunter.io/ios/app/torche/id1666010295 (this page in markdown: same URL + `.md`)
- Developer: [Torche Evolution Biometric Solutions Limited](https://appshunter.io/developer/1666010927)
- Category: Finance, Business
- Price: Free
- Age rating: 4+
- Requires: iOS 13.0 · 43 MB
- Languages: English
- Released: 2023-03-14
- Data updated: 2025-01-09
- User reviews in markdown: https://appshunter.io/ios/app/torche/id1666010295/reviews.md

## What is Torche?

Torche is a platform that allows individuals & businesses to seamlessly access collateralized loans. 

Our users are able to;
1. Securely deposit their collateral in foreign currency (USD) or crypto stable (USDC, BUSD) coins

2. Get local currency worth 50% of collateral at parallel market 

3. Simply pay back local currency loan at 2.5 - 3% monthly interest within time frame of their choice.


## Version history (last 1 release)

### 1.1.0 — 2023-05-12

-Bug fixes

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*Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2025-01-09.*